Comment by bryanlarsen
Comment by bryanlarsen 2 days ago
Edmonton housing prices have gone up in 2025, Toronto's have declined. Alberta's population is growing, Ontario's is shrinking.
Those are the two factors explaining the housing starts, not the ineffectual rent control that exists in Ontario.
I think you're neglecting that most of Toronto is restrictively zoned for SFHs while Edmonton is upzoned across the city for 8-plexes at a minimum.
Toronto has a cumbersome permitting process that runs from months to years, while Edmonton's process is mostly automated and grants permits within weeks.
Regardless, the other relevant factor here is the actual price of housing, which is substantially higher in Toronto... and yet Toronto struggles (by design) to build anything.