GTA - Fix Team

GTA new home market quiet in January: BILD Report

By:Building .caPosted: Feb 24th, 2023In: ConstructionNews

The GTA new home market saw a slow month in January, according to the Building Industry and Land Development Association (BILD). There were 567 new home sales in January, which was down 81 per cent[...]

GTA new home sales dipped in 2022, affected by interest rates, monetary policy

By:Building .caPosted: Jan 27th, 2023In: ConstructionNews

According to the Building Industry and Land Development Association (BILD), 2022 saw the Greater Toronto Area (GTA) experience the lowest level of new home sales since 2018. Altus Group, BILD’s official source for new home[...]

RESCON and industry partners release tower crane best practices guide

By:Building .caPosted: Nov 22nd, 2022In: ConstructionNews

The Residential Construction Council of Ontario (RESCON) and its industry partners have released a comprehensive best practices guide that outlines what mechanical, electrical and structural inspections are required prior to erecting a tower crane on[...]

Toronto area commercial real estate deals total $7B in Q2, up 43% from year ago

By:Building .caPosted: Aug 23rd, 2022In: ConstructionNews

Source: Avison Young TORONTO – A new report says the total value of commercial real estate sales in the Greater Toronto Area in the second quarter rose 43 per cent compared with a year ago.[...]

GTA home sales down 47% from last year, 24% from June: Toronto real estate board

By:Building .caPosted: Aug 5th, 2022In: ConstructionNews

TORONTO – 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[...]

GTA new condo sales slow, 10,000 to be delayed: Urbanation

By:Building .caPosted: Aug 3rd, 2022In: ConstructionNews

Greater Toronto Area (GTA) new condominium sales totaled 6,792 units in the second quarter, declining 19% from the first quarter and 24% year-over-year but remaining above the 10-year average of 6,302 sales, according to Urbanation[...]

GTA new home market slows down in April: BILD

By:Building .caPosted: May 25th, 2022In: ConstructionNews

The 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[...]

Residential construction workers on strike in the GTA: RESCON

By:Building .caPosted: May 3rd, 2022In: ConstructionNews

The Residential Construction Council of Ontario (RESCON) is advising that all collective bargaining agreements for residential construction in the Greater Toronto Area (GTA) expired April 30, 2022. The organization states that a tentative agreement has[...]

March home prices slid from February, but still up from last year: TRREB

By:Building .caPosted: Apr 6th, 2022In: ConstructionNews

TORONTO – Prospective homebuyers in the Toronto region saw a slight dip in home prices last month, but properties were still selling for an average $200,000 more than they were last March. The Toronto Regional[...]

Ontario plan for GTA transportation includes ‘conceptual’ transit lines, new highways

By:Building .caPosted: Mar 12th, 2022In: ConstructionNews

Photo by Haljackey via Wikimedia Commons Ontario has laid out a 30-year vision to grow transportation networks around Toronto, including road expansions, potential new transit networks and proposed new highways, although much of the plan isn’t fully[...]