building

Ontario housing plan not slowing down GTA’s new home market

The Province’s fair housing plan, introduced in April, has had little real effect on the new home market in the GTA. Prices continue to increase and supply, especially for single-family low-rise homes, continues to be low.






tower

Our industry produces jobs as well as communities

The home building, land development and professional renovation industry builds cities and produces jobs. We are the industry that designs, develops, constructs and renovates the buildings and communities where people live, work, play and shop, and in so doing, are one of the largest employers in the region, providing jobs for thousands of GTA residents every year.






building

Out-of-date zoning continues to impede intensification

Now that the Province has increased intensification and density targets in the GTA and plans to replace the Ontario Municipal Board with a Local Planning Appeal Tribunal, it’s more important than ever that municipalities update their zoning by-laws.






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.






160125_Heartwood

Mid-rise housing can help ease supply challenges

Building more mid-rise housing is one of the potential solutions being talked about to help ease our housing supply challenges in the GTA.






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.






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.






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.






workers2

Record low supply, high prices for new homes in the GTA

April was another record-breaking month for the GTA’s new homes market. Low-rise inventory levels dropped to an all-time low while prices hit new highs.