November marked the third month of increases in housing starts across Canada, but numbers remain too low to get on track to restoring housing affordability.| Storeys
A week ago, Statistics Canada released new data on the New Housing Price Index that showed October saw the largest month-over-month decline in new home prices in the last 15 years. The decrease was -0.4%, the largest since April 2009, but also the latest in a now 23-month long trend of steadily decl...| Storeys
On Tuesday, Vaughan Mayor Steven Del Duca and Members of Council approved substantial reductions in development charge rates in the name of encouraging development and building more homes for their growing population.Before the reductions, Vaughan had some of the highest development charges in the G...| Storeys
While Toronto and the wider Greater Toronto Area's (GTA) resale market began showing signs of life in October, data from the Building Industry and Land Development Association (BILD) shows new homes sales remained "notably low."In total, there were 765 new home sales recorded in Toronto and the GTA,...| Storeys