More than 200 affordable rental units announced for downtown Toronto
At the end of April, the province of Ontario announced the sale of surplus land to allow for the development of affordable housing.
The housing market is about to go through some big changes
It’s been an interesting couple of weeks - details of Ontario’s Housing Supply Action Plan were released, debate over the mortgage stress test continued, and sales activity started to heat up.
Ontario announces details of the Housing Supply Action Plan
The province of Ontario announced the details of its More Homes, More Choice: Ontario’s Housing Supply Action Plan, and it immediately received praise and support from leaders in the new home industry.
How Ontario can amp up affordable housing development
The key to building more affordable housing lies in the availability of public surplus lands, which is government owned land that is “vacant or underutilized, that is no longer needed to deliver government goods and services (Infrastructure Ontario).
The King Street Transit Pilot is now permanent!
It’s official - the King Street Transit Pilot is now permanent, and it makes so much sense. This is a major milestone for the City of Toronto.
Toronto real estate is about more than supply and demand
The provincial Budget was tabled last week. I was hoping for more details on the Housing Supply Action Plan, but we were simply reminded again that the Plan is in the works and will somehow increase housing supply in Ontario.
Ontario Budget vague on Housing Supply Action Plan details
At the end of last week, Doug Ford’s government tabled its first Budget. We listened in via livestream and flipped through the Budget online, but we couldn’t find much regarding the Housing Supply Action Plan or housing affordability in Ontario.
Find out why Toronto needs non-resident buyers
To get a better grasp on the housing market, we reached out to some industry professionals to get their opinions on a few hot topics. Our first Q&A was with Ben Myers, President of Bullpen Research & Consulting Inc.
Ontario announces $28.5 billion transit plan for the Greater Toronto Area
The provincial government announced new funding for new transit projects in the Greater Toronto Area, and it’s supposedly the largest investment ever to get new subways built.
CMHC explains why the First-Time Home Buyers Incentive will work in Toronto and Vancouver
Last week, the Canada Mortgage and Housing Corporation came to the defence of the First-Time Home Buyers Incentive (CMHC will be the organization partnering in the shared equity mortgages).
