Build for Growth

In The GTA 2018

Housing affordability has become a significant challenge in our region—not enough new housing is being built to meet demand in the GTA.

In October municipal elections will be held across the GTA. Housing affordability and availability are key issues that must be considered this year.

Municipal governments play a significant role in setting the conditions that make it possible to add new housing, and update and renovate homes. If they do not take steps to correct this problem housing costs could become even more of a challenge for many residents of the GTA.

To learn more about how our communities can build for growth check out our resources.

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About

Around the Greater Toronto Area (GTA), there is a lot of discussion about housing affordability and availability. People are concerned about where young families and first-time home buyers will live, or if they will be able to afford to live in the GTA at all.

Underlying all of these discussions is a simple fact – there is simply not enough new housing being built to meet demand in the GTA, increasing prices and making affordability a challenge for many.

Demand for housing in the GTA is high. 9.7 million people will live in the GTA by 2041. That’s 115,000 new residents per year and housing them require 50,000 new homes to be built every year.

Only 38,000 homes were built last year in the GTA This shortfall was not unique to 2017. Why is there a supply shortage when demand is so high?

Some of the factors impacting the GTA housing supply are the layers of bureaucratic red tape and the outdated regulations that have stalled development times for new housing. In some cases, it can take up to a decade to get the necessary approvals to build housing. These barriers slow new housing supply and increase the price.

Price is further increased by the fees, taxes and charges added to new housing by all layers of government, negatively impacting affordability.

Practical steps can be taken to help fix the supply problem and improve affordability. Things like making sure the right infrastructure is in place that will support the development of new housing, modernizing outdated bylaws and cutting red tape. These forward steps will allow new projects to move forward at a faster pace.

Make your voice heard this municipal election by supporting municipal candidates who will make housing affordability and increasing housing supply a priority. Please take our pledge or send a letter to your local candidate.

Municipalities can make a difference to housing affordability. Together we can build better cities.

Take Action

Send a message to candidates in the municipal election—City Councils must address issues of affordability and housing choice in the GTA.

If we want to build more houses, faster, to increase affordability and availability, we should look at what can be done at the local level. Compared to all other layers of government, municipalities have the most direct influence over where new housing will go, what type it will be and the number of homes built.

We need local leaders who will ensure our neighbourhoods can reach their full potential and remain affordable, comfortable places to call home.

Media

GTA traffic is in desperate need of a western transportation network

THE STAR – August 3, 2018

Why it is difficult to get on the housing ladder

THE STAR – July 27, 2018

Toronto has lots of room to grow. It’s time to let that happen

THE GLOBE AND MAIL – July 27, 2018

York Region is struggling to build for the future

THE STAR – July 21, 2018

Build more diverse housing options to meet demand, Ryerson action plan advises

THE STAR – July 17, 2018

Summer is the perfect time for home renovations

THE STAR – July 13, 2018

‘Market has bottomed out’: Housing prices in Toronto region set to climb again after brief slump

THE FINANCIAL POST – July 10, 2018

Real estate experts predict a return to normal for slumping GTA housing prices

THE STAR – July 10, 2018

Let’s build our way to affordable housing with the ‘missing middle’

THE STAR – July 6, 2018

Housing affordability at ‘crisis level’ in Canada’s most expensive market, say economists

CBC – July 3, 2018

Tight housing supply market a growing problem in the GTA

THE STAR – June 30, 2018

Keep some perspective about urban and suburban growth

THE STAR – June 23, 2018

Millennials and housing: ‘The kettle is close to boiling’

THE GLOBE AND MAIL – June 19, 2018

Ontario’s policy for reducing urban sprawl has come with pricey setbacks

THE STAR – June 16, 2018

How can Doug Ford fix Toronto-area housing?

THE STAR – June 15, 2018

Decline in Ontario home prices unlikely to persist: CMHC

THE GLOBE AND MAIL – June 14, 2018

Haunted by housing: Millennials let rip about their home ownership frustrations

THE GLOBE AND MAIL – June 12, 2018

Approval of laneway housing plan a small step toward addressing Toronto’s massive housing needs

THE STAR – June 10, 2018

Toronto drop drives Canadian housing starts to lowest in a year

THE FINANCIAL POST – June 8, 2018

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