Publication: Industry News

  • Condo Market : Floorplan Reading 101

    Purchasing a new condominium suite early in the selling cycle is a wise decision nowadays in the Greater Toronto Area. Chances are, by the time you move in, your new home will be worth more than you paid for it. It is also likely that you purchased from a floorplan rather than being able to…

  • New Provincial Plan Will Have Some Unintended Consequences

    The estimate from many of our clients on the extent of nonresident buyers in today’s GTA market is less than 6 per cent. A similar tax in Vancouver immediately depressed sales volume by 40 per cent and prices by 10 per cent before stabilizing, but Toronto is a different market.

  • Consumer Protection: For Now, It Is Business As Usual At Tarion

    You may have read the news reports: In late March, the Ontario government announced it intends to make substantial structural changes to Tarion by splitting it into two new Delegated Administrative Authorities (DAA). One will continue with Tarion’s current warranty provider mandate, and the other will continue with Tarion’s current building regulator mandate.

  • Demand For New Homes Continues To Outpace Supply

    In April, demand for new homes in the GTA continued to outpace supply and prices for all types of available new homes were up significantly, the Building Industry and Land Development Association (BILD) announced May 24, 2017.

  • Housing Plan Does Little To Address The Real Problems With New Housing Supply

    The measures announced by the government are largely aimed at addressing the symptoms of our housing problems. They do little to address the underlying issue, which is that not enough new housing and not the right mix of housing is being built to keep up with consumer demand or the housing needs of this region.

  • Celebrating Building Excellence In Ontario

    What distinguishes a good home builder from a great one? Tarion believes that great home builders not only build quality homes, but also listen to their customers. Great builders take care of their buyers long after the agreement is signed, and can be counted on as their homeowners turn every square foot of their new…

  • Gta Home Sales Drop In April

    According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017.

  • Greenpark Group Celebrates 50 Years Of Building Trust

    It all started with three homes in 1967. Today, Greenpark Group has more than 72,000 homes and condos to its name and is celebrating 50 years in business as one of Canada’s most storied builders.

  • Housing Supply Crisis Continues To Shatter Market Records

    In March, the GTA’s housing supply challenges resulted in record smashing prices, continued unprecedented inventory scarcity, and a never seen before level of new condo apartments sales, the Building Industry and Land Development Association (BILD) announced last week.

  • Consumer Protection: New Homeowners Have Spoken

    Yes, once again it’s that time of year when Tarion presents the Homeowners’ Choice Awards — the only awards that give Ontario’s new home owners the power to have their builder recognized for outstanding performance.

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