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2015 News Index

CHBA – Alberta Concerned by New Down Payment Requirements
Almost 70% of new single family homes sold so far this year were priced above $500,000 and in Calgary that proportion is above 85%.

CREA Updates Resale Housing Forecast
Since CREA’s last forecast published in September, housing markets in British Columbia and Ontario have strengthened further. 

Canadian Home Sales Climb Further In November
National home sales rose by 1.8% from October to November.

Statistics Canada: Residential Construction Investment, 3Q 2015
Total value of residential investment rose 3.3% to $31.9 billion in the 3rd quarter year-over-year.

Bank of Canada Maintaining Target at 1/2 Percent
Vulnerabilities in the household sector continue to edge higher while overall risks to financial stability are evolving as expected.

Will Canada's Cooling Housing Market Obliterate the Wealth Effect?
Canada's economy could lose a key pillar that's helped drive consumer confidence.

CHBA Lethbridge Region and Lethbridge College: Year Four - Building a Community Together
The fourth year of this unique partnership sees Empire Homes, a local custom home builder, proudly stepping up to lead the project for 2016.

TD Economics: Home Is Where The Wealth Is
Housing activity has directly accounted for more than a quarter of the increase in economic output since 2001.

CREA: Canadian Home Sales Rebound In October
The number of homes trading hands via MLS Systems of Canadian real estate Boards and Associations rose by 1.8 percent in October 2015 compared to September.

Home Builders Look Forward to Housing Policy Discussions with New Ministers
CHBA welcomed several new Ministers with housing-related portfolios.

Canada's Housing Market Faces a Looming Demographic Bubble
Who will be able to afford the pricey homes currently owned by disappearing boomers? An interesting article by Don Pittis, CBC News.

October 2015 Housing Starts in Canada
New condominium and rental starts continued to push the trend higher in October; rental starts across urban centers are poised to reach their highest level since 1992 due to low vacancy rates in recent years.

Statistics Canada: Building Permits: September 2015
Municipalities issued $7.1 billion worth of building permits in September, down 6.7% from the previous month. This was the second consecutive monthly decline. Lower construction intentions for residential buildings and commercial structures in Ontario largely explained the decline.

Another Record Month For New Low-Rise Home Prices In The GTA
The average price of new townhomes, semi-detached and detached homes in the GTA climbed to a record-setting $811,579, according to RealNet Canada Inc.

Halifax Seeks Study on Development Costs
Halifax Regional Municipality has issued a request for proposals for a consultant’s study to examine how it should calculate and collect infrastructure charges for new developments.

The Skyscraper of the Year
China wins Emporis Skyscraper Award for the first time

Canadian Home Sales Ease In September
National home sales declined by 2.1% from August to September.

John Meinen To Be Elected 49th President of OHBA
John most recently served as the association's 1st Vice President and has been a member of the Executive Committee since 2011. John has been a long-time advocate for the association and industry.

Canadian Home Sales Little Changed in August
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity posted a small month-over-month increase in August 2015.

CREA Updates Resale Housing Forecast
Since CREA's forecast published in June, the outlook for oil and other natural resource commodities has deteriorated. As a result, the economic and employment backdrop has dimmed for provinces whose prospects rely on their production.

Tarion Phasing in New Education Criteria
As of September 1, 2015, Tarion will begin phasing in new education criteria that all new builders will need to meet as a condition of their registration in Ontario.

Record-Setting Price Growth For New Homes In The GTA
Prices more than double that of 2005; new home buyers are being priced out of the market.

Fast Roofing Facts
The Asphalt Roofing Manufacturers Association (ARMA) has produced a new educational resource to help inform homeowners and the industry alike.

More than $60,000 raised by BILD members for Habitat for Humanity GTA
Habitat Week included BILD's annual Race for Humanity, Charity BBQ and Stephen's Ride for Humanity. Members came out in droves to support the cause.

Canadian Home Sales Edge Lower But Remain Strong In July
National home sales activity edged slightly lower on a month-over-month basis in July 2015.

Great Gulf Presents Wellspring Chinguacousy with a $200,000 Donation to Support People Living With Cancer


CHBA Actions Result in Canada Post Suspending $200 CMB Fee Indefinitely
CHBA action will have saved new home buyers over $120M, with savings continuing annually thereafter.

Growth in U.S. Residential Window Market to Continue into 2016
WDMA market study on key industry trends, forecasts overall residential window market growth of 6.2% for 2015 and 3.9% for 2016. 

Statistics Canada: Building Permits Update
Construction intentions in the residential sector increased 15.8% in June.

Ottawa Eyes Tougher Mortgage Rules
Ottawa eyes tougher new mortgage rules, larger down payments, to curb Canada's red hot housing market.

