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Monthly Archives: August 2015

Solar-powered luxury in The Maldives

Solar-powered luxury in The Maldives

Hedonism and environmental sensitivity are concepts, or lifestyles, that appear rather antagonistic. International tourism, one of the most common expressions of the hedonistic pursuit of pleasure, has a particularly poor record for environmental care. So it is encouraging to see a luxury resort with an environmental conscience, as it were, a Club Med resort, no… Continue Reading

What has coffee got to do with the price of real estate?

What has coffee got to do with the price of real estate?

When Burger King bought Tim Hortons late last year, the new entity became the third-largest fast-food chain in the world, with about 18,000 locations worldwide. Restaurant Brands International CEO Daniel Schwartz said at the time that Tim Hortons would become a household word all around the world, and people everywhere would now be able to… Continue Reading

Real estate issues turning up as election promises

Real estate issues turning up as election promises

Aside from the obvious political taint, the government’s election promise to increase the Home Buyers’ Plan withdrawal amount from $25,000 to $35,000 could be helpful to many Canadians. (The fact that it is an election promise only shows that the government doesn’t really want to do it.) The plan has been around since 1992 and… Continue Reading

Record new home price growth continues; what about mid-rise?

Record new home price growth continues; what about mid-rise?

When the real estate industry talks about Toronto’s housing market, it focuses almost entirely on sales numbers and prices, which are always going up. That’s good for the real estate industry, which is very happy with the way things are going just now. When the banks, mortgage companies and government agencies like Canada Mortgage and… Continue Reading

Housing market resilient but uneven, bank rate to rise: RBC

Housing market resilient but uneven, bank rate to rise: RBC

The latest housing market forecast from RBC reveals the bank’s sanguine attitude right off the top. Canada’s housing market is poised to post one of its best years on record in 2015. Market momentum at present is uneven—strong in Ontario and British Columbia, weaker in Alberta and Saskatchewan—but the future holds a cooling of the… Continue Reading

Want pedestrian traffic? Provide retail, and lots of windows.

Want pedestrian traffic? Provide retail, and lots of windows.

What makes a street pedestrian friendly, so that it attracts a lot of pedestrian traffic? Is it the diversity of the streetscape? The distance from the street to transit? The design of the street itself? Urban planners “presume” that streetscape features like these are important for active street life, but until now, according to a… Continue Reading

Canadian will take green building message to Singapore, Paris

Canadian will take green building message to Singapore, Paris

The Canadian who became head of the World Green Building Council on June 1, 2015 will make her first major international appearance in her new role as one of the keynote speakers at the upcoming International Green Building Conference in Singapore. Terri Wills, whose experience includes work with the Ontario Government, the Clinton Climate Initiative… Continue Reading

Other Popular Stories

Even with a dip in home sales, as markets adjust to new rules, new home pricing remains high due to low supply and “right sizing” dilemma

Even with a dip in home sales, as markets adjust to new rules, new home pricing remains high due to low supply and “right sizing” dilemma

Although some recent reports show a drop in actual resale sales — in the short-term dramatic double digit drops according to some brokers — prices are showing no sign of dropping on new homes.[1] The Building Industry and Land Development Association recently released data detailing rising costs for new detached and semi-detached homes, as well…

Living comfortably in 500 square feet or less; modular convertible multi-purpose furniture makes the difference

Living comfortably in 500 square feet or less; modular convertible multi-purpose furniture makes the difference

Size is relative. An object that is small to you may be quite large to another person, and vice versa. The same holds true for nearly everything. A relatively small space that leaves one person feeling claustrophobic can — with a little planning and some modular furniture (see videos below) —  be considered spacious and…

More Ontario rules: modest help for seniors and refugees and immigrating nominees

More Ontario rules: modest help for seniors and refugees and immigrating nominees

Ontario has recently introduced legislation geared toward homebuyers and seniors. If the legislation passes, it should make housing much more affordable — although the intended result isn’t always the same as the final outcome in a real market.     Aside from the 15% Non-Resident Speculation Tax (previously reported>>) for non-Canadian citizens, non-permanent residents, and non-Canadian…

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