Canada's Condominium Magazine

Monthly Archives: April 2016

Competition Tribunal finds Toronto Real Estate Board anti-competitive

Competition Tribunal finds Toronto Real Estate Board anti-competitive

Protecting consumers’ privacy or acting with “malice and forethought” to stifle competition? Helping consumers get the best available information, or hindering them from doing so? Fostering industry best practices or standing in the way of them? Canada’s Competition Tribunal has at last ruled on a long-simmering dispute between the Commissioner of Competition and the Toronto… Continue Reading

Tridel named Home Builder of the Year and Green Builder of the Year

Tridel named Home Builder of the Year and Green Builder of the Year

Tridel has been honoured by the Greater Toronto Area building industry, receiving several prestigious awards, including Home Builder of the Year. For the first time, the Building Industry and Land Development Association (BILD) gave its top award to a mid/high-rise builder, Tridel, and a low-rise builder, Great Gulf Homes. The Home Builder of the Year… Continue Reading

CMHC concerned about overvaluation, overbuilding in Canada's housing markets

CMHC concerned about overvaluation, overbuilding in Canada's housing markets

Every discussion of the housing market in Canada inevitably distinguishes between the Toronto-Vancouver reality and the rest of the country. Housing prices are famously higher in Vancouver than anywhere else in Canada, followed by Toronto. Prices rise faster in Vancouver than anywhere else, followed by Toronto. But Toronto is considered a less balanced market than… Continue Reading

CMHC concerned about overvaluation, overbuilding in Canada’s housing markets

CMHC concerned about overvaluation, overbuilding in Canada’s housing markets

Every discussion of the housing market in Canada inevitably distinguishes between the Toronto-Vancouver reality and the rest of the country. Housing prices are famously higher in Vancouver than anywhere else in Canada, followed by Toronto. Prices rise faster in Vancouver than anywhere else, followed by Toronto. But Toronto is considered a less balanced market than… Continue Reading

Charge cell phones on house plants: start-up creates electricity from photosynthesis

Charge cell phones on house plants: start-up creates electricity from photosynthesis

If photosynthesis is powerful enough to grow a tree 300 feet tall, can it also power a cell phone charger? Yes, it can, say some university student/entrepreneurs from Spain whose company, Arkyne Technologies, specializes in renewable energy. Using the brand name Bioo, the Spaniards are currently raising money via Indiegogo to finance development of their… Continue Reading

Few millennials are ready to buy, but the housing market does not wait: BMO

Few millennials are ready to buy, but the housing market does not wait: BMO

Everyone is interested in what the millennial generation is thinking because millennials make up the largest demographic. It’s estimated that there are approximately 80 million of this generation, aged (loosely) 19–35, in the US. That means roughly 8 million in Canada. They are always in the news, and always being surveyed for their views on… Continue Reading

Office condo market "taking off" in Toronto: Colliers International

Office condo market "taking off" in Toronto: Colliers International

It used to be that office condos were relatively scarce, mainly used by suburban medical doctors, clinics and labs.  Today, with commercial real estate experiencing strong capital appreciation and interest rates low, there is growing demand for office condos, presenting a good opportunity for developers to build more of them, according to a report by… Continue Reading

Office condo market “taking off” in Toronto: Colliers International

Office condo market “taking off” in Toronto: Colliers International

It used to be that office condos were relatively scarce, mainly used by suburban medical doctors, clinics and labs.  Today, with commercial real estate experiencing strong capital appreciation and interest rates low, there is growing demand for office condos, presenting a good opportunity for developers to build more of them, according to a report by… Continue Reading

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