Latest articles and insights from the construction industry
4 months ago
The 10th annual 1UP Conference gathered nearly 200 students to collaborate on innovative solutions for urban challenges, with a focus on transit development. Students worked on designing bus stops, streetcar platforms, and subway stations, culminating in the winning concept 'Platform of the Future.' The event aimed to empower youth and inspire the next generation of city builders.
4 months ago
The federal and Ontario governments have announced a significant investment to reduce development fees and enhance housing infrastructure. The plan involves a multi-billion dollar spending initiative over the next decade to support municipalities in cutting development charges and increasing home construction.
4 months ago
A recent report by Royal LePage forecasts an increase in median prices for vacation homes in Canada's recreational regions, with various provinces experiencing price hikes. The market is influenced by global affairs and changing buyer preferences, leading to a shift in demand patterns.
4 months ago
The Canadian housing market is experiencing a shift towards stabilization as housing demand levels off and price concessions are made to close deals before the year-end. The Bank of Canada's indication of stable interest rates is expected to boost activity in the coming year.
4 months ago
The Canadian Real Estate Association (CREA) has released its publication schedule for 2026, including monthly statistics and quarterly forecasts on specific dates throughout the year.
4 months ago
The Bank of Canada has decided to keep its policy rate stable as the economy shows signs of growth, driven by exports. However, uncertainties related to ongoing tariffs and unpredictable U.S. policies may impact future decisions. The next interest rate announcement is scheduled for January 28, 2026.
4 months ago
The Bank of Canada has decided to keep its policy rate stable as the economy shows signs of growth, driven by exports. However, uncertainties related to ongoing tariffs and U.S. policy decisions pose potential risks to the economic outlook.
4 months ago
Canadian home sales rebounded in October, with national sales increasing by 0.9% month-over-month. Despite a 1.1% year-over-year decline in the national average sale price, the market remains active as interest rates approach stimulative levels. The housing market is expected to continue its momentum into 2026, although economic uncertainties may temper the growth.
4 months ago
REALTOR.ca Canada Inc. has announced the appointment of Scott Neil as its new Chief Executive Officer, effective January 5, 2026. Neil brings over 20 years of experience in leading digital marketplaces and media platforms across North America and Europe.
4 months ago
The Bank of Canada has reduced its target for the overnight lending rate to 2.25%, citing a 1.6% contraction in Canada's economy in the second quarter of 2025. The decision reflects concerns over weak GDP growth, trade uncertainties, and challenges in key domestic sectors. The Bank anticipates inflation to remain near 2% through 2027 and plans to maintain the current policy rate unless economic conditions deteriorate significantly.
4 months ago
Canadian home sales in September 2025 saw a small decline in some regions but remained strong overall. The market is expected to pick up momentum in the coming months.
4 months ago
The Canadian housing market in 2025 saw a decrease in transactions compared to the previous year, with fluctuations throughout the year. Despite a decline in December, market experts anticipate a rise in sales as the spring approaches in 2026.