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…
Greater Toronto, May 22, 2013 – An extensive report advocating for an Ontario Building Code change that will result in the construction of safe, affordable homes for residents across the GTA was released earlier today by the Building Industry and Land Development Association (BILD), the Residential Construction Council of Ontario (RESCON) and the Canadian Wood Council.
Following the lead of a number of our members, BILD has entered into a partnership with the Toronto District School Board via a Construction Trades Exploration Program – a high-school co-operative education program that provides students interested in the construction industry with the opportunity to acquire valuable industry experience.
As the voice of the home building, land development and professional renovation industry and its consumers in the GTA, BILD has put together a list of 15 recommendations for Metrolinx as the agency moves forward with its investment strategy and its shortlist of revenue tools to fund its regional transportation plan.