Low-rise pricing reaches new heights

The supply of new low-rise housing dropped to record low levels in March, driving the prices to a record high.

Canadians struggle to afford a new home

A recent column in the Globe and Mail has elevated debate on the effectiveness of “smart growth” policies, highlighting the eroding abilities of millennials to afford a new home in Canada due to rising prices.

Strong new-home sales fuel job growth

Sales of new homes and condominiums in the GTA reached nearly 40,000 last year, creating thousands of new jobs and paving the way for job retention for years to come.

Economic impact of new condos

The residential construction industry is a major economic engine in the regional, provincial and federal economy, and is an essential part of the economic strength and prosperity of the GTA. Here’s why:

New ground-related homes hit record-high prices

The price of a new low-rise home in the GTA reached a new record-high amidst strong sales this October.

New home sales performing above average

The new-home market in the GTA continues to perform above the 10-year average after three quarters.

Condo builders pushing to new heights

Today’s condo builders and developers have sky-high standards to meet, and many of them exceed them.

Report confirms Toronto is second-most unaffordable market in Canada

According to a recently released report by the Toronto Foundation, 2013 was not a good year for Torontonians, who find themselves living in the second-most unaffordable market in the country.

Infrastructure funding should not rest on the backs of new neighbours

According to a new report recently released by the Institute on Municipal Finance and Governance (IMFG), the City of Toronto cannot maintain the infrastructure it has or invest in what it needs without new revenues. Yet, it claims that there is no funding available for big new proposals like the transit investments that surround all election-related discussions.

A few pointers from the greenest city in Europe

Members of the industry were treated to a special presentation yesterday by Johan Thorsell of the City of Vaxjo, Sweden to learn more about the benefits of woodframe construction.