In Toronto the approvals process costs nearly $47,000 per housing unit (on average), compared to $21,000 in Hamilton.
In 2011, average rents were just over $1,000—in 2016, they jumped to $1,242.
Rent control could devastate the rental market in Toronto.
If selling condos is more lucrative, that’s what property developers will do.
Long and uncertain building permit approval timelines make it more difficult to build in cities like Toronto.
On average, it takes more than 15 months to get a permit to build a new housing unit in Vancouver.
Council and community groups represent strongest deterrent to homebuilding in Toronto.
Average house prices up almost 140 per cent in Calgary and more than 160 per cent in Edmonton.
If taxing foreign buyers affects demand for homes in some cities, where might that demand migrate to?
In some major metropolitan areas in Canada, housing supply is not keeping up with demand.