The City of Toronto is determined to get more purpose-built rental housing into the pipeline and off the ground, according to a new staff report that was revealed to the public on Wednesday. The report, called Build More Homes: Expanding Incentives for Purpose-Built Rental Housing, throws out some b...| Storeys
Despite constant calls to build, build, build and a recent boom in purpose-built rental (PBR) projects, the narrative is still the same: Ontario is not building rental units fast enough to meet rising demand."Without a significant improvement in the economic feasibility of building purpose-built ren...| Storeys
2024 was a remarkably tough year for new condos in the Greater Toronto and Hamilton Area — and anyone invested in them. This is evidenced by the fact that 14 condo projects were cancelled in 2024 alone, according to data provided to STOREYS by research and consultancy firm Urbanation. Those projects...| Storeys
Rental construction is having a “renaissance” in Canada, and we’re seeing that realized in starts, completions, and the uptake of multi-unit insurance products from CMHC.| STOREYS
