cover image: Tall and Sprawl: - The distribution of housing stock growth in the Greater

Tall and Sprawl: - The distribution of housing stock growth in the Greater

29 Oct 2023

We also recognize the support of the University of Toronto and the Munk School of Global Affairs and Public Policy as the Ontario 360 project’s intellectual and administrative home. [...] because the 34-kilometre mark roughly In other words, slightly more than half of captures the extent of the GTA’s contiguous the GTA’s housing stock growth occurred urban area, meaning that much of the in the fastest-growing fifth (22.0%) of GTA growth observed beyond this line is neighbourhoods, while the majority of occurring in new subdivisions built on neighbourhoods experienced slower growth. [...] Further development is required in slow-growing neighbourhoods The most obvious lesson stemming or far away from the core, but well over from the data presented in the previous a third of census tracts (38.7%, or 370) section is that without a greater share of located in this area exhibited a net loss in neighbourhoods shouldering more of the housing stock. [...] In this regard, it is in neighbourhoods such as the Annex, unsurprising that many of the census tracts Rosedale and Cabbagetown—all among closest to the GTA’s core exhibited the the most expensive in the Canada—actually most housing stock growth between 2016 lost more housing than they gained between and 2021, and that relatively less growth 2016 and 2021. [...] share of growth occurred in the GTA’s The same can be argued regarding most core, but rather that the rate of housing of the districts lying between 3 and 34 stock growth falls steeply in the areas kilometres from Union Station, which have immediately beyond the core.

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Canada