Canada witnesses decline in home construction rates, falling below pandemic-era numbers: report
10/6/2023 | Posted in Canadian Housing Market by Jessi Sandhu
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 of ...
More
GTA new home sales activity hovers near-record lows
9/22/2023 | Posted in New Developments by Jessi Sandhu
August activity at more than 60% below the region's 10-year average sales level ...
More
1 in 5 homebuilders are nixing projects amid high rates. Here are your rights
8/18/2023 | Posted in New Developments by Jessi Sandhu
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 is ...
More
Canadian housing starts declined in March
4/8/2020 | Posted in Canadian Housing Market by Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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% from ...
More
Hudson Yards developer plans one of Canada's biggest projects in Downtown Toronto
6/26/2019 | Posted in Toronto News by Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
BILD announced earlier this week that GTA new home sales volume increased by 14% annually in January, reaching 1,362 transactions. ...
More
'No more detached homes for you' economist tells Canada
1/17/2019 | Posted in Canadian Housing Market by Jessi Sandhu
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 Jessi Sandhu
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 Jessi Sandhu
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
GTA new home sales post best month of 2018 so far
11/28/2018 | Posted in GTA Real Estate by Jessi Sandhu
October brought some positives for the new homes market in the Greater Toronto Area with sales and openings gaining. ...
More
At Your Service
Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and we'll get back to you promptly.