Greater Toronto Area, December 14, 2023 – The Building Industry and Land Development Association (BILD) slammed the province’s approval of City of Toronto Official Plan Amendment (OPA) 591 yesterday as yet another example of how the…
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Provincial goal of building 1.5 million homes will not be realized without adequate land supply
Greater Toronto Area, December 11, 2023 — A new study by Malone Given Parsons Ltd. (MGP), commissioned for the Building Industry and Land Development Association (BILD) and the Ontario Home Builders’ Association (OHBA), identifies that there…
Minister Freeland’s inaction jeopardizes 128,000 new units of purpose-built rental housing supply coast to coast
Greater Toronto Area, November 28, 2023 – By not extending the new HST exemption to purpose-built rental units under construction, Minister Freeland is jeopardizing 128,000 units of new purpose-built rental (PBR) housing (of which more than…
GTA new home market flat in October
Greater Toronto Area, November 28, 2023 – The GTA new home market was flat in October, maintaining gains from September when compared to the three months of declines over the summer months, the Building Industry and…
GTA new home market returns in September
Greater Toronto Area, October 26, 2023 – The GTA new home market returned in September reversing three months of decline, the Building Industry and Land Development Association (BILD) announced today. There were 1,885 new home sales…
Ontario government decision will negatively impact housing and employment space supply for next decade
Greater Toronto Area, October 23, 2023 – The Building Industry and Land Development Association (BILD) is extremely disappointed in today’s announcement by the Ontario Minister of Municipal Affairs and Housing, the Honourable Paul Calandra, and calls…
GTA new home market quiet in August
Greater Toronto Area, September 21, 2023 – The GTA new home market was slow in August, the Building Industry and Land Development Association (BILD) announced today. There were 711 new home sales in August, which was…
Toronto’s Committee of Adjustment process contributes to delays and additional costs
Toronto, September 20, 2023 – A new study, commissioned on behalf of the professional renovation industry by the Building Industry and Land Development Association (BILD) and conducted by Altus Group Economic Consulting, found that delays and…
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GTA new home market slows in July in response to rate hike
Greater Toronto Area, August 23, 2023 – The GTA new home market slowed down considerably in July, as rising interest rates left prospective buyers cautious during what is already typically a quiet month for new home…
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GTA new home market slowed in June
Greater Toronto Area, July 24, 2023 – The GTA new home market was relatively quiet in June, with sales significantly below the 10-year average, the Building Industry and Land Development Association (BILD) announced today. There were…