New home construction in the GTA produces $5.2 billion in wages
There’s been plenty of talk and headlines about the Greater Toronto Area’s (GTA) housing market cooling, and it looks like we are in store for a gentle correction. When the market cools, there are less sales and less construction, so what does that mean
Is the GTA Lacking Affordability and Diversity in Housing?
A recent TD Economics report on housing in the GTA has outlined a number of challenges that need to be overcome in order for the region to remain viable economically, socially and environmentally secure.In many aspects, the report is in keeping with the
GTA new home sales back on track, but the price gap widens
According to the Building Industry and Land Development Association’s (BILD) latest new home sales report for February 2016, sales in the Greater Toronto Area (GTA) are back on track after a slow start to the year. Last February, there were 3,629 new
GTA New Home Sales Continue to Climb
The Building Industry and Land Development Association (BILD) recently announced that February’s number of new home sales in the Greater Toronto Area (GTA) marks the seventh consecutive month of year-over-year increases.New homes sales in the
HST squeezes middle-class homebuyers, hits GTA hardest, new report finds
Greater Toronto Area homebuyers will absorb an exorbitant share of the whopping $800 million tax increase on new homebuyers across the province under the Provincial government's harmonized sales tax (HST), which could threaten up to 21,200 jobs, a
The GTA housing market: What needs to be done?
When we talk about the housing market, we usually mean economic projections, stats, starts and the like, but the “market” is in another way the people. The sales people, whose livelihoods depend on this business, the buyers, whose families are dreaming
Daniels providing 10 new homes to Habitat for Humanity GTA
In recognition of World Habitat Day, The Daniels Corporation announced they are providing 10 new homes to Habitat for Humanity Greater Toronto Area.
Toronto has the most housing starts in the GTA in February 2016
The Canada Mortgage and Housing Corporation (CMHC) released its national housing starts figures for February 2016, announcing that starts have stayed steady from the beginning of the year. The national housing starts trend measure for February was
The GTA New Home Industry: A Year in Review
It’s December, and you know what that means; Newinhomes.com spends the entire month looking back on the year and revisiting the best industry moments of 2014!The Greater Toronto Area’s (GTA) new home market made some serious strides over the last 12
Average Price of a New Home in the GTA Hits Record High in June
The Building Industry and Land Development Association (BILD) released its new home sales figures for June 2015, announcing that demand is strongly outpacing supply across the Greater Toronto Area (GTA).The supply of new low-rise homes hit a record low
