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January 18-21, 2024 |
Recent figures released by the Canadian Real Estate Association (CREA) show national home sales declined 5.6 per cent on a month-over-month basis in October 2023. 
50% of respondents said that their financial situation was impacted by the rise in mortgage interest rates. This jumps to 74% when including those who anticipate being impacted soon. |
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The government of British Columbia has planned legislation to speed up delivery of homes and mandate very high density near transit hubs. 
The Canadian Construction Association (CCA) supports the federal government’s new immigration plan which recognizes that immigration levels need to be matched to labour needs—including those of the construction sector.
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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