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.






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Laneway suites could help increase housing supply

As we continue to contend with ongoing housing woes in the GTA, laneway housing is one potential way to help increase supply and provide much needed rental units.






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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Out-of-date zoning continues to impede intensification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.






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Housing plan does little to address the real problems with new housing supply

While we are glad that the Ontario government has finally taken some action on our housing crisis in the GTA, something we have been urging for many months, it is unfortunate that they are not doing enough to address the underlying causes of our housing supply problems.






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Purpose-built rentals can help address housing demand

After years of being dormant, the purpose-built rental market is starting to come to life again as more developers consider building rental housing but there are still many challenges in the way.






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.






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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.






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.






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New forms of housing are stacking up

The GTA land development and home building industry is constantly innovating and looking for ways to meet housing demand and provide consumer with affordable housing options while still complying with provincially mandated Growth Plan density targets.