A look back at summer’s end

As we enjoy this long weekend, let’s take a moment to look back at some of the more interesting issues that the building and development industry has been dealing with over the summer months.

Stephen’s Ride for Humanity 2013 – Rider Update

Attention all riders! In preparation for Stephen’s Ride for Humanity on September 22nd, please review the Road Rules and download the mandatory waiver which all riders are encouraged to complete in advance to ensure smooth check-in on Ride day. Waivers may be submitted in advance via email to tvasilev@bildgta.ca.

Renovation reveal: A wonderful space for Nicholas

Remember the 35-week contest BILD held with The Toronto Star last year? Out of more than 6,200 excellent entries, we named the Ferguson family as the winner of a $35,000 prize to put toward a new home or a renovation. Well, the four-week renovation project is complete and it’s a total transformation!

Building industry raises $36,000 toward affordable homes for low-income families

Greater Toronto, July 22, 2013 – Close to 600 builders, developers, sales and marketing professionals united recently to help the Building Industry and Land Development Association (BILD) raise more than $36,000 for Habitat for Humanity Toronto – BILD members have raised more than $570,000 for the charity since 2003.

New home sales continue to slide in June

Greater Toronto, July 18, 2013 – The GTA’s low-rise sector saw a brief rise in new home sales, but the momentum was not enough to resurge the market in June, the Building Industry and Land Development Association announced today.

A dynamic history of doing good

What we love most about our industry is its commitment to making the GTA a stronger and more vibrant place to live. We’re not just talking about building quality, complete communities across the region, but rather its dedication to giving back to communities through volunteerism, philanthropy and sponsorship.

Development charges increase will put burden on new home buyers

Affordability of a new home poses a significant challenge to new homebuyers in the City of Toronto. The cost of building a home is driven by a range of factors, one of which is government fees and charges, which in the City, amount to nearly one-fifth the cost of a new home.

New home sales remain low in May

Reduced affordability in the GTA’s new homes market continues to impair sales. According to RealNet Canada Inc., BILD’s official source for new home market intelligence, the 2,539 new home sales in May amounted to the lowest May on record. The decline was mainly driven by the low-rise market, which dropped to 33 per cent below the 10-year average – also…

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.

Low-rise sales continue to slide

Greater Toronto, May 24, 2013 – Consumer confidence in the GTA’s new homes market is still low as sales amounted to the third-worst April on record, the Building Industry and Land Development Association (BILD) announced today.