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Sunday , 26 March 2017

Monthly Archives: June 2015

Toronto BIM session declared a success, adoption still lagging

How does construction management software mitigate project risk? What are the benefits of visualization technologies in explaining architectural design to clients? How is facility management adapting to the world of digital business and smart connected products? How can 3D printing be used to test designs and other aspects of production in future manufacturing/fabrication scenarios? These are just a few of the intriguing questions that were dealt with at last week’s Building Information Management (BIM) conference in Toronto, hosted by the Canada BIM Council, or CanBIM. The event was a big success, CanBIM reports, with “record-breaking attendance” and an impressive roster of presenters, panelists and exhibitors. Siamik Hariri of Hariri Pontarini Architects ... Read More »

New evidence cleaning products pollute indoor air

The marketing message on the product label says one thing—Fresh Orange, Meadows and Rain, Summer Citrus—but the chemical formulas used to create those lovely scents say something much less healthy and appealing. You may believe that the disinfecting liquid that makes your bathroom smell like a meadow in spring rain is doing a fine job of making your bathroom clean and safe, but that clean and fresh scent you enjoy could be making you sick. The culprit: volatile organic compounds, or VOCs. A new study by the advocacy group Environmental Defence (ED) says it has clear evidence that most cleaning products available to Canadians at the supermarket, both the conventional ... Read More »

Many Canadians made extra mortgage payments to reduce debt

People who make extra mortgage payments throughout the year in order to pay the mortgage down sooner are more likely to reach their goal of being debt free. According to a new online survey by Manulife Bank of Canada, quite a few Canadians with mortgages—40 per cent—either did make extra payments in the past year or they increased the amount of their regular payments. They paid an impressive $6,300 extra on their mortgages, on average. As a result, more than half of homeowners (56 per cent) reduced their debt in that time. That’s an increase of 5 per cent over the number who did so a year ago. Most of ... Read More »

More record sales in June housing market

Homebuyers have continued to be extremely active in Toronto’s resale real estate market during the first half of June, but average prices in some categories were down compared to one month ago. The Toronto Real Estate Board (TREB) reports that 5,661 home sales took place between June 1 and June 14. This was an increase of 15.7 per cent compared to the same period last year and represents a record pace of sales for the period. The year 2015 could set a new record for sales if this pace continues. As is now the norm in this market, the strongest sales growth was in the condo sector. In the city ... Read More »

Canada’s rental vacancy rate stable: CMHC

Rental vacancy rates in purpose-built apartment buildings are “stable,” though they are down in some parts of Canada, including Ontario and the GTA, and up in others, notably Calgary and Saskatoon, according to the Canada Mortgage and Housing Corporation (CMHC) Spring Rental Market Survey, just released. In the thirty-five major centres the report covers, the average vacancy rate for purpose-built apartments is higher (2.9 per cent) than one year ago, but that difference is not statistically significant, the corporation says. However, in Ontario, and particularly in the GTA, the vacancy rate has fallen, from a provincial average of 2.8 per cent in April 2014 to 2.5 per cent in April ... Read More »

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