GTA home sales down 47% from last year, 24% from June: Toronto real estate board
Posted: Aug 5th, 2022In: ConstructionNewsTORONTO – The moderation of the Greater Toronto Area’s housing market intensified last month as the region’s real estate board found July sales fell 47 per cent from the same time last year and 24[...]
Read More about GTA home sales down 47% from last year, 24% from June: Toronto real estate boardRoommates, multi generational homes rising amid increasing costs, immigration: census
Posted: Jul 20th, 2022In: ConstructionNewsTORONTO – When Gina Athanasiou’s father died in 2016, she realized her mother, who bounced between Canada and Greece for most of her life, didn’t have a pension large enough to cover the soaring costs[...]
Read More about Roommates, multi generational homes rising amid increasing costs, immigration: censusCanadian home buyers face least affordable market in a generation: RBC
Posted: Jun 26th, 2022In: ConstructionNewsRBC’s latest housing affordability report released Thursday reveals that the situation is the worst its been since the early 1990s, and will worsen before it gets better. RBC’s aggregate affordability measure for Canada went up 3.7[...]
Read More about Canadian home buyers face least affordable market in a generation: RBCRecord-setting year for residential construction industry: CHBA report
Posted: Jun 25th, 2022In: ConstructionNewsThe Canadian Home Builders’ Association (CHBA) has released its annual report on the performance of Canada’s residential construction industry, which according to the association, details a record-setting year for the industry in its contribution to[...]
Read More about Record-setting year for residential construction industry: CHBA reportOntario must commit to affordable housing for all, not attainable housing
Posted: Jun 24th, 2022In: ConstructionNewsA for sale sign outside a home indicates that it has sold for over the asking price, in Ottawa, in March 2021. House prices and rents have become increasingly more unaffordable in Ontario over the[...]
Read More about Ontario must commit to affordable housing for all, not attainable housingAlberta housing starts rebound to 2015 levels as oil prices surge
Posted: Jun 21st, 2022In: ConstructionNewsCALGARY – Alberta’s cities are once again abuzz with the sound of hammers and saws as surging oil prices fuel a fresh building boom in the province. According to Statistics Canada, housing starts in Alberta,[...]
Read More about Alberta housing starts rebound to 2015 levels as oil prices surgeHome Building, Construction and RE Groups Congratulate Ford’s PC Party
Posted: Jun 3rd, 2022In: ConstructionNewsVarious construction, home building and real estate organizations have come forward and congratulated Ontario’s Premier Doug Ford and the PC’s for being re-elected. The Progressive Conservatives cruised to a second majority government Thursday. Doug Ford’s[...]
Read More about Home Building, Construction and RE Groups Congratulate Ford’s PC PartyGTA new home market slows down in April: BILD
Posted: May 25th, 2022In: ConstructionNewsThe GTA new home market showed signs of slowing down in April from the exceptionally strong pace of the past year, the Building Industry and Land Development Association (BILD) announced today. Total April new home[...]
Read More about GTA new home market slows down in April: BILDHuron County councillors push for expedited housing results
Posted: May 20th, 2022In: ConstructionNewsWINGHAM ADVANCE TIMES HURON COUNTY – Several county councillors spoke up after a presentation by Tim Welch, principal of TWC Consulting Inc, regarding the Huron County Housing Renewal Plan, commenting on how this critical initiative needs to[...]
Read More about Huron County councillors push for expedited housing resultsHousing crisis in Ontario worse than ever, Gen Squeeze says
Posted: May 19th, 2022In: ConstructionNewsCANADA’S NATIONAL OBSERVER House prices and rents in Ontario have become more unaffordable in the past two years than in any other recent two-year period anywhere in the country, according to a new report from[...]
Read More about Housing crisis in Ontario worse than ever, Gen Squeeze says