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Sales of new high-rise homes boom while low-rise inventory continues to shrink

Sales of new high-rise homes surged in May while low-rise inventory fell to a new record low.






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GTA builders go beyond borders

Most of the companies building homes and developing land in the GTA are locally-owned and operated businesses. They are based here and have their head offices here. The owners not only invest in the GTA and employ people who live, work and play here, but they themselves live here and call this region home.






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Building industry creates jobs and drives economy

The building, development and professional renovation industry is one of the largest employers in the GTA, creating thousands of jobs every year.






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Transit needs development to be viable

Everyone is on board with building more transit in the GTA but it must be planned and delivered so that we maximize the return on our public investment for decades to come. The question is: how do we do that?






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Record low supply, high prices for new homes in the GTA

April was another record-breaking month for the GTA’s new homes market. Low-rise inventory levels dropped to an all-time low while prices hit new highs.






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Restrictive land use policies impact housing prices

Last week the provincial government proposed policy changes that will significantly increase intensification across the GTA and mean more high-rise condos, more congestion, less housing choice and higher housing prices.






renomark

Where to turn for renovation advice

If you’re thinking of selling a home or purchasing another one, for many people that’s when a conversation about renovating begins.






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Celebrating excellence at annual BILD Awards

Our industry recently celebrated the many city builders whose projects, designs and campaigns are not only providing new homes but working to grow and improve our communities in the GTA.






tridel

BILD Awards winners revealed

A complete list of winners from the 36th annual BILD Awards






housekeys

What does a new detached home cost in the GTA?

The average price of a new detached home in the GTA now exceeds $1 million. This is a significant threshold that a lot of people won’t be able to meet and it’s largely happening because there aren’t enough homes out there to satisfy demand. We’ve all seen signs of demand outpacing supply; lineups in the winter to get into new…