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.






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.






laneway 1

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.






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.






BILDACC064

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.






BILD-17002 Title

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.






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.






cranes

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.