Return to normal is the new normal for Toronto condo market, says Urbanation's Q2, 2008 report Toronto condominium market remains solid despite the U.S. housing crisis, according to a Report released today by Urbanation (www.urbanation.ca). At the end of Q2/08, Toronto's condominium market returned to a more historically 'normal' level of activity after the 2007 boom. Although supply and demand indicators still point to a 'seller's' market, both pricing and sales in 2008 have slowed to a more sustainable level from last year's record pace, according to the Urbanation Report. Said... Read More Read More

Is the Canada Line Zoned for Success? The new Canada Line could spur considerable residential real estate market activity around its stations if local governments make supportive land use decisions and market conditions are favourable. Landcor Data Corporation's new report, Lessons from Expo 86 for the 2010 Winter Games, evaluates the potential for residential development around the Canada Line being built in time for the 2010 Winter Games, by comparing what happened during Expo 86, another international event held in Vancouver... Read More Read More   Household credit softening CIBC World Market says ''we are at the early stages of a softening trend'' in the pace of growth in overall household credit in Canada -- although the investment firm notes there has been double-digit growth in both mortgage and non-mortgage credit. Read More Read More   Economic party's dying down; Alberta boom is giving way to slower housing starts, reduced home... Last week, Alberta Finance Minister Iris Evans was trying to douse the flames and cool the jets. "We don't have to be going full-speed-ahead all the time," Ed Stelmach's money ma'am said, responding to projections that the province likely won't be the Canadian economic hot spot next year. "... Like gangbusters," she shrugged. Especially when our existing economy is already "head and shoulders above the rest," she said, and provinces like Saskatchewan and Manitoba have a lot of catching up to... Read More Read More   Building homes - and dreams - in ALBERTA; Provincial newcomer Bonneville Homes eager to fill an... In 1961, Paul-Emile Bonneville quit the asbestos industry in Thetford Mines in south-central Quebec and eventually became a mobile home company sales representative. The unacceptable delays and inadequate quality standards of companies producing the houses at the time prompted the one-time miner to launch his own pre-engineered construction factory, and thus Bonneville Homes was born. Read More Read More

More... Positive outlook for home builders in region How slow can you go?; CMHC says Alberta expected to have largest decline in housing starts at more. Housing market cools, new home starts drop How slow can you go?; CMHC says Alberta expected to have largest decline in housing starts at more.

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