Housing in Canada

HomeQuest Unveils the Largest Home Buying Platform in the Country to Custom Design & Build Manufactured Homes

Retrieved on:

Thursday, July 22, 2021

Construction & Property, Residential Building & Real Estate, Sustainable building, Champion Homes, Housing in Canada, Housing in the United Kingdom, Manufactured housing, Tiny-house movement, Construction, Housing, Residential buildings

Southern California-based HomeQuest has launched the largest platform in the country to assist homebuyers in custom building a manufactured home.

Key Points:

Southern California-based HomeQuest has launched the largest platform in the country to assist homebuyers in custom building a manufactured home.
The innovative new platform allows homebuyers to explore the largest database of floorplans available to configure and custom build their ideal manufactured home that can be delivered anywhere in the U.S.
The platform currently features Tiny Homes and larger manufactured homes by Silvercrest, Redman Homes, Champion Homes, and Back Porch Homes, while others will be added soon.
The company also offers resale services of mobile and manufactured homes throughout the Western U.S. For more information, visit www.homequestsales.com .

Realtor.com® May Rental Report: U.S. Rental Prices Reach the Highest Level in Two Years

Retrieved on:

Wednesday, June 16, 2021

Affordable housing, Housing in the United States, Housing in Canada, Housing

The median rent is now increasing faster than the 3.2% growth seen in March 2020 before the onset of COVID.

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The median rent is now increasing faster than the 3.2% growth seen in March 2020 before the onset of COVID.
"Led by emerging tech markets and secondary cities, U.S. median rent prices reached the highest level seen in more than two years in May, surpassing pre-COVID levels.
In 38 of the 50 largest U.S. markets, May rents reached the highest level since March 2019.
With remote work driving the need for more space, two-bedroom rental prices continue to grow, rising an average of 8% year-over-year.

CPABC: Low housing supply and growing population pushing housing prices up across Vancouver Island

Retrieved on:

Tuesday, June 15, 2021

Housing in Canada

The regions population grew by 5.7 per cent between 2016 and 2020, averaging 6,641 new residents per year.

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The regions population grew by 5.7 per cent between 2016 and 2020, averaging 6,641 new residents per year.
In 2020, the region added nearly 3,800 residents from other parts of the province and 2,530 from other provinces.
Across Vancouver Island, the average single-family home sold for $661,100 in April 2021, up by 22.2 per cent compared to April 2020.
Housing prices have continued to increase in 2021 due to a mix of low supply, rock bottom interest rates, and growing demand for more space, concluded Hayes.

Federal Home Loan Bank of Chicago Announces Community First® Award Recipients

Retrieved on:

Friday, April 30, 2021

Mortgage industry of the United States, Housing, Housing in the United States, Euthenics, Affordable housing, Homelessness, Housing in Canada, Single room occupancy, Federal Home Loan Banks, Chicago, Geography of Illinois

Award recipients receive $10,000 to support a nonprofit organization of their choice and were celebrated at FHLBank Chicago\'s virtual member meetings held in April.

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Award recipients receive $10,000 to support a nonprofit organization of their choice and were celebrated at FHLBank Chicago\'s virtual member meetings held in April.
FHLBank Chicago is pleased to announce the recipients of our 2021 Community First Awards.\nThrough its Single Room Occupancy (SRO) program, Pillars rehabilitates blighted single-family homes to house formerly homeless individuals.
FHLBank Chicago is one of 11 Federal Home Loan Banks created by the Federal Home Loan Bank Act of 1932 as a government sponsored enterprise to support mortgage lending and community investment.
"Community First" is a registered trademark of the Federal Home Loan Bank of Chicago.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/federal-home-loan-bank-of-chicag...\n'

Foundation Communities Receives $1.5M to Build Austin Apartments

Retrieved on:

Thursday, April 8, 2021

Other Philanthropy, Construction & Property, Banking, Professional services, Philanthropy, Fund Raising, Foundation, Residential Building & Real Estate, Austin, Texas, Affordable housing, Articles, Cities in the United States, Economic geography, Housing in the United States, Housing in Canada, Public housing, Wells Fargo, the Federal Home Loan Bank of Dallas

Wells Fargo and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded $1.5 million in Affordable Housing Program (AHP) subsidies to Foundation Communities for two Austin apartment complexes serving low-income individuals and families.

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Wells Fargo and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded $1.5 million in Affordable Housing Program (AHP) subsidies to Foundation Communities for two Austin apartment complexes serving low-income individuals and families.
View the full release here: https://www.businesswire.com/news/home/20210408005916/en/
The $25 million Zilker Studios apartments will provide 100 rental units to single adults with high needs, low incomes and housing instability in central Austin.
(Photo: Business Wire)
The $25 million Zilker Studios apartments (formerly Armadillo Studios) will provide 100 rental units to single adults with high needs, low incomes and housing instability in central Austin while The Loretta, a $31 million project, will offer 137 units to low-income families and individuals in far north Austin.
AHP funds must be used to benefit households with incomes at or below 80 percent of the median income for the area.

Homelessness: AHF Says ‘L.A. Is a City That Doesn’t Work’ in New L.A. Times Ad

Retrieved on:

Saturday, March 13, 2021

The ad suggests swift, system-wide overhauls that could result in more effective and faster solutions to the ongoingand sadly increasingproblem.

