market

Pace of GTA new home sales drops while inventory continues to decline and average prices increase

Sales of new construction homes slowed down in July, while the overall supply of new homes continued its unprecedented decline and prices of available homes continued to increase, the Building Industry and Land Development Association (BILD) announced today. There were 1,752 new home sales in July, according to Altus Group, BILD’s official source for new-home market intelligence. That was significantly…






market

New housing market continues to climb with condo sales reaching record high

In June, the GTA’s new housing market continued to climb with condominium sales reaching a new record high.






buildings

Toronto housing boom driving economic growth in Ontario; masks weak business investment

Weak business investment in Ontario has the provincial economy increasingly dependent on Toronto’s housing market for growth, leaving the province especially vulnerable if the market slows, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.






market

Province’s Housing Plan having little impact on the GTA new homes market

In May, the GTA’s new housing market showed few signs of slowing down, especially the condominium segment.






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Innovative designs provide consumers with choices

Our industry is constantly innovating and working to offer home buyers design choices they want to live in at prices they can afford.






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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Paying tribute to an industry titan

The home building and land development industry in the GTA is shaped and driven by an amazing group of exceptional visionary and hardworking city builders.






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City building achievements honoured at annual BILD awards

The GTA home building and land development industry came together recently to celebrate city building achievements and the year’s best work in design, sales and marketing at the 37th annual BILD Awards.






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37th annual BILD Awards Winners

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






market

GTA new housing supply crisis continues to shatter market records

In March, the GTA’s housing supply challenges resulted in record smashing prices, continued unprecedented inventory scarcity, and a never seen before level of new condo apartments sales.