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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


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


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


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


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


No signs of overheating in the GTA's new home market

11/5/2019 | Posted in New Developments by Paul DeAdder

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New single-family home sales in the Greater Toronto Area increase a whopping 283%

... More


Buyers of new GTA homes face $222K in government charges

9/18/2019 | Posted in GTA Real Estate by Paul DeAdder

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According to a recent BILD report, these charges make a significant impact on affordability.

... 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


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


How Much Does It Cost to Build a House?

4/30/2019 | Posted in Home Buyers by Paul DeAdder

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If you’re considering a custom-built home, here’s everything you need to know.

... 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


New home construction to decline for next two years, says report

3/20/2019 | Posted in Canadian Housing Market by Paul DeAdder

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The construction of new homes in Canada will continue to decline for the next two years as the economy slows and higher interest rates weigh on consumers, according to a new ... 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


GTA new homes sales plunge 40 per cent in 2018: Altus

2/1/2019 | Posted in GTA Real Estate by Paul DeAdder

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Investment property sales in the GTA had their second-highest year ever at $21.1 billion, but the figure drawing the most attention in Altus Group’s Flash Greater ... More


'No more detached homes for you' economist tells Canada

1/17/2019 | Posted in Canadian Housing Market by Paul DeAdder

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In the not so distant past, Canadian contractors were building more single-family homes than multi-family homes, such as condo apartments.

... More


GGH region forecast to lead growth in new home sales

1/10/2019 | Posted in Ontario Real Estate by Paul DeAdder

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Sales of new homes should be positive in 2019 despite the challenges of affordability and interest rates.

... More


GTA's new home market activity back to moderate level

1/2/2019 | Posted in GTA Real Estate by Paul DeAdder

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The Greater Toronto Area (GTA) new-home sales and new project openings’ activities were back to typical levels in November after posting relatively strong results in ... More


Canadian Housing Starts Trend Increases in November

12/12/2018 | Posted in Canadian Housing Market by Paul DeAdder

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The trend in housing starts was 210,038 units in November 2018, compared to 206,460 units in October 2018, according to Canada Mortgage and Housing Corporation ... More


Toronto region risks deficit of 165,000 new homes by 2041

12/12/2018 | Posted in Toronto Real Estate by Paul DeAdder

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The Greater Toronto and Hamilton Area (GTHA) is at risk of missing provincial population targets, according to a report released today. This would potentially result ... More


GTA new home sales post best month of 2018 so far

11/28/2018 | Posted in GTA Real Estate by Paul DeAdder

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October brought some positives for the new homes market in the Greater Toronto Area with sales and openings gaining.

... More


Annual pace of housing starts picked up in October, topping economists' expectations

11/13/2018 | Posted in New Developments by Paul DeAdder

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The increase came as the annual pace of urban starts climbed by 8.6 per cent in October to 191,964 units.

... More


CMHC expects housing starts and sales to slide over next 2 years

11/7/2018 | Posted in Canadian Housing Market Predictions by Paul DeAdder

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Income, employment support demand for housing, but they're expected to slow, agency says. Rising mortgage rates are also expected to affect housing demand and the ... More


GTA new home sales jumped in September

10/28/2018 | Posted in GTA Real Estate by Paul DeAdder

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There was an improvement in sales of newly-built homes in the Greater Toronto Area last month.

... More


Canada building permits fall in June on weak residential sector

8/8/2018 | Posted in Canadian Housing Market by Paul DeAdder

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The value of Canadian building permits unexpectedly dropped by 2.3 percent in June from May on weakness in the residential sector, Statistics Canada data indicated on ... More


Condos remain dominant in GTA new homes market

7/30/2018 | Posted in GTA Real Estate by Paul DeAdder

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The GTA new homes market is still all about condos even as prices rise while single-family home prices ease.

... More


30-year high housing starts could signal return to prosperous market

7/10/2018 | Posted in Canadian Housing Market by Paul DeAdder

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Canadian housing starts surged in June to one of the highest levels over the past decade, driven by new condominium developments in Toronto that reached a 30-year high for the ... More


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