housing supply

9:13AM
Printer-friendly version

Metro Vancouver’s housing crunch exists primarily because there aren’t enough new homes getting built.


1:34PM
Printer-friendly version

The price of homes—like the price of anything—is determined by both demand and supply.


12:12PM
Printer-friendly version

In Toronto the approvals process costs nearly $47,000 per housing unit (on average), compared to $21,000 in Hamilton.


9:30AM
Printer-friendly version

In 2011, average rents were just over $1,000—in 2016, they jumped to $1,242.


3:44PM
Printer-friendly version

Long and uncertain building permit approval timelines make it more difficult to build in cities like Toronto.


2:57PM
Printer-friendly version

On average, it takes more than 15 months to get a permit to build a new housing unit in Vancouver.