9/13/2024 | Posted in New Developments by Stephen Gale
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The total value of building permits surged by 22.1% month-over-month to $12.39 billion in July 2024, far exceeding market expectations of a 2.5% increase, following an upwardly ... More
8/28/2024 | Posted in Canadian Housing Market by Stephen Gale
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A home building industry association says new home sales in July were at an all-time low, and is calling on urgent action from the government.
... More 5/22/2024 | Posted in Canadian Housing Market by Stephen Gale
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Interest rates for builders and buyers playing into slowdown, putting dozens of housing projects on pause.
... More 5/2/2024 | Posted in New Developments by Stephen Gale
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As of the beginning of April, 2024, 324 cranes towered over the skies of the Greater Toronto and Hamilton Area (GTHA), representing a slight, but persistent, downward ... More
4/16/2024 | Posted in Canadian Housing Market by Stephen Gale
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.
... More 4/4/2024 | Posted in Canadian Housing Market by Stephen Gale
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Canadian homebuilders are expected to dial back new construction for a third straight year in 2024 as elevated borrowing costs reduce the appeal of starting projects, ... More
4/2/2024 | Posted in Government and Regulation by Stephen Gale
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Prime Minister Justin Trudeau is pressuring Canada’s provinces to remove barriers to building more housing, including requiring them to freeze municipal development ... More
3/18/2024 | Posted in Canadian Housing Market by Stephen Gale
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Canada Mortgage and Housing Corporation (CMHC) has reported an increase in the pace of home construction across the country.
... More 10/6/2023 | Posted in Canadian Housing Market by Stephen Gale
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A recent report from the Canadian Centre for Policy Alternative(opens in a new tab) shows that new housing construction is at a lower level today than it was at the worst point ... More
9/22/2023 | Posted in New Developments by Stephen Gale
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August activity at more than 60% below the region's 10-year average sales level
... More 8/18/2023 | Posted in New Developments by Stephen Gale
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Many Canadian homebuyers waiting patiently for construction to finish on their pre-sale unit are being met with cancellation notices from developers. The building environment ... More
4/8/2020 | Posted in Canadian Housing Market by Stephen Gale
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The trend in housing starts was 204,717 units in March 2020, compared to 209,109 units in February 2020, according to Canada Mortgage and Housing Corporation (CMHC).
... More 4/3/2020 | Posted in Ontario Real Estate by Stephen Gale
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Speaking from Queen’s Park on Friday afternoon, Ontario Premier Doug Ford announced a halt to all residential construction in the province.
... More 3/24/2020 | Posted in New Developments by Stephen Gale
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Building construction investment in Canada edged higher in January with a 0.5% rise compared to the previous month.
... More 3/9/2020 | Posted in Canadian Housing Market by Stephen Gale
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The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC).
... More 2/10/2020 | Posted in Canadian Housing Market by Stephen Gale
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The national trend in housing starts essentially held steady in January.
... More 2/3/2020 | Posted in Toronto Real Estate by Stephen Gale
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Developers are betting on new projects in some of Toronto’s oldest suburbs to attract millennials fleeing from the main city area’s inflamed home prices.
... More 1/10/2020 | Posted in Canadian Housing Market by Stephen Gale
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There was a decline in the 6-month moving trend in Canadian housing starts in December.
... More 1/7/2020 | Posted in New Developments by Stephen Gale
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There was strong demand for newly built homes in the Greater Toronto Area in November, the latest month of data released by Altus Group.
... More 12/10/2019 | Posted in New Developments by Stephen Gale
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There were some slight increases but the 6-month trend was essentially unchanged
... More 11/3/2019 | Posted in Ontario Real Estate by Stephen Gale
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Ontario home warranty provider will require greater disclosure and information sheets.
... More 10/8/2019 | Posted in New Developments by Stephen Gale
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The value of building permits issued by Canadian municipalities rose 6.1% to $9.0 billion in August, largely because of increases in multi-family and industrial permits. Gains ... More
9/10/2019 | Posted in Canadian Housing Market by Stephen Gale
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The pace of new housing starts in August climbed 1.9 per cent compared with July as the housing market rebounded from its recent slowdown.
... More 8/14/2019 | Posted in Canadian Housing Market by Stephen Gale
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The trend in housing starts was 208,970 units in July 2019, compared to 205,765 units in June 2019, according to Canada Mortgage and Housing Corporation (CMHC).
... More 7/11/2019 | Posted in Canadian Housing Market by Stephen Gale
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Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas.
... More 6/27/2019 | Posted in New Developments by Stephen Gale
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There was strong activity in the Greater Toronto Area’s new homes market in May: 4,794 new homes were sold in the month, up 94% ... More
6/26/2019 | Posted in Toronto News by Stephen Gale
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Oxford Properties Group is planning a US$3.5 billion development in downtown Toronto that would be one of Canada’s biggest real estate projects.
... More 6/24/2019 | Posted in Canadian Housing Market by Stephen Gale
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The residential construction sector led the gains for overall Canadian construction investment in April, the latest month of figures released by Statistics Canada.
... More 6/11/2019 | Posted in Canadian Housing Market by Stephen Gale
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The trend in housing starts was 201,983 units in May 2019, compared to 205,717 units in April 2019, according to Canada Mortgage and Housing Corporation (CMHC).
... More 6/6/2019 | Posted in GTA Real Estate by Stephen Gale
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There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year.
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