Average price of a new detached home in the GTA nears $2 million
The Building Industry and Land Development Association (BILD) released its new home sales figures for May 2017, announcing that the province's Fair Housing Plan has done little to cool the new home market in the Greater Toronto Area (GTA). There were
New home sales in Oakville picking up speed
The latest report from Trimart Research Corporation highlights Oakville as one of the top selling cities in the Total Market Area (TMA) for new low-rise homes. With 365 sales last month, Oakville is a hot market right now. It’s interesting how sales are
The new home industry’s top sustainability milestones of 2016
It’s pretty safe to say that sustainable building and design is no longer a trend. The new wave of young homebuyers are willing to put in the time to understand why an energy efficient home makes more sense for not only their lifestyles but for the
There are a number of factors contributing to the success of the new home market
Housing starts have stayed steady in Canada and somewhat steady in Ontario, though Toronto saw a decline. CMHC says that the lack of listings in the Toronto CMA resale market has caused a spill over of buyers to the new home market, which kept detached
New home construction holds steady following 10-year high
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for January 2018, announcing steady new home construction continuing from last year. The housing starts trend for January 2018 was 224,865 units, compared
Building Your New Home Buying Team
As a first time homebuyer, it is important to put together the right team of professionals, so Canada Mortgage and Housing Corporation (CMHC) offers the following who's who list of experts and what they should bring to the table:Real estate agent Among
New Home Prices on the Rise
Statistics Canada has released its new home price index for the month of December.
Would-be mayors debate future of new home industry in Toronto
The five remaining Toronto mayoral candidates met with members of the Builders' Association and Urban Development Institute (BILD) this morning to discuss and debate their platforms as they relate to the new home industry in the GTA.
The average price of a new low-rise home in the GTA now exceeds $900,000
The Building Industry and Land Development Association (BILD) released its new home market sales figures for July 2016, announcing that the average price of a new low-rise home in the Greater Toronto Area (GTA) has hit a record high. According to Altus
Why you should consider buying a new home in Bowmanville
If you are in the process of looking to move up from your downtown Toronto condo unit, or perhaps you are even looking for your first home purchase, then you should definitely see what Lancaster Homes has to offer at their Summervale community in
