storeys.com ‘Issue of the Year’ is part of STOREYS' annual editorial year-end series. You can find the rest of our 2024 selections here as they're released throughout the week.Once hailed as ‘king,’ condos (in particular, new condos) in Canada...| Storeys
Distressed real estate sales have spiked recently and there is a reason why most of it is development land, says Colliers' Jeremiah Shamess.| Storeys
In exchange for investing in financial incentives to drive development, the City of Toronto has been allocated $2.55 billion in low-cost financing by the federal government to speed up the delivery of 4,831 rental homes, including a minimum of 1,075 affordable rental homes. The funding comes from th...| Storeys
On Tuesday, Vaughan Mayor Steven Del Duca and Members of Council approved substantial reductions in development charge rates in the name of encouraging development and building more homes for their growing population.Before the reductions, Vaughan had some of the highest development charges in the G...| Storeys
On Wednesday, Mississauga City Council approved a motion from Mayor Carolyn Parrish to make housing more affordable by temporarily lowering development charges and reducing property taxes for new purpose-built rental housing.The incentives closely follow the release of a report from the Mayor's Hous...| Storeys
Ahead of the February 27 Ontario general election, the Ontario Real Estate Association (OREA) is calling on all political parties to prioritize tackling the Province's housing crisis by providing ten "bold" actions for improving housing affordability and consumer protection.The actions, released on ...| Storeys