Condo Developer Plans To Buy $1-billion Worth Of Single-family Houses In Canada For Rentals | THE GLOBE AND MAIL

February 15, 2021, by Vikram Barhat, May 25, 2021, by Daniel Wong Core Development Group Ltd., a Toronto condo developer is buying hundreds of detached houses in Ontario, with the plan of renting them and profiting on the housing crisis ripping across the country. They are targeting eight mid-sized cities in Ontario, and this year…

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Home construction sees biggest drop since pandemic hit | CNBC + Lumber mania | THE GLOBE AND MAIL

May 18, 2021, by Diana Olick, May 14, 2021, by Brent Jang The U.S. Census reported that Single-family housing starts dropped more than 13% in April compared with March, the sharpest decrease since last April, when the pandemic shut down the economy.  â€œI have to blame the difficulty in procuring lumber and other products, along…

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