Mortgage delinquency rate rising
Apparently slightly more Canadian homeowners are slipping behind in their mortgage obligations, perhaps a reflection of the higher consumer debt load.
Townhouses becoming rare in Vancouver
Despite high buyer demand and a record-setting home construction pace, new townhouses are becoming rare in the city of Vancouver.
Jeld-Wen opens new tri-pane window
Jeld-Wen Window and Doors will use the Western Retail Lumber Association (WRLA) 2020 Buying Show taking place in Calgary from January 22-24 to introduce its new line of windows, the Northern Tri-Pane Collection.
AI could help condo buyers
A Vancouver tech company says it has come up with an artificial intelligence (AI) platform that can help condo buyers and their real estate agents sift through years of condominium and strata corporation documents.
5,400 more construction jobs—more growth predicted
Canada’s construction industry added 5,400 jobs from October to November of 2019— but this may pale in comparison to potential job creation in 2020.
First-time buyers face challenging year
It will be difficult for first-time buyers to share in the expected housing recovery in 2020, according to Canada Mortgage News.
GTA housing demand will eclipse supply
Re/Max is bullish on the Greater Toronto Area (GTA) heading into 2020, forecasting a 6 per cent increase in average composite house prices from the $766,236 level of 2019.
MORE NEWS..
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.
ECONOMICS REPORT:
Don’t Stress the Stress Tests: Housing Starts to Remain Stable in “Lukewarm” Market.
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