housekeys

Governments need to address the GTA’s housing supply crunch

We have a shortage of housing supply in the GTA that is approaching crisis levels and it’s time for governments to acknowledge the problem and take action to address it.






market

Record year for the GTA new homes market

In the GTA new homes market, 2016 was a record setting year for low inventory, high prices and high-rise condo sales.






Massey

Bringing new life to old space

As we build to the Province’s intensification policies more development is occurring in existing GTA communities and more heritage buildings are being integrated into new developments.






winter-construction

Conquering your winter renovation

Winter might seem like an unusual time to undertake a renovation but with the right knowledge and a bit of preparation it can be a great time to add value to your home.






market

Housing prices continue to grow as supply trends downwards

Lack of new housing supply continues to escalate prices and average prices for both new single-family detached houses and high-rise condos in the GTA reached unprecedented levels in November.






workers

Building cities, creating jobs

The building, development and renovation industry builds homes and cities which creates jobs and provides employment for thousands of GTA residents.






home-sales

The rising cost of constrained housing supply

The shortage of housing supply in the GTA and Vancouver is getting more and more attention as prices continue to climb.






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…






160125_Heartwood

Mid-rise made possible with wood construction in the GTA

A new type of building is coming to the GTA; the first six-storey wood residential projects are just months away from construction. Mid-rise buildings, which are generally five to 11 storeys, are an important built form for the future growth of the region and the home building and land development industry wants to construct more of them. Building them is…






charts

GTA new-home sales off to a slow start in January

2016 is off to a slow start in the new home building and development industry. Following one of the biggest years ever for new homes in the GTA, in January sales of new homes were down, prices were mostly flat and new inventory was limited.