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Brokerage Sutton Group executes growth plan despite sluggish market

19 hours ago

Sutton Group executes growth plan despite sluggish market

As Sutton Group Realty continues onboarding and opening offices in Western Canada, its CEO Ross McCredie said the company is also working to deepen relationships with its existing franchise partners.

Budget to include $50-billion local infrastructure fund

Tuesday’s federal budget will announce a $50-billion fund for local infrastructure, including housing, transportation and a specific stream for health infrastructure such as hospitals and emergency services, a senior government official told The Globe and Mail.

What we know about the feds' plan to build Toronto homes

With $13 billion to spend across the country, new federal housing agency Build Canada Homes has lined up its first project in Toronto, setting its sights on creating a factory-built housing development at Downsview.

Homebuilder sentiment drops to record lows

Data from Canada’s latest Housing Market Index (HMI), published quarterly by the Canadian Home Builders’ Association (CHBA), fell again in Q3 to new record lows. CHBA’s single-family HMI fell to 23.3 out of 100, while the multifamily HMI was 16.8.

Inside the surge of forced sales in the Toronto area

Once very rare, powers of sale are rising across the GTA, especially in suburbs such as Brampton, Brock and Scarborough, according to data from MLS provided to the Star by John Pasalis, president and broker of record at Realosophy Realty.

The era of the shoebox condo is over

For the better part of the past 15 years, “apartment” in Toronto and Vancouver became a synonym for tiny living space: often less than 640 square feet. It’s a sharp contrast with big cities elsewhere in the world.

The housing bubble has already burst

ANALYSIS: Every conversation about financial markets these days eventually veers toward the question of whether we are in a bubble. But there’s another asset bubble already undoing itself in painful fashion: housing.

Calgary October home sales down 13% from a year ago

The Calgary Real Estate Board says home sales dropped 13 per cent in October compared with last year as prices also fell. The board says much of the sales decline has been driven by the apartment and row-style homes categories.

Where are secondary suites being built in Calgary?

While basement apartments and laneway homes are often adapted from existing housing stock, they can also be included from scratch in new builds. So, where are you most likely to find legal secondary suites in Calgary?

Kamloops misses B.C. housing targets for second year

Kamloops has fallen short of its provincially mandated housing target for the second straight year. Staff said the decline can be attributed to higher interest rates, U.S. tariffs, rising construction costs and federal policies restricting immigration and international students.

RECO issues freeze order on Oakville brokerage

The Real Estate Council of Ontario (RECO) has issued an order to freeze the bank accounts of Oakville, Ont.-based Rexig Realty Investment Group. It has proposed to revoke the registrations of both the brokerage and its director and president. 

Ont. receives iPro scandal audit, won't make it public yet

The Ontario government has received the results of an audit into how the Real Estate Council of Ontario handled the iPro scandal — but it’s not making the findings public yet. 

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