market

New ground-oriented homes surpass $1 million

The average price of available new single-family ground-oriented homes in the GTA has now surpassed $1 million.






buildings

2016 a record year for GTA new high-rise sales

More than 35 million people now call Canada home, according to data released by Statistics Canada last week. That’s five per cent growth since 2011, when the population was 33.5 million, the highest rate of growth among G7 countries.






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.






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.






market

New home prices see slight decline in October

October saw a modest increase in supply and mix of new homes in the GTA, as well as a slight decrease in average prices.






highrise

High-rise sales on track for record, while prices of new homes continue to climb

Prices for all types of new homes in the GTA continue to set records while sales of new high-rise homes are on pace for an unprecedented year.






cranes

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.






workers2

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.






home-sales

GTA new detached homes eclipse $1 million mark

The average price of new detached homes in the Greater Toronto Area has surpassed $1 million for the first time.






buildigshow

GTA Market Update at The Buildings Show

The GTA new homes market is a tale of two markets: the low and high-rise markets. Each performs differently and has changed dramatically over the last decade. This was the topic discussed by a panel of BILD members at The Buildings Show on December 3.