market

Demand for new homes continues to outpace supply and drive prices in the GTA

In April, demand for new homes in the GTA continued to outpace supply, and prices for all types of available new homes were up significantly.






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37th annual BILD Awards Winners

A complete list of winners from the 37th annual BILD Awards.






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Mattamy and Tridel named the GTA’s top builders

Mattamy Homes Limited and Tridel were named Home Builders of the Year by the Building Industry and Land Development Association at its annual BILD Awards on April 28th. Mattamy earned the distinction as low-rise builder of the year, while the title for mid/high-rise went to Tridel.






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Housing plan does little to address the real problems with new housing supply

While we are glad that the Ontario government has finally taken some action on our housing crisis in the GTA, something we have been urging for many months, it is unfortunate that they are not doing enough to address the underlying causes of our housing supply problems.






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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.






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

Record month for condo sales as low-rise inventory drops to unprecedented scarcity

February was a record breaking month for new condo apartment sales in the GTA, while the number of new low-rise homes available to buy reached unprecedented levels of scarcity.






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National Home Show serves all your reno needs

Considering a renovation but don’t know where to start? Look no further than the National Home Show which runs from March 10 to 19 at the Enercare Centre at Exhibition Place.






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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.






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.