Housing starts in Canada are down dramatically, but no more so than in the condo market, which accounts for half or more of the housing construction in such cities as Vancouver and Toronto.
"The condo building boom has come to a crashing halt. Overall housing starts tumbled 19 per cent in November, the slowest pace of residential construction activity since late 2001.
But the decline in the vital condominium sector, which accounts for 50 to 60 per cent of housing construction in Vancouver and roughly 50 per cent of new-home building activity in Toronto, was down an even steeper 29 per cent month over month.
The housing starts fall was far steeper than had been expected, with the biggest drop in condominiums, according to Toronto-Dominion Bank economist Charmaine Buskas.
The slowdown will not be immediately evident to Canadians in major urban centres, where the skylines are dotted with tower cranes and construction workers completing previously-commissioned projects."
FULL STORY: Condo building boom screeches to a halt
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning
SFUSD joins a growing list of school districts using their land holdings to address housing affordability challenges faced by their own employees.
The Tiny, Adorable $7,000 Car Turning Japan Onto EVs
The single seat Mibot charges from a regular plug as quickly as an iPad, and is about half the price of an average EV.
Trump Approves Futuristic Automated Texas-Mexico Cargo Corridor
The project could remove tens of thousands of commercial trucks from roadways.
Austin's First Single Stair Apartment Building is Officially Underway
Eliminating the requirement for two staircases in multi-story residential buildings lets developers use smaller lots and more flexible designs to create denser housing.
Atlanta Bus System Redesign Will Nearly Triple Access
MARTA's Next Gen Bus Network will retool over 100 bus routes, expand frequent service.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Smith Gee Studio
City of Charlotte
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
US High Speed Rail Association
City of Camden Redevelopment Agency
Municipality of Princeton (NJ)