parkland

Land-use policies contribute to GTA’s housing shortage

A new report by Fortress Real Developments, a BILD member, suggests that there is a disconnect between Ontario’s land-use policies and demand in the GTA’s housing market. The report’s findings echo what I’ve been saying in these columns and elsewhere for years.






GO-Train2-1-300-148

Development near transit benefits people and businesses

Imagine a prime piece of land near a GO station in the GTA. What should be built on it? It’s an important question, especially when you consider that this region is growing by about 100,000 people a year. Intensive patterns of development near transit hubs is just smart planning and smart growth. Having people and businesses with easy access to…






market

Year-to-date GTA new home sales strong despite quiet August

Greater Toronto, September 25, 2017 – Sales of new construction homes in the GTA were down in August, but the year-to-date sales are still very strong, the Building Industry and Land Development Association (BILD) announced today.






homebuyer

Condo buyers come from all stages of life

What a year it’s been for condo sales. As of the end of July, condo apartments in high-rise and mid-rise buildings and stacked townhomes accounted for almost 80 per cent of the year-to-date sales of new construction homes in the GTA.






building

Buying a new construction home

If you’re ready to buy a home, I would encourage you to consider buying a new construction home. About 25 percent of the homes purchased in Canada each year are new homes. Among the many benefits of new homes are that you get to choose your builder based on reputation and quality, and you get to personalize the features of…






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.






buildings

Toronto housing boom driving economic growth in Ontario; masks weak business investment

Weak business investment in Ontario has the provincial economy increasingly dependent on Toronto’s housing market for growth, leaving the province especially vulnerable if the market slows, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.






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.






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.