160125_Heartwood

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.






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Recognizing excellence at annual renovation awards

With rising GTA real estate prices making it harder for people to move up, more and more homeowners are opting to renovate and get more out of their existing homes. The key to a successful renovation is planning and working with a professional.






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

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

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.






housekeys

Building industry hosts affordable housing forum

The inadequate supply of affordable housing is a massive and growing problem in the GTA, and one that governments at all levels are actively working to address.






home-sales

Restrictive land use policies impact housing prices

Last week the provincial government proposed policy changes that will significantly increase intensification across the GTA and mean more high-rise condos, more congestion, less housing choice and higher housing prices.






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.