2010 News Index
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Finalists Named For 2010 CHBA National SAM AwardsGTA REALTORS Report Monthly Resale Housing Figures for May 2010
According to a June 3, 2010 Marketwire report, the gap between listings and sales is widening in the Greater Toronto Area.
June 2010 Canadian Housing Industry Economic Update Now Online
Low inflation, no interest rate overkill and consumer spending are the positive messages in June’s Canadian Housing Industry Economic Update. Click heading to read the full report, in PDF format.
Resale Housing Forecast Revised
The Canadian Real Estate Association (CREA) has lowered its forecast for home sales via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations.
Winners Announced at Inaugural renOVATION Awards
The Greater Vancouver Home Builders’ Association (GVHBA) has announced the winners of its inaugural renOVATION Awards.
Second Quarter 2010 Edition of CHMC Housing Market Outlook
The Second Quarter 2010 edition of CMHC’s Housing Market Outlook - Canada is now available. The PDF document can be accessed by clicking on the heading.
BILD Honours Excellence
Development and Building Excellence Celebrated at BILD Awards.
From Learning Curves to Trades Training: Jon Eakes Online
Tool Talk’s Jon Eakes launches revamped website with more information for renovators, contractors, and consumers.
Online Registration now available for the 2010 Energy Star Participants’ Meeting
IA one day event bringing Participant organizations together with Natural Resources Canada’s ENERGY STAR team, to share information and experiences, brainstorm new ideas and build relationships.
Social Housing in Saskatchewan Being Renovated
REGINA, SK - The Government of Canada and the Province of Saskatchewan have announced $31 million in joint funding for improvements to more than 247 projects in 97 communities in southern locations of Saskatchewan.
Real Renos Host Jim Caruk Gets Hands-On With Homeowners
TORONTO, ON – The Build it Yourself Learning Center (BiY) opened to the public on May 1, 2010.
First Chinese Drywall Verdict Handed Down
A federal judge in New Orleans has ordered a Chinese manufacturer to pay seven Virginia families a total of $2.6 million for damages to their homes attributed to drywall problems.
Harmonized Sales Tax in Ontario
OTTAWA - In the 2009 Ontario Budget, the government announced a comprehensive tax package that includes moving to an HST at a rate of 13 per cent effective July 1, 2010.
BC Gets Ready for HST
BRITISH COLUMBIA - On July 1, 2010, the Provincial Sales Tax (PST) will be eliminated. A 7% B.C. rate will be added to the 5% Goods and Services Tax (GST) forming a combined HST of 12%, the lowest in Canada.
Durham Builders Recognize the Best in the Industry
OSHAWA, ON – For the second consecutive year, Brookfield Homes (Ontario) Ltd. captured the title of Builder of the Year (large volume builder) at the 2010 Awards of Excellence ceremonies presented by the Durham Region Home Builders’ Association (DRHBA) on April 17th at Tosca Banquet Centre in Oshawa.
2010 CMHC Residential Building Activity Report Now Available
OTTAWA - The 2010 edition of CMHC's CHS: Residential Building Activity - Dwelling Starts, Completions, Under Construction and Newly Completed and Unabsorbed Dwellings is now available. The document is in PDF format and can be accessed by clicking on the heading.
EcoEnergy Program Suspended in Surprise Decision
The popular ecoEnergy Retrofit Program will not be accepting new applications effective March 31, 2010, at midnight. This is a full year before the program is due to expire.
Conference Board of Canada Sees Growth Ahead
The Conference Board of Canada is projecting growth in demand, prices and profits in the Canadian residential construction sector.
Starts Continue Strong Upward Trend
The rate of new home construction surged higher in February, increasing by six per cent. The increase was led by strong gains in the Toronto market.
Builders Make Concerns Known Through Pulse Survey
The Winter 2010 Pulse Survey results were recently announced and they revealed builders’ concerns about consumer confidence have been replaced by worries over rising costs.
Ottawa Lays Out New Rules for Mortgages
The Federal government has unveiled new rules for mortgages which will come into effect in April of this year.
Altus Group Compares GTA and Calgary Condo Markets
The January edition of the Altus Group Housing Report suggests Calgary take a page out of Toronto’s book to power its rebound, and looks forward to 2010 with cautious optimism.
January New Home Starts Surge Higher
The Canada Mortgage and Housing Corporation is reporting a 5.3 per cent increase in starts for January, led by surges in British Columbia and Quebec.
ACT Grants Program Expanded
The Affordability and Choice Today (ACT) Initiative was recently expanded with 22 new grants totaling $99,700.
New US Housing Starts Fall in December
Housing starts in the United States were down four per cent in December. Single-family starts were the main source of weakness, falling 6.9 per cent.
Details of Saskatchewan Conference Announced
The upcoming Canada Mortgage and Housing Corporation’s Saskatchewan Housing Outlook Conference will focus on the outlook for the province’s housing market in 2010 and beyond.
December Altus Group Housing Report Shows Lagging Rental Market
January 15, 2010 - In their latest Housing Report, the Altus Group found rental unit vacancies are increasing in Canada, while investment in purpose-built rental units has declined.
December Housing Starts Surge Ahead
January 11, 2010 - The Canada Mortgage and Housing Corporation is reporting that housing starts were up again in December, this time rising 5.8 per cent from November.
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