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.






woy

Innovative designs provide consumers with choices

Our industry is constantly innovating and working to offer home buyers design choices they want to live in at prices they can afford.






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.






market

Record month for condo sales as low-rise inventory drops to unprecedented scarcity

February was a record breaking month for new condo apartment sales in the GTA, while the number of new low-rise homes available to buy reached unprecedented levels of scarcity.






DJI_0006-E

Government needs to recognize our housing supply problem

The provincial government recently promised action on skyrocketing hydro rates, now we need them to turn their attention to our housing supply crisis and resulting pricing challenges in the GTA.






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.






Untitled-3

Our neighbourhoods are intensifying as the GTA grows up and not out

Across the GTA our neighbourhoods are intensifying and it’s affecting all of us.






townhomes

Housing supply drives up home prices

Over the last 10 years, the average price of new ground-related homes in the GTA has more than doubled.






tower

Above-average year for GTA new-home sales

Strong demand for new homes in the GTA resulted in the third-highest sales year in the past decade.