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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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.






townhomes

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.






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Vote for the GTA’s project of the year

Every year, we recognize innovation and excellence in the land development and homebuilding industry through our annual BILD Awards program. In April we will present 50 awards to members who are raising the bar in the marketing, designing, planning and building of communities across 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.






buildings

2016 a record year for GTA new high-rise sales

More than 35 million people now call Canada home, according to data released by Statistics Canada last week. That’s five per cent growth since 2011, when the population was 33.5 million, the highest rate of growth among G7 countries.






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.






torontocityhall

Outdated zoning bylaws act as barriers to intensification

Outdated zoning bylaws in municipalities across the GTA are contributing to our worsening housing supply shortage, further eroding choice for new home buyers and ultimately adding to the price growth of new homes.






market

New home prices see slight decline in October

October saw a modest increase in supply and mix of new homes in the GTA, as well as a slight decrease in average prices.