Toronto Housing Construction Increase
Sector: Residential • Location: Toronto, Ontario, Canada
Source: CTV News
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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Project Information
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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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