{"id":67731,"date":"2024-10-21T20:10:10","date_gmt":"2024-10-21T20:10:10","guid":{"rendered":"https:\/\/condoy.com\/?p=67731"},"modified":"2024-10-21T20:10:11","modified_gmt":"2024-10-21T20:10:11","slug":"attainable-housing-is-in-short-supply","status":"publish","type":"post","link":"https:\/\/condoy.com\/attainable-housing-is-in-short-supply\/","title":{"rendered":"Attainable housing is in short supply"},"content":{"rendered":"\n<p>Approximately 41% of the YTD population growth in Canada this year has been in Ontario. Here\u2019s a slide from a recent presentation by Zonda Urban:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1023\" height=\"572\" src=\"https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/1-2.png\" alt=\"\" class=\"wp-image-67732\" title=\"\" srcset=\"https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/1-2.png 1023w, https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/1-2-300x168.png 300w, https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/1-2-768x429.png 768w\" sizes=\"auto, (max-width: 1023px) 100vw, 1023px\" \/><\/figure>\n\n\n\n<p>So there\u2019s an argument to be made that demand is still outpacing new housing supply in most of our major markets:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1023\" height=\"572\" src=\"https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/2-2.png\" alt=\"\" class=\"wp-image-67733\" title=\"\" srcset=\"https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/2-2.png 1023w, https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/2-2-300x168.png 300w, https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/2-2-768x429.png 768w\" sizes=\"auto, (max-width: 1023px) 100vw, 1023px\" \/><\/figure>\n\n\n\n<p>Why then are new home sales continuing to slide? A reasonable answer would be that \u2014 by design \u2014 this new housing isn\u2019t attainable to most:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1023\" height=\"574\" src=\"https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/3-1.png\" alt=\"\" class=\"wp-image-67734\" title=\"\" srcset=\"https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/3-1.png 1023w, https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/3-1-300x168.png 300w, https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/3-1-768x431.png 768w\" sizes=\"auto, (max-width: 1023px) 100vw, 1023px\" \/><\/figure>\n\n\n\n<p>The result seems to be a long-term structural shift toward more rental housing:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"574\" src=\"https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/4-1.png\" alt=\"\" class=\"wp-image-67735\" title=\"\" srcset=\"https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/4-1.png 1024w, https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/4-1-300x168.png 300w, https:\/\/condoy.com\/wp-content\/uploads\/2024\/10\/4-1-768x431.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>Source: <em>Zonda Urban<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Approximately 41% of the YTD population growth in Canada this year has been in Ontario. Here\u2019s a slide from a recent presentation by Zonda Urban: So there\u2019s an argument to be made that demand is still outpacing new housing supply in most of our major markets: Why then are new home sales continuing to slide? [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":67736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5,4],"tags":[1357,1360,1361,1356,1316,1392],"class_list":["post-67731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-torontos-condo-market","tag-housingmarket","tag-investmentproperty","tag-realestateforecast","tag-realestatenews","tag-realestatetrends","tag-realestatenews-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/condoy.com\/api\/wp\/v2\/posts\/67731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/condoy.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/condoy.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/condoy.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/condoy.com\/api\/wp\/v2\/comments?post=67731"}],"version-history":[{"count":1,"href":"https:\/\/condoy.com\/api\/wp\/v2\/posts\/67731\/revisions"}],"predecessor-version":[{"id":67737,"href":"https:\/\/condoy.com\/api\/wp\/v2\/posts\/67731\/revisions\/67737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/condoy.com\/api\/wp\/v2\/media\/67736"}],"wp:attachment":[{"href":"https:\/\/condoy.com\/api\/wp\/v2\/media?parent=67731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/condoy.com\/api\/wp\/v2\/categories?post=67731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/condoy.com\/api\/wp\/v2\/tags?post=67731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}