Sale prices in the Greater Toronto Area at the end of 2016 were almost 110 per cent higher than a decade prior.
At last count, the GTA rental vacancy rate was 1.1 per cent.
Survey says large majorities of homeowners in Metro Vancouver and the Greater Toronto Area want housing prices to stop rising.
Ontario’s population may grow by 30 per cent, from 14.2 to 18.5 million.
The Wynne government almost exclusively targeted housing demand—not supply.
Employment growth has been lopsided, with the GTA and adjacent areas reaping most of the benefits.
Without the OMB as a scapegoat, councillors must now make tough decisions themselves.
Historically low interest rates have enabled families to more than double their mortgage borrowing power since 2000.
Toronto, Vancouver and other high-demand cities should focus on getting more housing built, at a quicker pace.
Considering current amalgamation movements in Canada, there’s strong evidence that many do not yet grasp the importance of decentralization.