Teagan has covered Toronto, GTA, and Ontario cottage country real estate. Before coming to STOREYS as a staff writer, she was a freelance writer for Toronto Life and Cottage Life.
In their January housing starts report, CMHC takes a look at the past year in housing starts and a lacklustre December.In 2024, actual housing starts in Canada, including urban and rural, were up 2% compared to 2023. This totalled 245,120 home construction starts, driven mostly by "historically high rental construction levels and overall increased starts in Alberta, Québec, and the Atlantic provinces.
But across the country's six largest cities, where population is growing the fastest and housing is most needed, housing starts fell 3% year over year. The drop was largely due to a lack of multi-unit starts in Vancouver, Toronto, and Ottawa, which saw low pre-construction condominium sales. The converse was true for Calgary, Edmonton, and Montréal, where multi-unit rental starts were relatively strong.
The Bassano master-planned community by Boffo Developments is located at Springer Avenue and Lougheed Highway near Holdom Station in Burnaby.Fitzrovia Seeks More Height For Final Phase Of Milestone Purpose-Built Rental Development More than a year after breaking ground on the first phase of their master-planned rental development in Danforth Village, Fitzrovia has submitted revised plans for its final phase, which would bring the proposed storey count from 17 up to 56.
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