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Housing starts down seven per cent in March from February: CMHC
4/16/2024 | Posted in Canadian Housing Market by Paul DeAdder
Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.
... MoreCanada homebuilding down for third year, housing agency predicts
4/4/2024 | Posted in Canadian Housing Market by Paul DeAdder
Canadian homebuilders are expected to dial back new construction for a third straight year in 2024 as elevated borrowing costs reduce the appeal of starting projects, ... More
Trudeau offers billions to boost homebuilding - with strings attached
4/2/2024 | Posted in Government and Regulation by Paul DeAdder
Prime Minister Justin Trudeau is pressuring Canada’s provinces to remove barriers to building more housing, including requiring them to freeze municipal development ... More
Housing starts increase in February
3/18/2024 | Posted in Canadian Housing Market by Paul DeAdder
Canada Mortgage and Housing Corporation (CMHC) has reported an increase in the pace of home construction across the country.
... MoreCanada witnesses decline in home construction rates, falling below pandemic-era numbers: report
10/6/2023 | Posted in Canadian Housing Market by Paul DeAdder
A recent report from the Canadian Centre for Policy Alternative(opens in a new tab) shows that new housing construction is at a lower level today than it was at the worst point ... More
GTA new home sales activity hovers near-record lows
9/22/2023 | Posted in New Developments by Paul DeAdder
August activity at more than 60% below the region's 10-year average sales level
... More1 in 5 homebuilders are nixing projects amid high rates. Here are your rights
8/18/2023 | Posted in New Developments by Paul DeAdder
Many Canadian homebuyers waiting patiently for construction to finish on their pre-sale unit are being met with cancellation notices from developers. The building environment ... More
Canadian housing starts declined in March
4/8/2020 | Posted in Canadian Housing Market by Paul DeAdder
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).
... MoreNo new residential construction in Ontario after April 4
4/3/2020 | Posted in Ontario Real Estate by Paul DeAdder
Speaking from Queen’s Park on Friday afternoon, Ontario Premier Doug Ford announced a halt to all residential construction in the province.
... MoreInvestment in residential construction was flat in January
3/24/2020 | Posted in New Developments by Paul DeAdder
Building construction investment in Canada edged higher in January with a 0.5% rise compared to the previous month.
... MoreCanadian housing starts declined in February
3/9/2020 | Posted in Canadian Housing Market by Paul DeAdder
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).
... MoreCanadian housing starts unchanged in January
2/10/2020 | Posted in Canadian Housing Market by Paul DeAdder
The national trend in housing starts essentially held steady in January.
... MoreWill Toronto's suburbs see the next great housing gold rush?
2/3/2020 | Posted in Toronto Real Estate by Paul DeAdder
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.
... MoreCanadian housing starts trended lower in December
1/10/2020 | Posted in Canadian Housing Market by Paul DeAdder
There was a decline in the 6-month moving trend in Canadian housing starts in December.
... MoreGTA new homes market busier than normal: BILD
1/7/2020 | Posted in New Developments by Paul DeAdder
There was strong demand for newly built homes in the Greater Toronto Area in November, the latest month of data released by Altus Group.
... MoreCanadian housing starts were flat in November says CMHC
12/10/2019 | Posted in New Developments by Paul DeAdder
There were some slight increases but the 6-month trend was essentially unchanged
... MoreTarion adds new protection for condo buyers
11/3/2019 | Posted in Ontario Real Estate by Paul DeAdder
Ontario home warranty provider will require greater disclosure and information sheets.
... MoreThere was a 19% jump for multifamily building permits in August
10/8/2019 | Posted in New Developments by Paul DeAdder
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
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.
... MoreCanadian housing starts trended higher in July
8/14/2019 | Posted in Canadian Housing Market by Paul DeAdder
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).
... MoreCanadian Housing Starts Jump To Highest Level Since 2007
7/11/2019 | Posted in Canadian Housing Market by Paul DeAdder
Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas.
... MoreNew GTA home sales jumped 94% in May compared to a year earlier
6/27/2019 | Posted in New Developments by Paul DeAdder
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
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.
... MoreInvestment in multifamily construction reaches new heights
6/24/2019 | Posted in Canadian Housing Market by Paul DeAdder
The residential construction sector led the gains for overall Canadian construction investment in April, the latest month of figures released by Statistics Canada.
... MoreCanadian housing starts trend decreased in May
6/11/2019 | Posted in Canadian Housing Market by Paul DeAdder
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).
... MoreGTA new home sales jumped 123% in April
6/6/2019 | Posted in GTA Real Estate by Paul DeAdder
There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year.
... MoreCanadian housing starts trend increased in April
5/9/2019 | Posted in Canadian Housing Market by Paul DeAdder
On the national level, the housing starts trend went up in April, according to the Canada Mortgage and Housing Corporation’s latest report.
... MoreLast-minute amendment saves construction industry
4/22/2019 | Posted in Toronto Real Estate by Paul DeAdder
Toronto’s construction industry may have just averted a calamity.
... MoreGTA new single-family home sales jumped 147% in February
3/27/2019 | Posted in New Developments by Paul DeAdder
Yet sales were still well below the 10-year average, while benchmark prices showed slight moderation from the previous month.
... MoreGTA sees new home sales begin on a good note this year
2/27/2019 | Posted in GTA Real Estate by Paul DeAdder
BILD announced earlier this week that GTA new home sales volume increased by 14% annually in January, reaching 1,362 transactions.
... More