Tag: real estate development
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This Toronto Condo Project Sold 75% Of Units While Others Are Being Cancelled
As Toronto’s condo market continues to struggle with weak sales, project cancellations, and growing inventory, one developer has managed to do what many others currently can’t: secure enough buyers to start construction. Developer Canderel officially broke ground this week on Forêt Forest Hill, a three-tower condominium development at the corner of Bathurst Street and St.…
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Ontario introduces new planning rules to create a “long-term building boom”
The Ontario government has announced new planning rules to address the province’s housing shortage, aiming to spur a “long-term building boom.” Housing Minister Paul Calandra introduced the new provincial planning statement at the Association of Municipalities of Ontario conference, emphasizing the need for a consistent approach to urban planning across the province. The goal is…
Canada Housing Market 