Browsing Tag

GTA

GTA new home sales drop to 20-year low in 2018: BILD

Building Feb 1, 2019

Overall in 2018, there were 25,161 new homes sold in the GTA, according to Altus Group, BILD’s official source for new home market intelligence, making 2018 the year with the lowest number of new home sales in the GTA since Altus Group…

Building

Walk With Joy: Toronto’s Fragmented Urban Governance

Richard Joy Jan 24, 2019

David Crombie liked to say that we don’t need regional governance in the Greater Toronto Area as we already have it: it’s called the Province of Ontario. In his eye, a benevolent provincial government with almost limitless constitutional…

Building

Slowing new home market bringing GTA sales back to normal: BILD

Building Dec 20, 2018

In November, the GTA new home market saw more typical activity levels—both in new home sales and new project openings—after a relatively strong October, the Building Industry and Land Development Association (BILD) announced today.There…

Building

GTA could face housing shortage of 165,000 units by 2041: Report

Building Dec 12, 2018

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 in 7,200 fewer new homes being built each year until 2041, which creates…

Building

Greater Toronto home sales drop nearly 15% in November, prices still climb

Linda Nguyen, THE CANADIAN PRESS Dec 5, 2018

The number of homes sold across the Greater Toronto Area pulled back sharply in November, compared with a year ago, but prices continued to see moderate growth, suggesting that Canada's largest city remains a seller's market.The Toronto…

Real Estate

Greater Toronto home sales, prices climbed in October from a year ago

THE CANADIAN PRESS Nov 5, 2018

TORONTO – Housing sales across the Greater Toronto Area rose last month, compared with a year ago, as prices also climbed, helped by strong sales in the condo and higher-density low-rise markets.The Toronto Real Estate Board says there…

Building

TREB looking to ‘protect’ home sales data, despite realtors already posting it

Tara Deschamps, THE CANADIAN PRESS Aug 27, 2018

The Toronto Real Estate Board is studying ways to ensure Greater Toronto Area home sales data is "protected,'' even as realtors are rushing to publish the numbers.TREB fought the Competition Bureau to prevent the data's online release for…

Building

GTA new home market buoyed by condo apartment sales in May

Building Jun 21, 2018

In May, the new home market in the GTA saw another increase in the prices of condominium apartments with sales of condos hovering around the 10-year average and remaining condo apartment inventory dropping, the Building Industry and Land…

Building

GTA condo prices continue to rise as single-family homes slip: BILD

Building Mar 22, 2018

In February, the prices of new homes in the GTA showed few signs of abating, the Building Industry and Land Development Association (BILD) announced today.The benchmark price for condominium apartments in low, medium and high-rise…

Building

Slide in average home price in Toronto ends, prices up from August

THE CANADIAN PRESS Oct 5, 2017

TORONTO – The average price of a home sold in the Toronto area last month climbed higher on a month-over-month basis for the first time since hitting a record in April.The average price has been falling since April when the Ontario…