market

GTA new housing supply crisis continues to shatter market records

In March, the GTA’s housing supply challenges resulted in record smashing prices, continued unprecedented inventory scarcity, and a never seen before level of new condo apartments sales.






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Mid-rise housing can help ease supply challenges

Building more mid-rise housing is one of the potential solutions being talked about to help ease our housing supply challenges in the GTA.






cranes

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.






buildings

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.






market

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.






townhomes

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.






DJI_0006-E

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.






housekeys

We are all paying the price for the GTA’s lack of shovel-ready land

The affordability of housing in the GTA is complicated and while many things have brought us to our current record high prices, no one should say that the Province’s growth policies are not contributing to the problem.






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Our neighbourhoods are intensifying as the GTA grows up and not out

Across the GTA our neighbourhoods are intensifying and it’s affecting all of us.






housekeys

Industry innovation gives a boost to affordability

As an industry, we continue to innovate and develop ways of building homes that provide consumers with affordable new housing choices.