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Sunday , 26 March 2017

Monthly Archives: August 2014

New home sales up sharply in GTA

Booming home sales in Toronto and the GTA are widespread, not confined to resales and not limited to one type of home or another. Sales of new homes, both “ground-related” and high-rise, are continuing to show strength as the summer of 2014 progresses. The Building Industry and Land Development Association (BILD) and RealNet Canada, BILD’s official source for market intelligence, today released sales numbers for July, and they show that activity is up considerably. Low-rise sales for July totaled 1,226, a remarkable 50 per cent increase compared to one year ago. It was the best July for low-rise home sales in the last five years. New condo sales, meanwhile, jumped ... Read More »

Choosing to live small: the micro-condo trend

There is a big difference between a small living space and a smart small living space. While it is true that some people are willing to live in modified shipping containers, often in areas removed from the city centre, that is a trend that’s likely to remain fairly marginal. The trend to construct small, attractive, specially designed condos in conventional structures in downtown locations, however, is spreading. In fact, it’s happening all over—London, England, New York City, San Francisco, Vancouver, Toronto. A good example of the kind of space that can be created, albeit with a lot of ingenuity and thought (and money), is the NYC apartment of TreeHugger founder ... Read More »

Are condo boards prepared for coming wave of seniors?

A demographic shift now underway in Canada is playing out as today’s baby boomers gradually become tomorrow’s seniors. In about twenty years, one in four Canadians will be seniors, a dramatic increase from one in seven today. A lot of those seniors have chosen, or will choose, to live in condominiums, for reasons of security, convenience and greater freedom to come and go. The condo lifestyle also appeals to seniors because it allows them to live on a single floor with no stairs to climb. And it affords them access to certain amenities without having to leave the building. The law firm of Miller Thomson1 advises that condo corporations need to ... Read More »

Report wants less government control of alcohol in Ontario

One of the usual arguments given to justify Ontario’s system of regulating the sale of alcoholic beverages is that the LCBO and its privately-owned cousin The Beer Store bring in too much revenue for the government to give them up. That revenue amounted to more than $2 billion in 2013, so the argument seems plausible. A new report from the C. D. Howe institute, however, turns that argument on its head. The government would actually make more money from alcohol sales if it eased up on restrictions and allowed beer and wine to be sold in convenience and grocery stores. What’s more, consumers would pay less. It’s a win-win solution ... Read More »

Cement industry not impressed by wood proponents’ claims

The Cement Association of Canada (CAC) has taken another shot at the wood industry in Ontario, claiming that the Ontario government’s proposed building code amendments to allow the construction of mid-rise buildings made of wood will result in unsafe buildings. Taller wood buildings are not the answer to affordable housing, the CAC states in a release, and they are “simply not worth the risk.” Wood, the CAC reminds the government, is a combustible material. Ontario’s Ministry of Municipal Affairs and Housing has been considering amending the building code to allow wood as a primary construction material in buildings up to six storeys tall. Wood is currently limited to buildings of ... Read More »

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