Construction

new homes
Construction

Q1 Sets Record Lows For New Home Sales In The GTA

New home sales in March were down 16% from March 2023 and 66% below the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence.

Construction

Housing Starts Decrease By 7% Across Canada In March, 26% In Toronto

The SAAR of housing starts across Canada dropped from 260,047 units in February to 242,195 units in March.

Policy

Ford Government Zeroes In On 'Red Tape' In Sweeping New Housing Legislation

Today, the Ontario government doubled down even further on its relentless mission to speed up government processes and build homes faster.

Construction

Pace Of Housing Construction Must Double In Canada To Meet Future Growth: RBC

In a frank, and subsequently disheartening, report, RBC's Robert Hogue outlines seven major factors that must be considered if the country is serious about tackling its housing crisis.

Construction

Canadian Housing Starts Expected To Decline In 2024

Despite a desperate need for housing supply, we won’t see a notable uptick in housing starts this year.

Construction

Toronto’s Crane Count Drops To Lowest Level Since 2022 As Construction Lags

That not to say that Toronto is lacking in the crane department; the city still had 221 cranes at last count, well outpacing 13 other major markets across the US and Canada.

Construction

Port Moody Revamps Advisory Design Panel Process, Rendering Wesgroup Request Moot

The decision by the City of Port Moody to scrap the old Advisory Design Panel came just as Wesgroup Properties requested a waiver from the process.

Industry

HCRA Freezes All Albion Assets As Illegal Home Building Continues

The building industry watchdog has issued a freeze order for Albion after an investigation revealed that the company has been building homes without a licence and accepting “substantial payments” on the sale of those homes.

Construction

Canadian Housing Starts Surge 14% In February As Builders Play “Catch Up”

However, Right at Home Realty President John Lusink urges Canadians to keep expectations at bay: “We are just so far short of being able to satisfy real demand.”

Policy

Every Ontario Municipality To Qualify For The Building Faster Fund In 2023 (MAP)

Keeping track so you don’t have to: these are the municipalities that hit at least 80% of their provincially mandated housing target last year.

Construction

Park It? Toronto Eyes Parking Lots For Housing Development

The City estimates that there are around 130 public parking lots — and 74 within Major Transit Station Areas — with official plan designations that would support housing or mixed-use development.

Construction

City Of Burnaby Introduces Proposed Rates For Updated DCCs, New ACCs

​The new amenity cost charges are being introduced in response to the new provincial legislation regarding development financing.