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January sales slumped 80% below the 10-year average as Toronto's housing market slowdown continued

The Residential Construction Council of Ontario says housing starts in the Greater Toronto Area and broader Greater Golden Horseshoe region declined significantly in the first ... More

Ontario’s housing minister is acknowledging that new home construction in the province is at a “standstill,” potentially derailing the Ford government’s ... More

To lower the upfront cost of buying a new home for young Canadians and spur the construction of new homes across the country, the government is eliminating the Goods and ... More

Prime minister Mark Carney has unveiled a sweeping set of reforms aimed at addressing Canada’s deepening housing crisis, including further limits on immigration and major ... More

Greater Toronto Area (GTA) new home sales remained historically slow in February, marking the lowest ever February on record, the Building Industry and Land Development ... More

Canada’s building industry is warning that a trade war with the United States will slow down the pace of home construction.

New home sales in the Greater Toronto Area remained sluggish last month, but a new report suggests that the market is now primed for buyers following four consecutive interest ... More

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

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.

The Canada Mortgage and Housing Corporation (CMHC) has officially launched Home Start, a 30-year mortgage option for first-time homebuyers purchasing newly constructed homes. ... More

The Ontario government has introduced legislation that includes a new 10-day cooling-off period for purchases of new freehold homes.

Interest rates for builders and buyers playing into slowdown, putting dozens of housing projects on pause.

Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.

Some advocates are praising Ottawa’s move to lengthen the amortization period on insured mortgages for certain homebuyers, but say expanding the policy to all Canadians ... More

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

Prime Minister Justin Trudeau is pressuring Canada’s provinces to remove barriers to building more housing, including requiring them to freeze municipal development ... More

Canada Mortgage and Housing Corporation (CMHC) has reported an increase in the pace of home construction across the country.

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

August activity at more than 60% below the region's 10-year average sales level

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

The national trend in housing starts essentially held steady in January.

There was a decline in the 6-month moving trend in Canadian housing starts in December.

There was strong demand for newly built homes in the Greater Toronto Area in November, the latest month of data released by Altus Group.

New single-family home sales in the Greater Toronto Area increase a whopping 283%

According to a recent BILD report, these charges make a significant impact on affordability.

Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas.

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

There was some better news for the new homes market in the Greater Toronto Area in April as sales jumped 123% year-over-year.

If you’re considering a custom-built home, here’s everything you need to know.