RENXHomes

1 week ago | renxhomes.ca | Tyler Choi |John Dujay

Built Prefab buys Lake Country Modular to expand catalogue of homes After focusing on higher-end housing, acquisition expands catalogue to lower-priced models and into multifamily sector Business editor The two-storey Shannon model designed by Lake Country. (Courtesy Built Prefab)Kelowna, B.C.-based modular housing company Built Prefab has acquired another local firm, Lake Country Modular Homes, to increase its catalogue of prebuilt offerings and expand into multifamily housing.

2 weeks ago | renxhomes.ca | Tyler Choi |Evan Duggan

Highstreet Village in Abbotsford, B.C., by developer AB Wall. (Courtesy AB Wall)The developer of a large residential community in Abbotsford, B.C. says nearly 80 per cent of the construction materials and installations for the project are being sourced locally or in Canada, a figure most others in the industry should be able to match. A series of tariffs instituted by the U.S. have gone into effect, with additional tariffs being threatened.

2 weeks ago | renxhomes.ca | Tyler Choi

UPDATED: Uncertainty over U.S. tariffs weighed heavily over the Bank of Canada’s decision to hold the country's overnight interest rate at 2.75 per cent, as the real estate sector keeps a close watch on the rapidly shifting economic situation. Signs of a slowing economy due to hostile economic policies of the U.S. and raised inflation expectations led Canada’s central bank to its decision. “A lot has happened since our March decision five weeks ago.

2 months ago | renxhomes.ca | Barbara Lawlor |John Dujay |Tyler Choi

The short answer to the question of whether there is a solution to our housing affordability situation is: Yes. The longer and more complicated answer is also yes: IF all three levels of government work together to help solve this crisis. Although the public and the media tend to blame this situation on homebuilders, this accusation is misplaced. Builders want to build more homes more quickly, but their hands are often tied by intricate networks of red tape.

2 months ago | renxhomes.ca | Tyler Choi |John Dujay

A 26.4-acre property in Oakville, Ont. called a coveted “trophy asset” has been bought by Argo Development Corporation, where it plans to build low- and mid-rise housing. Purchased for $33 million, 1303 Dundas St. W. is proposed to have 108 townhomes and 34 single-detached homes. A portion of the site is set for mid-rise housing in three acres of future development blocks, according to an urban design brief document. Further details such as the height and number of units are yet to be determined.