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Last week, Mark Carney said the government will 'leverage innovative financing tools from Build Canada Homes to convert thousands of vacant condos into affordable homes.'
Property agents say there are 22,000 new homes in the capital which have not found a buyer, as demand for London flats collapses.
Residents of five - out of 14 planned residential buildings - will be moving in late this year. By 2019, the developers of Oakridge had sold $1 billion worth of luxury condo units,...
Bulk condo deals are often shrouded in NDAs, but the public, $1.3-billion fund backed partly by the Ontario government is converting condos to rentals — and has already exceeded it...
British Columbia Premier David Eby says a joint federal-provincial plan to convert unsold condominiums into affordable housing would be like buying something "on liquidation."
Let’s see at the condo, we have empty rooms. In fact, the whole condo is empty. Basically, we are decorating … Continue reading "Empty Rooms" The post Empty Rooms appeared first o...
“South Florida by the numbers” is a web feature that catalogues the most notable, quirky and surprising real estate statistics. Exactly one year ago, this column highlighted the t...
Escalating maintenance fees, aging buildings, strict occupancy rules, and high mortgage rates are squeezing middle-income buyers out of Honolulu's condo market. Can the city build...
Paul Fenske and Theo Finseth: Ottawa and B.C. want to buy 2,200 empty condos and turn them into rent-to-own homes. It could be a bailout — or one of the biggest affordable-housing...
Florida has 199,495 identifiable vacant single-family homes in DealMachine's database right now. Of those, 155,013 are also absentee-owned. That means 78% of Florida's vacant homes...
Underuse is a chronic challenge in federal buildings – making many ripe for resale and redevelopment into housing, office, or retail space. But efforts are running up against burea...
E11even Partners and PMG completed their first E11even-branded condo tower, and have recorded nearly all of the unit closings, according to The Real Deal’s analysis of property rec...
Landlords argue that the math simply doesn't add up on renovating some vacant stabilized apartments. The new tally constitutes about 6% of the city’s roughly 1 million re...
While national corporate spaces sit empty, Miami's commercial surge is spilling directly into high-end residential real estate buying.
Around 14.5 million houses sit empty, but shockingly few are actually available for sale to interested buyers.
China built millions of new homes before people were ready to move into them. Many stayed empty for...
The 12-story beachfront condo building collapsed in June 2021
The building called 'The Clifton' will have 12 floors and 18 luxury units overlooking Edmonton's river valley, with prices ranging from $2.7 million to nearly $9.5 million.
South Florida developers knocked out a combined $115 million in construction loans for Miami condo towers that are nearly sold out, as the demand for hospitality-branded residences...
A government plan to buy empty condominiums and turn them into affordable housing in British Columbia might be more about stabilizing the financial sector than housing, an urban pl...
The "Condo King" is building apartments now. Brad Lamb on Toronto's empty condo pipeline, vanishing supply and his bet on rental housing. The post Toronto broker and developer Brad...
When Adam Pelissero first walked through the doors of 50 Torbolton Drive, it had been boarded up for a decade. Chairs and carpets were what remained of the townhome complex’s previ...
Nearly a decade ago, Argentinian grocery store mogul German Coto unveiled the multimillion-dollar sales center for his family’s Aston Martin Residences condo tower in downtown Miam...
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Developers Set A Record For Completed & Unsold New Homes Canadian real estate developers are...
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