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Caivan’s Aura in Mississauga beats presales targets in slow housing market

5 days ago

Caivan’s Aura beats presales targets in slow market

The pre-sale inventory for Mississauga’s upcoming Aura Lakeview Village has nearly sold out despite a slow, challenging housing market. Developer-builder Caivan and listing brokerage Rare Real Estate say it is proof their unconventional strategy is working.

Feds, Ontario to spend $8.8B to cut development charges

The federal government and Ontario will invest $8.8 billion in infrastructure over the next decade in a bid to encourage the province’s municipalities to reduce real estate development charges, offering another boost to home builders.

Surrey adds tool to speed housing applications

Surrey, B.C. this month lauched its eCheck digital compliance system, which allows home designers to pre-screen their plans for zoning compliance before submitting a formal building permit application.

Real estate’s AI photo evolution enters enforcement phase

A consensus is forming across Canada’s real estate industry about where to draw the line on artificial intelligence-altered listing photos. However, standardizing rules and enforcing them consistently is still a work in progress, and rulemakers are racing to adapt.

Is your brokerage built to last, or built around you?

Most brokerages are built around people, not processes. The owner drives momentum. The strongest agents carry disproportionate weight. Standards live in conversations rather than documentation. But strength that depends on constant personal input is not strength. It is stamina.

B.C. multifamily market parries supply and demand shocks

B.C.’s multifamily real estate sector is facing headwinds on both the demand and supply sides, but the overall market remains healthy and resilient, according to Sim Waraich, an associate vice-president with Colliers Canada.

New townhouse development set for Coquitlam

Two years after they were first approved, two townhouse projects totalling eight buildings are set to be built in Coquitlam, B.C. Arrayed over four lots, the first project includes five three-storey townhome buildings totalling 78 units over an underground parkade.

GTA new homes sales increase slightly in February

There were 531 new home sales in February — up 16 per cent from February 2025 but 76 per cent below the 10-year average for the GTA. Historically, new home sales for a typical February in the GTA would be 2,251 units.

Ontario new home buyers must now register with Tarion

Starting April 1, buyers of new freehold homes (not condos) must register with Ontario's home warranty provider within 45 days of entering into an agreement of purchase and sale. Failure to do so could impact warranty coverage should something go wrong. 

Boomers may need to end the system that made them rich

For our housing situation to improve at the pace we need it to, more members of older demographics will have to advocate, and vote, for policy shifts away from the system that created their comfortable surroundings and made many of them rich.

What happens to the family home when a marriage ends?

In acrimonious breakdowns, lawyer Alyssa Bach sees disgruntled partners weaponize houses in ways that create toxic home environments and deprive spouses of the ability to access their equity. The tension is amplified in the current real estate landscape.

How the gov't can seize your home and sell it to devs.

Most Canadian homeowners assume that "owning" land is an absolute right. In reality, all land in Canada is held "of the Crown." Municipal, provincial and federal governments possess the power of eminent domain, known in Canada as expropriation.

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