housekeys

Governments need to address the GTA’s housing supply crunch

We have a shortage of housing supply in the GTA that is approaching crisis levels and it’s time for governments to acknowledge the problem and take action to address it.






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.






Massey

Bringing new life to old space

As we build to the Province’s intensification policies more development is occurring in existing GTA communities and more heritage buildings are being integrated into new developments.






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.






torontocityhall

Outdated zoning bylaws act as barriers to intensification

Outdated zoning bylaws in municipalities across the GTA are contributing to our worsening housing supply shortage, further eroding choice for new home buyers and ultimately adding to the price growth of new homes.






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.






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.






building

Designing barrier-free buildings

More and more residential and commercial buildings in the GTA are being designed to be accessible and barrier-free.






home-sales

New home sales and prices back on track in February

Sales and prices of new homes in the GTA in February are back on track after a slow January.






homebuyer

New and resale homes combine for record year but supply still an issue

Sales of new and resale homes and condominiums across the GTA combined for a new record high in 2015, the Toronto Real Estate Board’s (TREB) Director of Market Analysis Jason Mercer told industry professionals at the annual LandPRO Conference held March 2.