Halifax Developers Warn Of Higher Rents Due To Rising Prices Of Lumber And Materials
Jason Brunt, president of Clayton Developments Limited, says the huge markup in prices will mean higher rents when new apartment units are complete.
Housing
Construction Begins On ‘The Wellington’ In Saint John
The mixed-income apartment complex that will replace the demolished “Jelly Bean” buildings will have 48 units and ground-floor commercial space.
Halifax Population Grows By 9,000, Adds 17 New Companies During Pandemic
At the State of the Municipality address, hosted by the Halifax Chamber of Commerce, Mayor Mike Savage painted a picture of a growing city that’s navigated Covid-19 better than most of the rest of Canada.
Federal Funding Needed For Proposed St. Vincent’s Project
The proposed project would see the old high school on Cliff Street converted into a 60-unit residence. The renovations would lead to at least 30 affordable units, according to a plan presented to city council this week.
After 100 Years, Hazen Investments Says There’s Still A Strong Market For Affordable Apartments In Uptown Saint John
The longtime property owner has sold 20 buildings with 150 units to a company better known for high-end developments, Historica Developments.
iGenNB Bringing Intergenerational Living to Fredericton
Intergenerational living comes to Fredericton through iGenNB. The program will help reduce social isolation and provide young adults with free housing.
Funding Announced For Moncton Accessible Housing Complex
The federal government has announced funding for an affordable housing complex in Moncton aimed at adults with physical disabilities.
Fredericton Moving Towards High Density, But Not Without Tension
Downtown Fredericton is changing to accommodate a growing population, but not everyone is happy about the new developments.
Fredericton Council Advances 32-Unit Residential Development
Rezoning to permit the two and three-bedroom apartment building passed first and second reading at Fredericton City Council on Monday night. Those mid-to-high-end units are expected to rent for about $1,400 to $1,800 a month.
New Brunswick Had A Record-Breaking Month For Home Sales In May
Approximately $216.8 million in residential real estate traded hands in May – most of it in Moncton ($87.4 million), followed by Fredericton ($67.6 million) and Saint John ($48 million).
