Famous for its focus on dense, infill development and quickly ascending skyline, the Toronto housing market is still plagued by rising housing costs at the single-family detached homes end of the spectrum.
"Builders and real estate experts from both the new and resale home sectors are banding together to warn consumers - and politicians - they are worried about the skyrocketing costs of housing," reports Susan Pigg.
"After almost a decade of finding 'creative ways' to build more affordable housing — more condos rather than costly low-rise houses, and suites that now average just 767 square feet compared to 908 square feet in 2006 — developers fear they are hitting a wall."
In effect, the concern reported in this article has to do with single-family homes, which have not been developed at the same pace as condos, due to the effects of the Greenbelt and Places to Grow Legislation, passed ten years ago with the goal of easing sprawl. That legislation is up for a ten-year review, expected for release in a few weeks.
The article includes a lot more detail about the unique market, and the affordability pressures, of the Toronto area.
FULL STORY: Skyrocketing cost of housing worries builders, realtors
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
Google Maps Introduces New Transit, EV Features
It will now be easier to find electric car charging stations and transit options.
Ohio Lawmakers Propose Incentivizing Housing Production
A proposed bill would take a carrot approach to stimulating housing production through a grant program that would reward cities that implement pro-housing policies.
Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
City of Universal City TX
ULI Northwest Arkansas
Town of Zionsville
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.