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Toronto Community Housing Corporation (TCHC) is a public housing agency in Toronto, Ontario. It is the largest social housing provider in Canada with over 58,000 units across 2,100 buildings and approximately 105,000 residents. [1] It is the second-largest housing provider in North America, behind the New York City Housing Authority. [2]
In 2016, Canada had a total housing stock of approximately 14 million units. Out of this, social housing units accounted for were 3 percent, which is around 425,000 units. Meanwhile, Germany accounted for 30 percent of social housing units compared to their total housing stock, and Sweden accounted for 20 percent. [8]
Toronto is the centre of this boom, with 17,000 new units being sold in 2005, more than double second place Miami's 7,500 units. [9] Toronto's condo population has grown from 978,125 in 2011 to 1.478 million people in 2016 representing 54.7% of the city population according to Toronto Condo News .
In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3] By 2018, home-owning costs were above 1990 levels when Canada saw its last housing bubble burst. [4] Bloomberg Economics ranked Canada as the second largest housing bubble across the OECD in 2019 [5] and 2021 ...
Map of Toronto including the former municipalities that existed before 1998. The Old Toronto district is, by far, the most populous and densest part of the city. It is also the business and administrative centre of the city. The uniquely Torontonian bay-and-gable housing style is common throughout the former city. The "inner ring" suburbs of ...
The Tridel Accolade under construction in Toronto, Ontario. Condominiums built by Tridel in Markham, Ontario. Tridel is a major Canadian real estate developer based in Toronto, Ontario. It is the largest builder of condominiums in the Greater Toronto Area. Since being founded in the 1930s it has built some 90,000 homes. [2]