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The Housing Market and Unintended Consequences

The just released new housing market data for February are both encouraging and discouraging. The data, provided by our official source of new home market intelligence Altus Group, shows record sales for the condominium market, especially in the 905 Region, and it shows an unprecedented scarcity of new housing inventory, particularly for low-rise homes.






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Recognizing excellence at annual renovation awards

With rising GTA real estate prices making it harder for people to move up, more and more homeowners are opting to renovate and get more out of their existing homes. The key to a successful renovation is planning and working with a professional.






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Our housing supply crisis would be worse without the OMB

The Ontario Municipal Board (OMB) is independent arbitration body that provides a public forum for appeals on local land-use planning matters and it is an important part of the checks and balances that make our land-use planning process fair, transparent and accountable.






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Record month for condo sales as low-rise inventory drops to unprecedented scarcity

February was a record breaking month for new condo apartment sales in the GTA, while the number of new low-rise homes available to buy reached unprecedented levels of scarcity.






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New forms of housing are stacking up

The GTA land development and home building industry is constantly innovating and looking for ways to meet housing demand and provide consumer with affordable housing options while still complying with provincially mandated Growth Plan density targets.






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Vote for the GTA’s project of the year

Every year, we recognize innovation and excellence in the land development and homebuilding industry through our annual BILD Awards program. In April we will present 50 awards to members who are raising the bar in the marketing, designing, planning and building of communities across the GTA.






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Government needs to recognize our housing supply problem

The provincial government recently promised action on skyrocketing hydro rates, now we need them to turn their attention to our housing supply crisis and resulting pricing challenges in the GTA.






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The GTA West Corridor is a much needed link

The GTA has experienced considerable growth in recent years and with it we’ve seen a huge increase in traffic congestion. The roads that move people and goods across the GTA haven’t been able to keep up with the increase of vehicles using them.






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Renovation grants offer savings to homeowners

There are numerous grants available to homeowners in the GTA to make their renovation easier financially.






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Outdated zoning bylaws act as barriers to intensification

Outdated zoning bylaws in municipalities across the GTA are contributing to our worsening housing supply shortage, further eroding choice for new home buyers and ultimately adding to the price growth of new homes.