Home price index hit 22-year high in October
In October 2020, the Teranet-National Bank National Composite House Price Index was up 1.3 per cent from September—the strongest gain for the month of October in the 22 years of the composite index.
Pandemic could upend open-plan home design
Open floor plans have been a go-to new home design for some years but they could be among the victims of pandemic-induced changes in home trends according to experts, who also see a rise in touchless technology and bronze and copper surfaces if the virus threat continues.
New townhouses lock-in rental suites
Secondary rental suites in detached houses are not new, but a Vancouver developer has moved the concept into the new townhouse market.
City charges jack home prices higher: C.D. Howe
Civic fees and taxes are a main reason why new home prices are so high in Canada’s big cities, according to the C.D. Howe Institute.
Condo investors exit Toronto pre-sales
A substantial number of pre-sale condo investors in Toronto are apparently trying to get out of their purchase, as declining rents and stricter lending rules upend the market.
Vancouver home sales stun skeptics
October Metro Vancouver total housing sales soared 29 per cent from October 2019 and prices jumped 6 per cent year-over-year to defy consistent predictions of a pandemic-induced collapse.
Saskatchewan embraces RenoMark
The Saskatoon & Region Home Builders’ Association (SRHBA) has partnered with the Saskatchewan New Home Warranty Program to join the Certified Professional RenoMark Renovator (CPRR) designation program.
Quebec launches “green” insulation spray
Huntsman Building Solutions, a six-month old company in Boisbriand, Quebec, has rolled out a “coast-to-coast” road show to showcase what it claims is a new spray-on insulation “with a zero-ozone depletion potential.”
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CURRENT ISSUE
Drones Top Roofing Tool
Flying eyes can improve safety and give birds-eye view for repairs.
Attack on Demand
Governments are gutting Canada’s housing market by stifling demand and stalling supply.
Market Report: Quebec Steps Up
La belle province has its housing groove back.
Renovator profile:
Design, build and keep the
HAMMERDOWN
Despite government disruptions home builders delivered 200,000 new homes and more than one million jobs in 2017.
TOOL TALK: Renovation
is Outpacing
New Construction
One characteristic of renovation is that contractors are more a jack of all
trades, using a wider variety of tools than new construction workers and
often dabbling in fields that are not their speciality.
COMMON CENTS CONSTRUCTION:
Future-Proofing the Home Building Industry.
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