New Home Sales Remain Low in May
Over the past month, Building Industry and Land Development Association (BILD) has been quite vocal about the effect that development fees have on affordability. They recently released a report outlining how much development fees and other associated
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.
How to Choose Kitchen Cabinets for Your New Home
For most families, the kitchen is the heart of the home. When it comes time to choose the new finishes for your new home, the kitchen will often, and should be the room that takes the most research. The planning you do ahead of time can make a big
Ontario housing starts stable thanks to strong demand in new home market
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts data for September 2017, announcing that the trend decreased for the first time in many months. National housing starts trended at 214,821 units, which is slightly lower than