Let's Build Ontario

🏗️ As we kick off the year, let’s focus on what truly matters—building Ontario. With every new home, we’re not just addressing the housing crisis; we’re creating opportunities, strengthening communities, and laying the foundation for a better future. Let’s work together—government, industry, and communities—to make housing accessible, affordable, and abundant for all Ontarians. #LetsBuildOntario Learn more: https://lnkd.in/gPr3pr5

🏠 Ontario needs bold action to tackle the housing crisis. By reducing barriers, streamlining processes, and investing in critical infrastructure, we can build the homes our communities need. Join the movement to create housing solutions for everyone. Let’s #BuildOntario! Learn more: https://lnkd.in/gPr3pr5 

Canada’s housing starts in October 2024 remained steady, with a six-month trend of 243,522 units and an 8% monthly increase in the seasonally adjusted annual rate (SAAR). Regional shifts highlight the complexity of our housing market: ·      Ontario and British Columbia experienced declines. ·      Growth was notable in the Prairie and Atlantic provinces, showing resilience and potential for regional balance. As we work towards tackling the housing crisis, these trends emphasize the need for a balanced, nationwide approach to boost supply where it’s needed most. 💡 What do you think these trends mean for Canada’s housing future? Share your thoughts below! Learn more: https://lnkd.in/gPr3pr5

📊 CMHC's Q3 2024 report shows significant progress in supporting housing affordability across Canada. Highlights include: · 59% increase in insured multi-unit residential homes, with over 206,000 units insured YTD. · New government reforms expanding 30-year amortizations and raising insured mortgage caps to $1.5M. · Continued low arrears at 0.30%, reflecting stability in the housing finance system. These measures aim to lower borrowing costs for developers and make homeownership more attainable for Canadians. Let’s continue building a future where housing is accessible for all Canadians. Learn more: https://lnkd.in/gPr3pr5 https://lnkd.in/eyjHUyq7

🏡 Toronto Housing Market Forecast 2025 Re/Max’s latest report predicts flat home prices in Toronto for 2025, with only a 0.1% increase and sales rising by 12.5%. The market is expected to be driven by move-up buyers, as affordability challenges and high-stress tests continue to deter first-time buyers, who typically make up 30-40% of the market but now account for only 10%. While the broader Canadian housing market anticipates a 5% price increase fueled by interest rate cuts and increased optimism, Toronto faces unique challenges that slow its recovery. Is the future of Toronto’s market tied to a resurgence of first-time buyers, or will move-up buyers continue to dominate? Learn more: https://lnkd.in/gPr3pr5 Read more: https://lnkd.in/eNM_WmA

🌡️ Protecting Tenants During Heatwaves Toronto is exploring a new bylaw to cap apartment temperatures at 26°C during extreme heat, ensuring tenants have a safe and livable environment. While current laws mandate a minimum of 21°C in the winter, there is no equivalent for summer heat. This proposed bylaw aims to bridge that gap and address health and safety risks as heatwaves become more frequent. How do you think this will shape the future of tenant protections? #TorontoHousing Learn more: https://lnkd.in/gPr3pr5 

🏠 Ontario is growing, and so is the need for housing. Let’s work together to create the homes our communities deserve. Join the movement and help us build a fairer, more balanced housing market. #LetsBuildOntario Learn more: https://lnkd.in/gPr3pr5 

A new expert report highlights how mid-rise apartments—six-story buildings on major streets—are key to solving Ontario’s housing crisis. To reach the goal of 1.5M homes by 2031, we need bold reforms like: ·      Eliminating parking minimums ·      Legalizing mid-rise housing in more areas ·      Simplifying approvals and cutting red tape ·      Using cost-efficient construction methods This isn’t just about policy—it’s about creating livable communities across Ontario. Let’s work together to unlock mid-rise housing and build a better future for everyone. Read more: https://lnkd.in/gGUgBX9J Learn more: https://lnkd.in/gPr3pr5 

📢 Ontario needs housing reform now! A report by Smart Prosperity Institute shows Ontario lagging in building homes, with just 29 housing starts per 100 newcomers—compared to Quebec’s 47. This shortage has created record-low vacancy rates, soaring rents, and increased homelessness. The time for action is now. Let’s build homes and create a future where everyone has a place to call home. https://lnkd.in/eqCaVZHw Learn more: https://lnkd.in/gPr3pr5 

🏘️ Ontario’s housing needs are growing, and together, we can be part of the solution. Let’s work towards creating homes for everyone and building a better future. Sign up today! #LetsBuildOntario Learn more: https://lnkd.in/gPr3pr5