One segment of the property market where supply has been lagging is for single-detached homes; which has been growing at a slower pace than household formation. Photo: Reuters
Toronto has more homes to meet demand, despite rising prices
Some of the imbalance between supply and household formation in the past 5 years is due to the construction slump during the last recession
One segment of the property market where supply has been lagging is for single-detached homes; which has been growing at a slower pace than household formation. Photo: Reuters