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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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Government needs to recognize our housing supply problem

The provincial government recently promised action on skyrocketing hydro rates, now we need them to turn their attention to our housing supply crisis and resulting pricing challenges in the GTA.






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Lack of housing supply and eroding affordability challenge the GTA

The Greater Toronto Area is in danger of becoming the next London or Palo Alto, places that are highly desirable but unaffordable for most people.






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City looks to new revenue tools to bridge deficit gap

You have probably heard that the City of Toronto is dealing with deficit woes and you should be aware of some of the potential ways that are being looked at to fill the budget gap.






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Transit needs development to be viable

Everyone is on board with building more transit in the GTA but it must be planned and delivered so that we maximize the return on our public investment for decades to come. The question is: how do we do that?






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What will it take to rein in housing prices?

The Greater Toronto Area housing market is dynamic and complicated, and while many factors contribute to increasing prices, one pivotal way to improve affordability is for governments to recognize the effect of their policies on the prices paid by consumers.






Challenge in building affordable housing

These two terms: ‘affordable housing’ and ‘housing affordability’ mean different things and addressing the first can impact the second.






The state of the new homes market

There’s no denying it – the state of the housing market in the GTA is a hot topic of conversation at any dinner party. It’s a topic that interests homeowners, investors and even those looking to break into the market. It’s also a very complex topic.






Cash for infrastructure should be an election issue

We will be going to the polls on October 19 to vote for a new federal government and should use the next few months to make infrastructure funding for cities – especially the GTA – an election issue.






Peel DC by-law deferred

Peel Regional Council decided to delay a decision on the proposed Development Charges By-law until its September meeting.