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Toronto Housing Construction Increase

Sector: Residential • Location: Toronto, Ontario, Canada

Source: CTV News

Project
Planned

Toronto needs to build nearly 32,000 extra homes per year for the next decade to bring housing costs back to pre-pandemic levels. This includes additional ownership starts, primary market rentals, and secondary rental market units. The current pace of construction is about 44,000 housing starts annually, and to reach 2019 prices, this needs to increase by nearly 70% to 75,565 annual starts.

Status
Prospective
Sector
Residential, Government
Location
Toronto, Ontario, Canada
Updated
22 Jul 2026
Source
CTV News

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The project “Toronto Housing Construction Increase” is an infrastructure initiative in the Residential sector, located in Toronto, Ontario, Canada. Taiyo aggregates data on it from CTV News.

Participants

Sponsoring Agency

Status

Original status

Planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Toronto needs to build nearly 32,000 extra homes per year for the next decade to bring housing costs back to pre-pandemic levels. This includes additional ownership starts, primary market rentals, and secondary rental market units. The current pace of construction is about 44,000 housing starts annually, and to reach 2019 prices, this needs to increase by nearly 70% to 75,565 annual starts.

Original sector

Built Sector

Location

Country

Canada

State

Ontario

City

Toronto

Source

Source

CTV News

URL

More Details

Record type

Project

Sector

Residential, Government

Article published date

2025-06-21

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