9/13/2024 | Posted in New Developments by Michael Antczak
  SHARE

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

Real Estate & Mortgage News

  5/2/2024 | Posted in New Developments by Michael Antczak
  SHARE

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 trend ... More

Real Estate & Mortgage News

  10/5/2023 | Posted in New Developments by Michael Antczak
  SHARE

The number of new single-detached houses under construction in the first half of 2023 was down 25% compared to last year. ... More

Real Estate & Mortgage News

  9/22/2023 | Posted in New Developments by Michael Antczak
  SHARE

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

Real Estate & Mortgage News

  8/18/2023 | Posted in New Developments by Michael Antczak
  SHARE

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 is ... More

Real Estate & Mortgage News

  7/24/2023 | Posted in New Developments by Michael Antczak
  SHARE

Although new home sales in the Greater Toronto Area were up in June, the Building Industry and Land Development Association (BILD) says sales have dipped “significantly ... More

Real Estate & Mortgage News

  3/24/2020 | Posted in New Developments by Michael Antczak
  SHARE

Building construction investment in Canada edged higher in January with a 0.5% rise compared to the previous month. ... More

Real Estate & Mortgage News

  1/7/2020 | Posted in New Developments by Michael Antczak
  SHARE

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

Real Estate & Mortgage News

  12/10/2019 | Posted in New Developments by Michael Antczak
  SHARE

There were some slight increases but the 6-month trend was essentially unchanged ... More

Real Estate & Mortgage News

  11/5/2019 | Posted in New Developments by Michael Antczak
  SHARE

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

Real Estate & Mortgage News

  10/8/2019 | Posted in New Developments by Michael Antczak
  SHARE

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

Real Estate & Mortgage News

  6/27/2019 | Posted in New Developments by Michael Antczak
  SHARE

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% from ... More

Real Estate & Mortgage News

  3/27/2019 | Posted in New Developments by Michael Antczak
  SHARE

Yet sales were still well below the 10-year average, while benchmark prices showed slight moderation from the previous month. ... More

Real Estate & Mortgage News

  11/13/2018 | Posted in New Developments by Michael Antczak
  SHARE

The increase came as the annual pace of urban starts climbed by 8.6 per cent in October to 191,964 units. ... More

Real Estate & Mortgage News

  7/6/2018 | Posted in New Developments by Michael Antczak
  SHARE

Canada's steel tariffs will significantly increase the prices of structural steel products. ... More

Real Estate & Mortgage News

  12/10/2017 | Posted in New Developments by Michael Antczak
  SHARE

Canada Mortgage and Housing Corp. says the pace of housing starts picked up in November, with condo building in Toronto driving the trend.   ... More

Real Estate & Mortgage News

  8/10/2017 | Posted in New Developments by Michael Antczak
  SHARE

The federal housing agency says home construction picked up last month. The annual pace of urban home construction increased by 5.5 per cent to 206,122 units, driven by a ... More

Real Estate & Mortgage News

  1/10/2017 | Posted in New Developments by Michael Antczak
  SHARE

Canada Mortgage and Housing Corp. says the seasonally adjusted annual pace of housing starts in December came in at 207,041 units, up from 187,273 in November. ... More

Real Estate & Mortgage News

  7/8/2015 | Posted in New Developments by Michael Antczak
  SHARE

Canadian building permits fell more than economists forecast in May, with declines across all major types of projects from hospitals to condominiums and industrial sites. ... More

Real Estate & Mortgage News
Ask Michael Antczak

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.