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New home market very slow in September, inventory rose

10/24/2022 | Posted in New Developments by Paul DeAdder

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The GTA new home market was very slow in September, with overall sales well below the 10-year average and inventories low, but rising slightly, the Building Industry and Land ... More


New construction home buyers vanish as interest rates rise

9/28/2022 | Posted in New Developments by Paul DeAdder

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Sales levels of condos and single-family homes were more than 80 per cent lower than last August, says the homebuilders’ association.

... More


Canada housing starts drop in August

9/16/2022 | Posted in New Developments by Paul DeAdder

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A decline in multi-unit urban starts contributed to a slower month overall, according to the latest data from CMHC.

... More


StatCan highlights slowdown in home price growth

8/23/2022 | Posted in New Developments by Paul DeAdder

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Monthly price gains are at their lowest in two years

... More


Toronto developers expected to delay 10,000 units as slowdown hits condo presales

8/2/2022 | Posted in Toronto Real Estate by Paul DeAdder

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There are signs that the broader real estate slowdown has spread to the preconstruction market, where purchases are seen as bets on future housing because buyers wait years for ... More


Canadian housing starts trend higher in June

7/18/2022 | Posted in Canadian Housing Market by Paul DeAdder

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The trend in housing starts was 258,295 units in June, up from 252,444 units in May, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a ... More


GTA New Condo Sales Reach Record High in Q1

5/4/2022 | Posted in GTA Real Estate by Paul DeAdder

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Greater Toronto Area (GTA) new condominium sales reached their highest Q1 on record with 8,253 units sold, rising 55% year-over-year and exceeding the 10-year average (5,154 ... More


Canadian housing starts declined in March

4/8/2020 | Posted in Canadian Housing Market by Paul DeAdder

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The trend in housing starts was 204,717 units in March 2020, compared to 209,109 units in February 2020, according to Canada Mortgage and Housing Corporation (CMHC).

... More


No new residential construction in Ontario after April 4

4/3/2020 | Posted in Ontario Real Estate by Paul DeAdder

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Speaking from Queen’s Park on Friday afternoon, Ontario Premier Doug Ford announced a halt to all residential construction in the province.

... More


Investment in residential construction was flat in January

3/24/2020 | Posted in New Developments by Paul DeAdder

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Building construction investment in Canada edged higher in January with a 0.5% rise compared to the previous month.

... More


Canadian housing starts declined in February

3/9/2020 | Posted in Canadian Housing Market by Paul DeAdder

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The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC).

... More


Canadian housing starts unchanged in January

2/10/2020 | Posted in Canadian Housing Market by Paul DeAdder

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The national trend in housing starts essentially held steady in January.

... More


Will Toronto's suburbs see the next great housing gold rush?

2/3/2020 | Posted in Toronto Real Estate by Paul DeAdder

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Developers are betting on new projects in some of Toronto’s oldest suburbs to attract millennials fleeing from the main city area’s inflamed home prices.

... More


Canadian housing starts trended lower in December

1/10/2020 | Posted in Canadian Housing Market by Paul DeAdder

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There was a decline in the 6-month moving trend in Canadian housing starts in December.

... More


GTA new homes market busier than normal: BILD

1/7/2020 | Posted in New Developments by Paul DeAdder

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There was strong demand for newly built homes in the Greater Toronto Area in November, the latest month of data released by Altus Group.

... More


Canadian housing starts were flat in November says CMHC

12/10/2019 | Posted in New Developments by Paul DeAdder

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There were some slight increases but the 6-month trend was essentially unchanged

... More


Tarion adds new protection for condo buyers

11/3/2019 | Posted in Ontario Real Estate by Paul DeAdder

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Ontario home warranty provider will require greater disclosure and information sheets.

... More


There was a 19% jump for multifamily building permits in August

10/8/2019 | Posted in New Developments by Paul DeAdder

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The value of building permits issued by Canadian municipalities rose 6.1% to $9.0 billion in August, largely because of increases in multi-family and industrial permits. Gains ... More


CMHC reports annual pace of housing starts climbed 1.9 per cent in August

9/10/2019 | Posted in Canadian Housing Market by Paul DeAdder

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The pace of new housing starts in August climbed 1.9 per cent compared with July as the housing market rebounded from its recent slowdown.

... More


Canadian housing starts trended higher in July

8/14/2019 | Posted in Canadian Housing Market by Paul DeAdder

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The trend in housing starts was 208,970 units in July 2019, compared to 205,765 units in June 2019, according to Canada Mortgage and Housing Corporation (CMHC).

... More


Canadian Housing Starts Jump To Highest Level Since 2007

7/11/2019 | Posted in Canadian Housing Market by Paul DeAdder

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Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas.

... More


New GTA home sales jumped 94% in May compared to a year earlier

6/27/2019 | Posted in New Developments by Paul DeAdder

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There was strong activity in the Greater Toronto Area’s new homes market in May: 4,794 new homes were sold in the month, up 94% ... More


Hudson Yards developer plans one of Canada's biggest projects in Downtown Toronto

6/26/2019 | Posted in Toronto News by Paul DeAdder

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Oxford Properties Group is planning a US$3.5 billion development in downtown Toronto that would be one of Canada’s biggest real estate projects.

... More


Investment in multifamily construction reaches new heights

6/24/2019 | Posted in Canadian Housing Market by Paul DeAdder

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The residential construction sector led the gains for overall Canadian construction investment in April, the latest month of figures released by Statistics Canada.

... More


Canadian housing starts trend decreased in May

6/11/2019 | Posted in Canadian Housing Market by Paul DeAdder

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The trend in housing starts was 201,983 units in May 2019, compared to 205,717 units in April 2019, according to Canada Mortgage and Housing Corporation (CMHC).

... More


GTA new home sales jumped 123% in April

6/6/2019 | Posted in GTA Real Estate by Paul DeAdder

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There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year.

... More


Canadian housing starts trend increased in April

5/9/2019 | Posted in Canadian Housing Market by Paul DeAdder

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On the national level, the housing starts trend went up in April, according to the Canada Mortgage and Housing Corporation’s latest report.

... More


Last-minute amendment saves construction industry

4/22/2019 | Posted in Toronto Real Estate by Paul DeAdder

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Toronto’s construction industry may have just averted a calamity.

... More


GTA new single-family home sales jumped 147% in February

3/27/2019 | Posted in New Developments by Paul DeAdder

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Yet sales were still well below the 10-year average, while benchmark prices showed slight moderation from the previous month.

... More


GTA sees new home sales begin on a good note this year

2/27/2019 | Posted in GTA Real Estate by Paul DeAdder

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BILD announced earlier this week that GTA new home sales volume increased by 14% annually in January, reaching 1,362 transactions.

... More


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