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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.






market

New ground-oriented homes surpass $1 million

The average price of available new single-family ground-oriented homes in the GTA has now surpassed $1 million.






housekeys

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.






market

Housing prices continue to grow as supply trends downwards

Lack of new housing supply continues to escalate prices and average prices for both new single-family detached houses and high-rise condos in the GTA reached unprecedented levels in November.






home-sales

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.






landmarks

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.






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.






cranes

2016 could be record year for GTA high-rise sales

Sales of new high-rise homes in the GTA are on pace for a record year.






townhomes

Housing supply drives up home prices

Over the last 10 years, the average price of new ground-related homes in the GTA has more than doubled.