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Dive into the latest buzz within the Greater Golden Horseshoe's urban development and real estate arenas in our latest report. We shine a light on the Ministry of Municipal Affairs and Housing's recent helicopter flight path zoning adjustments impacting Toronto building heights, the sale of the storied Flatiron building amidst shifting office market dynamics, and TRREB's latest findings on market conditions. We also celebrate BILD's innovative approach to honouring purpose-built rental projects and provide a glimpse into the anticipated National Home Show.
Announcements
New Flight Path MZOs Impact Toronto’s Development Horizon
Toronto’s downtown development potential gets a new ceiling with Ministerial Zoning Orders regulating heights to accommodate air ambulance flight paths, affecting St. Michael’s Hospital and SickKids.
Historic Flatiron Building's Subdued Appreciation
The iconic Flatiron building's recent sale reflects a modest price increase, highlighting the broader office market's challenges post-pandemic.
TRREB Observes Market Tightening in January 2024
January 2024 sees a surge in home sales and tighter market conditions, signalling a potential uptick in price growth as the spring market approaches.
BILD’s New Award Category Honors Purpose-Built Rental Projects
Celebrating innovation in housing, BILD introduces an award for purpose-built rental projects, emphasizing excellence in resident experience and community engagement.
Insightful Overview of BILD's Research
A comprehensive summary of BILD's research since 2018 offers key insights into factors affecting housing affordability and supply in the GTA and Ontario.
January's New Home Sales Data Reveals Market Trends
Analyzing January's new home sales data, a slight decrease from the previous year and a significant drop from the 10-year average provides a cautious market outlook.
Events
Upcoming LEEP Webinar on Tiered Code Compliance
Join industry experts in a webinar to navigate the complexities of tiered code compliance, enhancing industry knowledge and practices.
Exclusive Offer for BILD Members at the National Home Show
BILD members can explore the largest home improvement event in Canada with a special two-for-one ticket offer, showcasing a vast array of vendors and expert insights for home renovation and decor.
ORECA Networking Reception: Uniting Canada's Top Real Estate Students
Mark your calendars for Canada's largest networking reception, hosted by ORECA at CIBC Square on March 14. This event is a cornerstone for real estate students across Canada, offering unparalleled networking opportunities with peers from leading universities and the real estate industry.
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Everyone from construction workers to brokers to real estate executives are encouraged to share news with us to be featured in our weekly updates. If you have some industry-related news to share, let us know by contacting us here.
