“The Holy Grail”: A Report on Supply and Housing Affordability

Housing prices have risen across Canada, but none more so than in Toronto and Vancouver, ranked among some of the most unaffordable cities to live in the world. TRREB’s Chief Market Analyst Jason Mercer met with researchers David Amborski and Frank Clayton from the Ryerson University Centre for Urban Research, who reviewed the Canada-British Columbia Expert Panel on the Future of Housing Supply and Affordability and examined its findings through a Greater Toronto and Hamilton Area lens. They found a land-use planning system largely unresponsive to increasing demand in housing as well as some suggestions on how to fix it.