Announcements

Ontario Tables Legislation to Accelerate Home and Infrastructure Development
The Province of Ontario has introduced the Protect Ontario by Building Faster and Smarter Act, 2025, alongside an additional $400 million in funding to streamline approvals and expand housing-enabling infrastructure. If passed, the legislation would harmonize development charges, simplify municipal planning processes, and extend expedited transit project measures across Ontario. The combined funding for the Housing-Enabling Water Systems Fund and Municipal Housing Infrastructure Fund now totals nearly $2.3 billion.

April Home Sales Down Year-Over-Year Despite Seasonal Uptick
GTA home sales rose modestly in April compared to March, but remained 23.3% below levels from the same time last year, according to the Toronto Regional Real Estate Board (TRREB). Increased inventory and cautious buyer sentiment, driven by borrowing costs and economic uncertainty, continue to weigh on overall market activity. The average selling price declined 4.1% year-over-year to $1,107,463, while greater listing supply gave buyers more leverage in negotiating prices.

GTA New Home Sales Remain Critically Low for Sixth Consecutive Month
March, 2025 marked another record low for new home sales in the GTA, with only 385 units sold, 68% below last year and 87% below the 10-year average. Both condominium and single-family home segments saw sharp year-over-year declines, as market uncertainty and construction costs continued to deter buyers. With housing starts also down more than 50% from the previous year, the Building Industry and Land Development Association (BILD) is calling on all levels of government to reduce fees and support housing supply.

Mississauga Building Inspections Surge as City Accelerates Housing Goals
Mississauga’s building officials conducted over 104,000 inspections in 2024, a 10% increase from the previous year. With more than 95% of the 11,627 units under construction classified as high-rise apartments, inspectors are addressing increasingly complex structural and safety requirements. Recent Council approvals include major development charge reductions and an updated Official Plan targeting 370,000 new units by 2051.

Brampton Launches Public Engagement for Invasive Species Management Strategy
The City of Brampton is developing its first Invasive Species Management Strategy to address the growing threat of non-native plants and pests such as the Common Buckthorn and Spongy Moth. Part of the City’s Grow Green Environmental Master Plan, the strategy will guide efforts in prevention, detection, and long-term management of invasive species across Brampton’s natural areas. Residents and stakeholders are invited to complete an online survey by August 29 to help shape the plan.

Events & Awards

BILD Celebrates Renovation Excellence with 2025 RenoMark Awards
BILD has announced the winners of the 2025 GTA RenoMark Awards, recognizing top-performing renovators and custom home builders across 17 categories, based on 88 submissions judged by 26 industry experts. Team Shane was named Renovator of the Year, with other major honours awarded to Pionova Inc., Bachly Construction, and Pine Glen Homes for projects in home and space renovations. 

BILD Awards Set to Honour Excellence in GTA Homebuilding on May 29
The 2025 BILD Awards will take place on May 29 at Universal Event Space in Vaughan, celebrating design, construction, and marketing across the GTA’s homebuilding industry. Established in 1980, the annual event recognizes contributions from BILD members, with finalists announced across multiple categories. Registration is now open for sponsors and finalists, with general member booking beginning May 6.

BOMA Toronto’s Annual Golf Classic Returns June 23
BOMA Toronto will host its Annual Golf Classic on June 23 at both Station Creek and Bethesda Grange golf courses in Gormley, offering a full day of golf, networking, and festivities. The event begins with breakfast and a shotgun start, followed by lunch on the links and a 19th Hole Reception with dinner, prizes, and contests. Members and non-members are invited to register.

OHBA to Host Inaugural Golf Classic at Osprey Valley on June 23
The Ontario Home Builders' Association (OHBA) will debut its first-ever Golf Classic on June 23 at Osprey Valley, the host course of the 2025 RBC Canadian Open. With 128 spots available, the event offers a full day of golf, networking, exclusive on-course activations, and a post-tournament dinner and silent auction. Registration is open to both members and non-members.

BOMA Toronto’s Celebration of Excellence Gala Set for May 29
BOMA Toronto will host its annual Celebration of Excellence Gala on May 29 at the Fairmont Royal York, honouring top performers in commercial real estate and property management. Awards will be presented across several categories, including BOMA BEST, Pinnacle, TOBY, and Individual Awards of Excellence. The evening begins with a reception followed by dinner and the awards ceremony in the Canadian Room.

CREST Awards Info Session to Support 2025 Applicants on June 4
BOMA Toronto will host a free online information session on June 4 to guide participants through the submission process for the 2025 CREST (Commercial Real Estate Sustainability Trailblazers) Awards. Attendees will receive tips on strengthening entries, hear insights from past winners, and learn about this year’s new opportunity to compete nationally through the BOMA Enspire Awards. The awards event itself is scheduled for September 9.

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