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.






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.






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.






home-sales

The rising cost of constrained housing supply

The shortage of housing supply in the GTA and Vancouver is getting more and more attention as prices continue to climb.






traffic

The GTA West Corridor is a much needed link

The GTA has experienced considerable growth in recent years and with it we’ve seen a huge increase in traffic congestion. The roads that move people and goods across the GTA haven’t been able to keep up with the increase of vehicles using them.






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Outdated zoning bylaws act as barriers to intensification

Outdated zoning bylaws in municipalities across the GTA are contributing to our worsening housing supply shortage, further eroding choice for new home buyers and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






homebuyer

The impact of rising home prices on millennials

As more millennials look to buy their first homes, many are finding themselves priced out of the market.