by Brandon Reay | Jul 18, 2025 | Boards & Associations, Columnists
In May 2025, just 42 new condominium apartments were sold in the City of Toronto. That’s a 69 per cent drop year-over-year, and a staggering 97 per cent below May 2021. Across the entire GTA, only 345 new homes sold: 208 single-family and 137 condos. According to...
by Courtney Zwicker | May 29, 2025 | News
New home sales were “extremely” low in April, new data shows, and Toronto builders say the federal government’s proposed relief for first-time buyers won’t be enough to revive the market. The Building Industry and Land Development Association, the voice of 1,000...
by REM Editorial Team | Apr 1, 2025 | News
Only 400 new homes and condos were sold in the Greater Toronto Area last month—while nearly 22,000 units sat on the market—marking the worst February on record for the sector, according to new data from the Building Industry and Land Development Association (BILD)....
by REM Editorial Team | Jun 29, 2023 | News
The Greater Toronto Area’s (GTA) new home market experienced a significant boost in May, marking the first year-over-year increase in over a year, according to the Building Industry and Land Development Association (BILD). With 3,109 new home sales recorded,...