Residential

Canada Mortgage and Housing Corp. says the annual pace of housing starts for October ticked up from September.

Home sales in Canada last month ticked up on an annual basis but fell 5.6 per cent compared with September as the Canadian Real Estate Association says both buyers and sellers appear to be holding off for the time being.

Taggart Group says its revised plan for 359 Kent St. now calls for a 27-storey highrise rather than the 30-storey tower it proposed earlier this year.

After refinancing hundreds of millions of dollars’ worth of mortgages earlier this year, Minto Apartment REIT says it is looking at refinancing other properties in an effort to reduce its debt.

Ottawa home sales fell 2.7 per cent last month compared with October 2022 as rising mortgage rates...

The federal government says it will build more than 2,800 homes on its properties in cities across the country, putting it on track to build nearly 30,000 homes on public lands over the next six years.

InterRent REIT said Wednesday 84 per cent of the suites in its 158-unit Slayte rental project on Albert Street were leased as of the end of October. That’s up from less than 50 per cent at the beginning of May, when interior construction of the building was still being completed.

The province has been saying it would remove its eight per cent portion of HST if the federal government dropped the five per cent goods and services tax on rental housing builds.

A new report by TD Economics predicts Canadian home sales and average prices will fall over the coming months but pick up by the second quarter next year.