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.






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…






homebuyer

A year of strong sales and record prices

In the GTA, 2015 was a year of strong sales for new homes and condominiums and a year of record-breaking prices.






Quantifying the costs of delays in new developments

The Ontario Association of Architects (OAA) recently released a report outlining the financial impact of the delays in site plan review on new home buyers, jobs and the local economy.






Government charges on new homes in the GTA

The issue of home affordability poses a significant challenge for new homebuyers in the GTA. A new study, released by the Building Industry and Land Development Association (BILD) today, shows that on average, government fees and charges amount to more than one-fifth of the cost of new home.