Market healthy, not hyper After the hyperactivity of 2007, when there was a new condo project launched every three days and entire projects selling out in record time, condo industry guru Barry Lyon put the current condo market into perspective for a throng of industry insiders meeting under the auspices of BILD last week. The title of Lyon's presentation - "Return to Normalcy" - pretty much summed up the market message. However, he and his fellow panellists had lots more to say. Read More   Home builders' profits to decline again in 2008 Canadian builders can expect their second consecutive year of lower profits in 2008, as demand for new home construction weakens, according to the Conference Board's Canadian Industrial Outlook: Canada's Residential Construction Industry - Summer 2008. Read More   Distinctive design sets project apart; Development at prominent corner targets buyers who want to.. Empire Communities' new development, Fly Condos, aspires to become an architectural landmark in Toronto. "The intention is to create an icon right at what is going to become a predominant new downtown corner," says Christine Brennan, director of sales and marketing highrise for Empire Communities. Read More   Help for homebuyers; You Be The Pollster What's this talk about first-time homebuyers? Stephen Harper promised, if he is re-elected, he'll give first-time homebuyers a $5,000 tax credit towards the closing costs of a home they buy, new or old. Read More

More... Mortgage rules are a-changin' next month Albertans can make a run for the border Research and Markets: Homebuilding in Canada Study Features Leading Companies Aker Kvaerner Group,.. New Homes Warranty Act is no guarantee Lease-to-own housing plan leaves renters on the street Tarion unveils finalists New house prices continue slide: StatsCan Canadian housing starts rise in August Homeowners see rewards in specially designed homes that use less energy, water Home prices slow; HOUSING

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