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Wednesday , 28 September 2016
  • Condominium developers in the GTA have reason to be happy; low-rise home builders not so much, for August was a month of records for new home sales, not all of them good. High-rise homes are riding high, with 1,880 new units sold in August for a year-to-date total of 17,949. This was the highest number of new condo sales ever for the usually slow month of August, according to Altus Group, the market intelligence provider for the Building Industry and Land Development Association (BILD). But sales of new low-rise homes also hit a record low, with just 491 sales in August, a drop of 44 per cent from last year. It isn’t so much sales that are worrying for the industry; they know they could sell more houses if they had them. But the inventory of new low-rise homes available for purchase, which has “plummeted” in the years since the ... Read More »
  • Tridel named 2016 Ontario Home Builder of the Year

    Tridel named 2016 Ontario Home Builder of the Year

    Tridel, Canada’s pre-eminent condominium developer, was named Ontario Home Builder of the Year by the Ontario Home Builders’ Association at its twenty-fifth annual Awards of Distinction last week. The designation “Home Builder of the Year” is the highest honour the industry can bestow, and it is not the first time Tridel has earned it. The award reflects the high value placed on community service, community building, customer care, and professional involvement in an industry that is uniquely defined by its community-building ethos. In selecting the winner, judges consider the nominee’s performance in sales and customer service, its innovation in building design and sustainability, its involvement in the wider community through charitable organizations and community events, and its support of the home building industry through mentoring programs, educational outreach and participation in local home builder associations. In each of these areas, Tridel excels. Tridel leads the industry in researching and developing ... Read More »

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