Builder Alert: Airtightness Survey
Participate in a survey about airtightness testing services across Canada.

Canadian Home Sales Edge Lower But Remain Strong In June
National home sales activity edged slightly lower on a month-over-month basis in June 2015.

Net Zero Homes Becoming Mainstream
Ground has just been broken on the last of a series of projects being built across the country to demonstrate that commercial home builders can build net-zero energy homes.

NKBA Industry Update
New report provides feedback from 640 kitchen and bath professionals.

Canadian Consumer Sentiment Reached a Five-week High
Canadian consumer sentiment reached a five-week High on reduced concern about the threat to home prices from an oil shock.

Top 10 Home Updates for Seniors
The Healthy Homes Renovation Tax Credit offers 15% of up to $10,000 back on eligible renovations.

CREA Updates Resale Housing Forecast
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service (MLS) Systems of Canadian real estate Boards and Associations for 2015 and 2016.

Canadian Home Sales Strengthen Further In May
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity posted a fourth consecutive month-over-month increase in May 2015.

Owens Corning Canada Selects AFA Forest Products Inc. as National Logistics Partner for Fiberglas Building Insulation
The exclusive agreement, effective immediately, applies to order solicitation and delivery for the Owens Corning LTL Fiberglas batts and Atticat blowing wool business.

12th Annual Avid Awards
Recognizing the best builder providing extraordinary customer service.

CHBA Partners with Avid Ratings for Market Survey
First-of-its-kind new survey data in more than 50 in-depth areas of home design, building features, buying preferences and demographics.

Get it in Writing!
Recent federal investment in this important initiative will help CHBA warn homeowners about the perils of dealing with cash operators, and direct them to professional renovators who provide contracts and receipts. A PDF of the Get it in Writing! Brochure is available at: www.hiringacontractor.com.

HomeStars: Year over Year Reno Stats
As the weather oh-so-slowly warms up, many homeowners begin the first steps in preparing their homes for spring. The most popular updates and renovations include clearing the gutters, roof repairs, exterior painting, decking building and landscaping.

Home Builders Welcome Senior Renovation Tax Credit and Transit Investment in Federal Budget
CHBA welcomed the introduction of the Home Accessibility Tax Credit and the Public Transit Fund as measures that it expects will help support affordability and choice in housing for Canadians.

Habitat for Humanity: Around the World in 80 days
Travelling from East to West, Habitat for Humanity Canada's Global Village program is building "Around the World in 80 days" to celebrate 10 years of serving families abroad.

Canadian Home Sales Climb In March
According to statistics released by CREA, national home sales activity was up on month-over-month basis in March 2015.

$55 Million Boost Will Attract More Apprentices to the Trades in Ontario
The newly formed Apprenticeship Enhancement fund will help bolster the training capacity of organizations that supply Ontario's construction workforce across every trade.

CREA Updates and Extends Resale Housing Forecast
The Canadian Real Estate Association has updated its forecast for home sales activity via the MLS Canadian real estate Boards and Associations for 2015 and extended it to 2016.

Canadian Home Sales Edge Up In February
The Canadian Real Estate Association reports national home sales activity edged up slightly on month-over-month basis in February 2015.

Canadian Home Sales Slip Further In January
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity was down on a month-over-month basis in January 2015.

ENERGY STAR Awards 2015
On-line submission tool is now open. All ENERGY STAR Participants are invited to submit their entries by March 17th.

CHBA Central Interior Celebrates 50 years
When originally founded in 1965 by Frank Hewlett and Gene Allgaier, the association was a small group of builders loosely formed to share ideas and mutual support through networking. Today it has grown to nearly 200 members.

EnerQuality Celebrates the 10th Anniversary of ENERGY STAR for New Homes
2015 marks the 10th anniversary of ENERGY STAR for New Homes (ESNH), the most successful green building program in Canada.

The Challenges of Specifying LEDs
The key challenge associated with LED lighting is rapid obsolescence.

Building Officials Discuss Six-Storey Wood Structures At Burlington Forum
The City of Burlington hosted the first official forum on mid-rise, wood-frame construction since the provincial government amended the Building Code to permit six-storey wood buildings in Ontario as of January 1, 2015. 

U.S. Residential Housing Starts Will Be on the Increase in 2015
PCA Forecasts Optimism, Positive Gains in U.S. Residential Housing for 2015 Market could see 20 percent increases during the next year

CREA: Canadian Home Sales Down In December
National home sales activity was down on a month-over-month basis in December 2014, according to The Canadian Real Estate Association.

U.S. States Ranked for Energy Efficiency
Massachusetts topped the American Council for an Energy-Efficient Economy's (ACEEE) list of most energy-efficient states for the fourth straight year.

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