October 21, 2022

29-Storey Residential Building Has Been Approved for Midtown… With Some Changes

Developers have big plans for Toronto’s Midtown. In September alone, the City received no shortage of major development proposals — some leaning mixed-use, others decidedly family-friendly, and all promising to add density to the rapidly growing area. And now, a forthcoming development is ticking all those boxes and more… albeit, two applications later. In April 2022, a revised proposal...

Housing Construction Down 5% Across Canada’s Largest Cities, “Mixed” in Individual Markets

In contrast to hearty construction activity in 2021, housing starts across Canada’s largest cities saw a 5% decline in the first half of this year. Apartment construction, which fell 9%, was to blame for the overall decline. This is according to the latest Housing Supply Report from the Canada Mortgage and Housing Corporation (CMHC) — a deep dive into housing construction trends, costs, and...

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