cranes

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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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.






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The rising cost of constrained housing supply

The shortage of housing supply in the GTA and Vancouver is getting more and more attention as prices continue to climb.






highrise

High-rise sales on track for record, while prices of new homes continue to climb

Prices for all types of new homes in the GTA continue to set records while sales of new high-rise homes are on pace for an unprecedented year.






Can you afford a new home in the GTA?

As the price of new homes continues to increase, homeownership is slipping out of reach for many first-time buyers. This is an important issue that affects young GTA residents and society as a whole.






Ryerson research report on shortage of new low-rise homes in the GTA

The Centre for Urban Research and Land Development at Ryerson University has released a new report that states there is a limited supply of serviced land in the GTA and fewer low-rise homes under construction than in decades past.






GTA housing price gap reaches new heights

The price gap between new high-rise and low-rise homes in the GTA hit a new record high in April, tripling over the past 10 years, the Building Industry and Land Development Association (BILD) announced today.






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.






BILD congratulates our municipal leaders

It’s the morning after what’s been an exciting election season, and an even more exciting election night, and BILD and it’s members are eager to begin to work with our newly elected municipal representatives.