The combination of high interest rates, elevated construction costs and slow demand is preventing builders from increasing production. See our March data release with Altus Group: ow.ly/57sf50Rn6og. #gtarealestate

The recipients of our coveted RenoMark Awards set the standard for the industry in customer service, professionalism and workmanship, President & CEO Dave Wilkes wrote in the Toronto Star.
thestar.com/life/home-and-…

Congratulations to the winners of the #RenoMarkAwards2024 ! Check out this video for a peek at the exemplary work done by the winners, then head over to renomarkawardsgta.ca/2024renomarkaw… for the complete winners list.

Luke Anderson from StopGap Foundation was a guest speaker at our #RenoMarkAwards2024 Luncheon to speak about the importance of building accessible homes and communities.

BILD President & CEO Dave Wilkes kicks off the RenoMark Awards-GTA at Chateau LePark in Vaughan today. #RenoMarkAwardsGTA

BILD applauds the Ontario Government’s commitment to annual housing legislation to address the housing supply and affordability crisis and welcomes Bill 185, the Cutting Red Tape to Build More Homes Act, 2024, as another step toward building 1.5 million new homes in the province.

Significant steps have been taken to increase housing supply, but the reality is challenges surrounding our infrastructure remains one of the most critical development bottlenecks in the #GTA . #HousingCrisis
thestar.com/business/opini…

The real estate sector is facing a catch-22—higher interest rates deter development needed to increase supply, said RBC President & CEO Dave McKay in an interview with BNN Bloomberg. #housingcrisis
bnnbloomberg.ca/dave-mckay-fai…

BILD applauds the Ontario Government for its announcement of 1.3 billion for the construction and expansion of 60 schools, which will assist in accommodating the growing population, fuel economic growth and support skilled trades in construction.
news.ontario.ca/en/release/100…

BILD applauds today’s announcement by Prime Minister Justin Trudeau and Sean Fraser, Minister of Housing, Infrastructure and Communities, of a new Canada Builds initiative to support the building of more rental #housing in Canada.

The federal government’s $6 billion investment in a new infrastructure fund is 'vital to unlocking housing supply to meet Canada’s rapidly growing population.” bildgta.ca/bild-applauds-… #housingcrisis

Thank you Councillor Brad Bradford✌️ and all the panelists for your passion in advancing the missing middle as a viable part of the solution to increasing housing supply.

With demand expected to increase during the spring, builders have been re-adding supply slowly and steadily, BILD spokesperson Justin Sherwood told the Toronto Star about Altus Group’s February new home sales data.
thestar.com/business/new-h…

BILD applauds the Ontario Government for its new $1 billion Municipal Housing Infrastructure Program & additional $625 million for the Housing Enabling Water Systems Fund. Enhancing housing supportive infrastructure is key to meeting #Ontario ’s housing objective: ow.ly/OK5O50QYUzp.

There’s been an uptick in purpose-built rental (PBR) construction, but demand continues to outstrip supply—new homes take longer to build than in the past, reported the The Globe and Mail, citing our Feb. 2023 PBR & Feb. 2024 UIOLI reports.
theglobeandmail.com/business/artic… #HousingCrisis

We are delighted to announce the #finalists in our 2024 RenoMark Awards. The winners will be revealed at our awards luncheon on April 18 at Chateau Le Parc in Vaughan: renomarkawardsgta.ca/2024renomarkaw….

“We need more housing to ensure the supply and demand curves match, which will affect the long-term affordability – and attainability of housing,” said President & CEO Dave Wilkes during the Kelly Cutrara Show on Globalnews.ca AM640 #Toronto : globalnews.ca/toronto/progra….

A new BILD and OHBA study finds a vast disparity between reported inventories and actual shovel-ready lots, President & CEO Dave Wilkes wrote in the Toronto Star.
thestar.com/real-estate/sh…

New MPAC sales data analysis shows there’s been an increase in homes above the million-plus dollar mark across a sweep of the #GTA , which underscores the need for new housing of all types, President & CEO Dave Wilkes said in the Toronto Star.
ow.ly/eM5V50QOWnn

Congratulations to the Feldman family & Camrost Felcorp on establishing the new David Feldman Centre for Real Estate and Urban Economics at Rotman School. We look forward to witnessing the impact this centre will have on the next generation of real estate leaders.