Preliminary estimates from the Canadian Housing Statistics Program show that from 2021 to 2022, the residential property stock—all residential properties, excluding vacant land—grew by 1.3% in Ontario, slower than the 1.5% rate of growth from 2020 to 2021. In the Toronto census metropolitan area (CMA), the stock of residential properties grew by 1.7% (representing 29,905 net new properties) from 2021 to 2022, compared with 1.9% (+33,520 net new properties) from 2020 to 2021.
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