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Luxuria builds homes for 2 audiences at Calgary's University District

4 days ago

Luxuria builds homes for 2 audiences in Calgary

Luxuria Homes is building two housing projects within Calgary’s University District designed to meet the distinct demands of very different demographics which live in, and are drawn to, the large mixed-use community.

 

Agents expected to recover 50% of lost iPro commissions

The Real Estate Council of Ontario says agents affected by the massive trust account scandal at iPro Realty Ltd. are currently set to be compensated for just half of what they’ve lost in commissions.

Largest provinces score worst on housing policies, outcomes

A new report says Canada's three largest provinces are lagging the rest of the country when it comes to housing crisis policies and outcomes. Ontario finished last with a D, behind B.C.'s score of C- and Quebec's C+.

November housing starts up 9.4 per cent from October

Canada Mortgage and Housing Corp. says the annual pace of housing starts rose 9.4 per cent in November. The seasonally adjusted annual rate of housing starts came in at 254,058 units in November, up from 232,245 units in October.

Canada's housing market stuck in 'holding pattern'

Home sales across Canada barely moved in November, dropping 0.6 per cent from October, according to CREA‘s monthly data. Its home price index fell 0.4 per cent between October and November. The national average home price was $682,219.

Empty homes in Vancouver fall below 1,000 properties

The number of vacant homes within Vancouver’s municipal borders has fallen to its lowest level since the City of Vancouver’s Empty Homes Tax was introduced eight years ago.

Canada needs a blueprint for modular homes

OPINION: The new federal agency, Build Canada Homes, is betting that modular homes built in sections in factories will help fix the housing crisis. The idea has great promise, but the plan needs to be more ambitious to have substantial impact.

Toronto wants to limit ‘iceberg homes'

Toronto is considering changes to regulations governing ”iceberg homes,” with a dozen proposed since spring 2024. Like the name suggests, the bigger part of these homes often lies under the surface, and is sometimes a basement with multiple storeys.

Move to PropTx triggers 50% drop in OMDREB membership

Oakville, Milton and District Real Estate Board (OMDREB) lost about half its members after switching from Information Technology Systems Ontario to PropTx MLS, as many dual members with TRREB no longer needed separate memberships, reducing total membership to about 800.

Lawyer who admitted stealing from homeowners disbarred

Toronto real estate lawyer Singa Bui's licence to practise law was revoked following a hearing in which the Law Society of Ontario presented evidence that Bui repeatedly dipped into her firm's trust account to steal millions of dollars of client money.

Inside the murky world of real estate wire transfers

OPINION: With the use of certified cheques in real estate closings declining due to the possibility of forgery, the delays occasioned by the use of wire transfers are becoming increasingly frustrating for a growing number of buyers and sellers.

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