32 h. ago B.C. to ease rules on builders to spur new housing construction

The British Columbia government is loosening the rules for payment of development fees in a bid to jump start home construction that has been hampered by upfront costs.

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32 h. ago B.C. is easing rules on upfront costs for homebuilders to spur project construction

The British Columbia government is loosening the rules for payment of development fees in a bid to jump start home construction that has been hampered by upfront costs. Housing Minister Ravi Kahlon says among the biggest changes will be more flexible and extended payment timelines for homebuilders, so instead of paying development fees up front, […]

Economics

7 d. ago Housing supply, employment and economic activity in the GTA are at risk without broad GST/HST relief for new homes 

An article released earlier this month by Altus Group, prepared for the Building Industry and Land Development Association (BILD) and the Ontario Home Builders’ Association, indicates that without significant intervention to jump-start the housing sector, almost 50 per cent of residential construction sector jobs in the Greater Toronto Area (GTA) are at risk. The report […]

Transport

8 d. ago Strategic Storage Growth Trust III, Inc. Acquires Class A Self

LADERA RANCH, Calif. — Strategic Storage Growth Trust III, Inc. (“SSGT III”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), is pleased to announce the acquisition of a Class A self-storage facility located at 1305 East 7th Avenue in Vancouver, British Columbia. This five-level, purpose-built facility […]

Other

9 d. ago Report says hoping for Canadian housing prices to plummet is not realistic

Canada must dramatically increase the pace of home construction — nearly doubling current annual housing starts — to address the country's deepening housing affordability crisis, according to a new report from the Canada Mortgage and Housing Corporation (CMHC).In its updated annual analysis of Canada's housing supply shortage, CMHC estimates that the country needs to build between 430,000 and 480,000 housing units annually until 2035, up from the current trajectory of about 250,000 units per year. The aim is to restore affordability to levels last seen in 2019, prior to the pandemic-driven housing boom.The federal Crown corporation has shifted its modelling framework to a rolling 10-year horizon, abandoning its earlier 2030 benchmark, which it now considers unrealistic due to the lengthy timelines needed for land use approvals and construction."Restoring affordability to levels last seen two decades ago isn't realistic, especially after the pos...

Economics

1 week ago How robots are taking prefabricated housing construction to a new level for this Vancouver company

Intelligent City is fine tuning automation and robotics to speed up and standardize the prefabrication of mass timber buildings as its contribution to solving Canada's housing crisis

Economics

1 week ago 41,000 jobs, 23,000 annual housing starts and $10 billion in investment at risk — third

Toronto, June 23, 2025 (GLOBE NEWSWIRE) — Greater Toronto Area, June 23, 2025 – A new article by Altus Group, prepared for the Building Industry and Land Development Association (BILD) and the Ontario Home Builders’ Association (OHBA) demonstrates that without significant intervention to jump-start the housing sector, almost 50 per cent of residential construction sector […]

Economics