Greater Toronto Area, November 25, 2025 – New home sales in the Greater Toronto Area (GTA) have now hit historic lows for the thirteenth straight month, falling even further below last year’s record-setting low for October,…
Category: Uncategorized
Housing Industry Responds to Budget 2025: “From a promise of 500,000 new homes – to a plan that will cost 100,000 jobs”
Greater Toronto Area, November 5, 2025 – The Large Urban Centre Alliance, co-facilitated by the Building Industry and Land Development Association (BILD), is deeply disappointed and concerned with the federal budget’s response to the serious crisis…
Low GTA new home sales continued in September across all product types
Greater Toronto Area, October 28, 2025 – With Greater Toronto Area (GTA) new home sales continuing at historic lows across all product types, and other major markets facing similar conditions, the upcoming 2025 Federal Budget and…
Read More from Low GTA new home sales continued in September across all product types
JOINT STATEMENT: Ontario’s Housing Sector United in Call for Bold, Coordinated Action
Toronto, October 27 2025 — Ontario is facing a housing emergency. Projects are stalling, builders are cancelling developments, and families and individuals are being priced out of the market. As the provincial and federal governments prepare…
Read More from JOINT STATEMENT: Ontario’s Housing Sector United in Call for Bold, Coordinated Action
Government intervention required immediately to avoid a severe housing downturn
Greater Toronto Area, September 23, 2025 – With Greater Toronto Area (GTA) new home sales stagnating at historic lows, other major markets facing similar conditions, and signs of the contagion spreading, governments can no longer ignore…
Read More from Government intervention required immediately to avoid a severe housing downturn
“What More Evidence Is Needed?” – BILD urges intervention as GTA new home sales remain at all-time lows
Greater Toronto Area, August 27, 2025 – Greater Toronto Area (GTA) new home sales remain exceedingly low, eclipsing the 1990s downturn, with July sales remaining at low levels not seen in decades, the Building Industry and…
Canada’s Large Urban Housing Sector Unites: Coalition of Home Builders and Rental Providers Offers Federal Housing Solutions
Greater Toronto Area, August 7, 2025 – The Large Urban Centre Alliance, representing home builders and rental providers from cities that account for more than 50 per cent of Canada’s annual housing starts, has provided the…
GTA New Home Sales Remain at Near-Historic Lows in June Amid Prolonged Downturn
Greater Toronto Area, July 24, 2025 – Greater Toronto Area (GTA) new home sales remained extremely low in June, showing no fundamental change from previous months and continuing to indicate a stalled market, the Building Industry…
Read More from GTA New Home Sales Remain at Near-Historic Lows in June Amid Prolonged Downturn
GTA new home sales very low in May — action on development charges and new home GST/HST reform urgently needed
Greater Toronto Area, June 24, 2025 – Greater Toronto Area (GTA) new home sales remained at historic lows in May. Little change was seen from earlier months and May marked the eighth consecutive month of record…
41,000 jobs, 23,000 annual housing starts and $10 billion in investment at risk — third-party analysis underscores the implication of inaction on broad GST/HST relief for new homes
Greater Toronto Area, June 23, 2025 – A new article by Altus Group, prepared for the Building Industry and Land Development Association (BILD) and the Ontario Home Builders’ Association (OHBA) demonstrates that without significant intervention to…