Forget foreign buyers, focus on increasing new home supply
It looks like the figures from the Toronto Real Estate Board (TREB) were accurate; according to their survey conducted in the fall of 2016, foreign buyers in the Greater Toronto Area (GTA) accounted for 4.9% of transactions. The province just released
5 things serious buyers bring to a new home sales centre
Spring can be a busy time with many new home builders planning openings and new releases. If you’re looking to buy a new home in the Greater Toronto Area (GTA) or in the surrounding area, you have some serious weekend plans ahead of you.
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
New detached homes coming to Impressions in Kleinburg!
This spring, Arista Homes, Fieldgate Homes, and Paradise Developments are releasing a new collection of detached homes at Impressions in Kleinburg. The release is comprised of 38’ and 44’ detached homes with four- and five-bedroom plans. A few of the
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
