New homes offer the freedom to choose

It’s a popular question for anyone working in the new homes industry: what it is about new homes and condominiums that stands out and above their resale counterparts. While there are a number of reasons to pick from, the underlying factor would have to be the freedom of choice.

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.

BILD is your voice on all media fronts

As a follow up to last week’s media blitz on the proposed increase to Toronto development charges, BILD Chair Steve Upton and Vice Chair Steve Deveaux went before the City’s Executive Committee on July 3 to make a passionate deputation and speak on the industry’s behalf.

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…

Five reasons to buy a new condominium in the GTA

In Ontario, more than one million people are now living a condominium lifestyle and that number will continue to grow. The GTA is the fastest growing condominium market in North America, and here are five good reasons why.

Housing affordability a question of supply and demand

Housing affordability is a popular topic these days, not just among homebuyers but among members of the building and development industry as well.

Job increase points to our industry

Do you know how many people it takes to build a home? In the low-rise sector of our industry, typically 200 people will work on a single home and in the high-rise sector, each crane represents 300-500 jobs for about four years. It’s likely that you have neighbours, friends or family in the industry because there are many fields of…