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Logel Homes hits $200M revenue, marks 25 years in business

2 days ago

Logel hits $200M revenue as it marks 25 years in business

Logel Homes has won multifamily builder of the year awards in Calgary and Alberta in the same year, adding to a nine-year run in which the Calgary-based company has collected 78 industry awards.

AI-staged RE photos raise questions, mislead homebuyers

Artificial intelligence is making it increasingly easy for real estate agents and sellers to virtually stage properties — adding furniture, artwork and decor to listing photos without physically moving a single item. Experts warn altered images could mislead buyers.

Housing market slips further as mortgage rates climb

The housing market dipped in September as a surge in borrowing costs added to the broader economic uncertainty holding back buyers. The number of homes that traded hands fell 2.3 per cent in September from the previous month.

Metro Vancouver home prices drop 4% in Q3

Metro Vancouver home prices continued to fall in the third quarter as economic uncertainty and concerns about future borrowing costs kept buyers on the sidelines, according to a new report from Royal LePage.

Why more housing supply didn’t lower B.C. prices

Over six decades, Vancouver built new housing supply faster than almost any other major city on the continent — but still endured the most rapid rise of all in unaffordable housing.

3 applicants use Toronto’s free laneway suite designs

Slightly more than a year after the City of Toronto released pre-approved designs to speed up the process of building garden and laneway suites, the plans have only been used in a handful of building permit applications.

Condo maintenance fees are up, scaring buyers

Though condo prices in Toronto are dropping, some area realtors say rising maintenance fees are putting off buyers. Toronto fees for a one-bedroom have gone up 3.7 per cent in a year, according to real estate platform Wahi.

Down payment rules outdated, says credit union CEO

With housing costs and living expenses remaining high in B.C., people struggling to save for a down payment shouldn't be shut out of homeownership, says Brian Harris, president and CEO of Beem Credit Union.

Brokers look beyond rates in competitive mortgage market

With banks competing aggressively on mortgage rates, some brokers are questioning whether the industry’s push for faster transactions and higher volumes is coming at the expense of client relationships. Losing business to banks is a leading concern for Canadian brokers.

How good design could solve Edmonton's infill problems

In March 2025, the City of Edmonton asked a batch of architects to put together a catalogue of plans for infill homes that would fit well into mature neighbourhoods. The public got to see seven of those designs last week.

Plan to combat illegal Montreal Airbnbs behind schedule

Nearly a year after Soraya Martinez Ferrada was elected as mayor, it remains unclear when Montreal will amend its tourist accommodation regulations. Meanwhile, a city-planned app designed to crack down on non-compliant landlords is already falling behind schedule.

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