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The total value of building permits surged by 22.1% month-over-month to $12.39 billion in July 2024, far exceeding market expectations of a 2.5% increase, following an upwardly ... More

A home building industry association says new home sales in July were at an all-time low, and is calling on urgent action from the government.

New condominium sales plummeted to a 27-year-low during the first six months of 2024 as a “sharp downturn in construction starts” in Toronto continued to impact ... More

Interest rates for builders and buyers playing into slowdown, putting dozens of housing projects on pause.

Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.

Some advocates are praising Ottawa’s move to lengthen the amortization period on insured mortgages for certain homebuyers, but say expanding the policy to all Canadians ... More

Canadian homebuilders are expected to dial back new construction for a third straight year in 2024 as elevated borrowing costs reduce the appeal of starting projects, ... More

Prime Minister Justin Trudeau is pressuring Canada’s provinces to remove barriers to building more housing, including requiring them to freeze municipal development ... More

Canada Mortgage and Housing Corporation (CMHC) has reported an increase in the pace of home construction across the country.

The Greater Toronto Area (GTA) condominium market has softened considerably since April 2022, especially during the past six months.

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 ... More

The booming Greater Toronto Area has again taken top spot on the North American Crane Index, with the region hosting an astounding 27 per cent of the cranes counted in 14 of ... More

The national trend in housing starts essentially held steady in January.

There was a decline in the 6-month moving trend in Canadian housing starts in December.

There was strong demand for newly built homes in the Greater Toronto Area in November, the latest month of data released by Altus Group.

Have you decided to purchase a new condo? Consider these things to ensure you understand your rights as a new home buyer.

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

Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas.

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

There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year.

A report issued yesterday by market analysis experts Urbanation shows a continued decline in Greater Toronto Area (GTA) new development launches and sales, occurring at the ... More

Toronto’s construction industry may have just averted a calamity.

A staggering new analysis of foreign-owned residential properties in Canada reveals that at least 10 per cent of all condos built in Toronto between 2016 ... More

BILD announced earlier this week that GTA new home sales volume increased by 14% annually in January, reaching 1,362 transactions.

Sales of newly-built condos in the Greater Toronto Area fell back to more normal levels in 2018 following the stellar performance of the previous year.

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

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

Condo affordability is fuelling the rise of vertical growth, with resale condominium apartments and townhomes in the Greater Toronto Area (GTA) now representing almost 37 per ... More

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

Condo prices continue to rise in the Greater Toronto Area even as new supply eases inventory pressures.