"Historically Busy" November Still Not Enough For Housing Starts
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
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
It was more of the same for new home sales in November: "The GTA new home market continued to languish," says Edward Jegg, Research Manager with Altus Group, the company that analyses market data for the Building Industry and Land Development Association's (BILD) monthly new home marker report.Consi...| 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
After Toronto and Vancouver real estate boards posted striking year-over-year increases in home sales for October — 44% and over 30%, respectively — it appears they're not alone, as the Canadian Real Estate Organization (CREA) reported Friday that nationwide sales in October were the highest they've...| STOREYS
In 2024, taxes on the average newly-built Ontario home account for almost 36% of the total price, a recent study from the Residential Construction Council of Ontario (RESCON) finds. That's over one third of the cost to buy a home.With the average home price in the Province being around $1,070,000, ...| STOREYS
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