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.


Price of low-rise homes more than doubled in last decade

The average price of new low-rise homes in the GTA hit $887,543 in June, more than double the June 2006 average of $393,398.


Sales of new high-rise homes boom while low-rise inventory continues to shrink

Sales of new high-rise homes surged in May while low-rise inventory fell to a new record low.


GTA new detached homes eclipse $1 million mark

The average price of new detached homes in the Greater Toronto Area has surpassed $1 million for the first time.


GTA Market Update at The Buildings Show

The GTA new homes market is a tale of two markets: the low and high-rise markets. Each performs differently and has changed dramatically over the last decade. This was the topic discussed by a panel of BILD members at The Buildings Show on December 3.

New home sales performing above average

The new-home market in the GTA continues to perform above the 10-year average after three quarters.

Experts cautiously optimistic for housing in 2015

Two respected economists painted a mostly hopeful picture for the GTA and Ontario economies in 2015 for BILD’s membership on Thursday.

BILD launches the Breaking Ground civic awareness series

As part of its 2014 communications strategy, BILD has once again launched a civic awareness campaign with the Toronto Star.

New low-rise sales hit record low

Greater Toronto, April 23, 2013 – Sales of new detached, semi-detached and townhomes combined for the lowest March on record while prices continue to climb, BILD announced today.

Housing market continues to face challenges

Greater Toronto, March 21, 2013 – For the first time in many months, sales of new detached, semis and townhomes in the GTA outperformed those in the new condominiums in February, the Building Industry and Land Development Association (BILD) announced today.