Toronto Housing Market Year in Review & Outlook Report 2019

This year’s report is all about envisioning housing options and supply for liveable communities. In addition to sharing the latest Greater Toronto Area housing market and commercial real estate data, TREB worked with several partners to contribute insightful research on this year’s key themes.

MARKET YEAR IN REVIEW & OUTLOOK REPORT – EXECUTIVE SUMMARY

MARKET YEAR IN REVIEW – WITH SURVEY RESULTS FROM IPSOS

> Affordability Prompted a Lull in Demand in 2018 > Supply of Listings Remained a Problem in 2018 > Price Growth Varied by Time of Year and Type > Profile of Recent Home Buyers > Housing Market Conditions and the Economy

MARKET OUTLOOK – WITH SURVEY RESULTS FROM IPSOS

> Buying Intentions > Borrowing Costs Could Trend Lower in 2019 > Demographic and Labour Force Factors > 2019 TREB MLS® System Sales Outlook > 2019 TREB MLS® System Price Outlook

SUBMISSIONS FROM PROVINCIAL & MUNICIPAL ELECTED OFFICIALS

> Affairs & Housing, Province of Ontario > His Worship John Tory, Mayor, City of Toronto > Bonnie Crombie, Mayor, City of Mississauga > The Regional Municipality of York > Officer, Region of Peel

INCREASING THE SUPPLY OF “MISSING MIDDLE” HOUSING – FROM THE CENTRE FOR URBAN RESEARCH AND LAND DEVELOPMENT

> What is Missing Middle Housing and Why > Should We Be Constructing a Lot More? > Missing Middle Housing has Fallen Sharply Since the Mid-2000s > Latent Demand for New Missing Middle Housing in Toronto > Primary Reasons Why More Mid-Density Housing is Not Being Built > What are the Options?

THE WAY TO GO – RESEARCH FROM THE PEMBINA INSTITUTE

> Building Liveable Cities with Transit-Supportive Development > Transit-Supportive Development Can Lower Housing and Transportation Costs > Transit-Supportive Development Can Increase the Housing Supply > Recommendations to Prioritize Transit-Supportive Development > Policy Actions are Needed in Four Strategic Areas