Profitability a primary concern for home builders in current climate
March 28, 2023 — Builder profitability is a key concern highlighted by the 2023 State of the Residential Construction Industry … Read more
Canada
Ontario budget shows lower projections for new home construction
March 24, 2023, Ontario – Projections in Ontario’s budget for housing starts show the province’s target to build 1.5 million … Read more
Ontario investing millions into trades skill development
March 24, 2023, Ontario – The 2023 Ontario Budget announced millions in funding towards trades development. “Ontario needs more skilled … Read more
CMHC says annual rate of housing starts climbed 13 per cent in February
March 20, 2023, Canada – Canada Mortgage and Housing Corp. says the annual pace of housing starts climbed 13 per … Read more
RenoAssistance gaining ground in Ontario
March 22, 2023, Ottawa – Two-thirds of Ontario homeowners intend to undertake at least $5,000 worth of renovations or maintenance … Read more
Ontario cities commit to province’s housing pledge
In Ontario, Vaughan, Kitchener, Richmond Hill, and Whitby are all pledging to the province’s housing initiative, which aims to achieve … Read more
Indigenous communities leading Canada’s clean energy boom
In Saskatchewan, Cowessess’ $21-million Awasis solar project connects to Saskatchewan’s electricity grid and is capable of powering 2,500 homes annually, … Read more
Canada launches the Housing Accelerator Fund
Prime Minister Justin Trudeau announced the Housing Accelerator Fund (HAF), a $4 billion initiative that will provide funding for local … Read more
TREX forecasts 2023 outdoor living trends
According to the real estate website Zillow, a functional outdoor space is the most sought-after amenity among today’s homebuyers. For … Read more
Board of health calls for Ontario to upgrade to building code ventilation standards
An Ontario board of health is asking the province to amend the building code to mandate higher standards for ventilation, … Read more
Canadian home sales drop 40 per cent in February compared with year ago
February’s home sales plummeted 40 per cent from a year ago to levels not seen since before the pandemic as … Read more
Residential builders welcome proposed work plan to tackle Toronto’s housing crisis
The Residential Construction Council of Ontario (RESCON) welcomes the new work plan that has been drafted by City of Toronto … Read more