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The ad suggests swift, system-wide overhauls that could result in more effective and faster solutions to the ongoingand sadly increasingproblem.
View the full release here: https://www.businesswire.com/news/home/20210313005026/en/
AHF ran the advocacy ad "L.A. Is a City That Doesn't Work" in the Sunday, March 14, 2021 edition of the Los Angeles Times.
Last week (Sunday, March 7, 2021) AHF ran another full-page Los Angeles Times ad celebrating its Healthy Housing Foundation ( HHF ).
Since 2017, AHF has purchased nine old SRO hotels and motels in Greater Los Angeles and created nearly 900 housing units.

Skyline Champion Announces Acquisition of ScotBilt Homes

Retrieved on:

Monday, March 1, 2021

Other Construction & Property, Residential Building & Real Estate, Construction & Property, Building Systems, Champion Homes, Housing in Canada, Housing in the United Kingdom, Housing, Excel Homes, Skyline, Ottawa, Economy of the United States, Skyline Champion Corporation, ScotBilt Homes

Champion Home Builders, a subsidiary of Skyline Champion Corporation (NYSE:SKY) (Skyline Champion), today acquired ScotBilt Homes, LLC from SHI Group Holdings, Inc. and related companies (collectively, ScotBilt Homes).

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Champion Home Builders, a subsidiary of Skyline Champion Corporation (NYSE:SKY) (Skyline Champion), today acquired ScotBilt Homes, LLC from SHI Group Holdings, Inc. and related companies (collectively, ScotBilt Homes).
We are excited to welcome ScotBilt Homes and its almost 400 employees to the Skyline Champion family, said Mark Yost, Skyline Champions President and Chief Executive Officer.
Sam Scott, owner of ScotBilt Homes commented, As a family-founded business, finding the right partner for the future of ScotBilt Homes was crucial to our employees, our suppliers and our incredibly loyal customers.
Skyline Champion builds homes under some of the most well-known brand names in the factory-built housing industry including Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Excel Homes, Homes of Merit, New Era, Redman Homes, Shore Park, Silvercrest, Titan Homes in the U.S., and Moduline and SRI Homes in western Canada.

Skyline Homes Is America’s Most Trusted Manufactured Home Builder

Retrieved on:

Monday, January 25, 2021

Architecture, Construction & Property, Engineering, Family, Chemicals, Plastics, Consumer, Manufacturing, Residential Building & Real Estate, Champion Homes, Housing in Canada, Housing in the United Kingdom, Housing, Manufactured housing, Economy of the United States, Excel Homes, Skyline, Ottawa, Construction

Skyline Homes is Americas most trusted manufactured home builder, according to the Lifestory Research 2021 Americas Most Trusted Manufactured Home Builder Brand Study .

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Skyline Homes is Americas most trusted manufactured home builder, according to the Lifestory Research 2021 Americas Most Trusted Manufactured Home Builder Brand Study .
Consumers actively shopping for new factory-built homes selected Skyline as the brand in which they have the highest confidence.
The study from Lifestory Research found that several of Skyline Champions brands Skyline Homes, Genesis Homes, and Champion Homes captured the top 3 spots in the national trust rankings.
Skyline Champion builds homes under some of the most well-known brand names in the factory-built housing industry including Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Excel Homes, Homes of Merit, New Era, Redman Homes, Shore Park, Silvercrest, Titan Homes in the U.S. and Moduline and SRI Homes in western Canada.

Greater Toronto Realtors® Urge City of Toronto to Make Housing Issues a Priority

Retrieved on:

Thursday, January 14, 2021

Economic inequality, Toronto, Articles, Affordable housing, Economy, Housing in Canada, Social programs

TORONTO, Jan. 14, 2021 (GLOBE NEWSWIRE) -- The Toronto Regional Real Estate Board (TRREB) is calling on Toronto City Councillors to ensure key housing issues take precedence as the Citys Budget Committee formally launches its 2021 budget setting process today.

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TORONTO, Jan. 14, 2021 (GLOBE NEWSWIRE) -- The Toronto Regional Real Estate Board (TRREB) is calling on Toronto City Councillors to ensure key housing issues take precedence as the Citys Budget Committee formally launches its 2021 budget setting process today.
With regard to housing supply, TRREB is urging City Council to closely examine budget initiatives that could help encourage the creation of more mid-density housing.
The best long-term solution to housing affordability is to increase the supply of available housing and to encourage a more balanced mix of housing types.
TRREB commends the City for initiating the process of expanding housing options in neighbourhoods currently limited to single and semi-detached housing.

Partnership to help create 5,000 new affordable homes across Canada

Retrieved on:

Friday, September 18, 2020

Affordable housing, Affordable housing in Canada, Housing in Canada, Articles, Economic geography, Economic inequality, Canada Mortgage and Housing Corporation, Affordable housing by country

Thanks toinvestments made by the Government of Canada and a unique partnership with the United Church of Canada, up to 5,000 new affordable housing units will be built across the country over the next 15 years.

Key Points:

Thanks toinvestments made by the Government of Canada and a unique partnership with the United Church of Canada, up to 5,000 new affordable housing units will be built across the country over the next 15 years.
The Affordable Housing Innovation Fund is a $200 million initiative through the National Housing Strategy that has been instrumental in creating the next generation of housing in Canada.
The goal of the Innovation Fund is to encourage new funding models and innovative building techniques in the affordable housing sector.
"Innovative approaches will help build more affordable housing in Canada, addressing the need we have across this country.