The Missing Middle with Mike Moffatt and Sabrina Maddeaux cover image

The $6.6 Billion Housing Disaster Politicians Won’t Talk About

The Missing Middle with Mike Moffatt and Sabrina Maddeaux

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Housing Sales Crisis in the GTA

This chapter examines the dramatic decline in housing sales in the Greater Toronto Area, reporting a staggering 70% drop in single-family home sales and a 90% drop in condo sales. It discusses the potential economic repercussions, including a projected $6.6 billion loss in tax revenue, while addressing misconceptions in housing starts data and the complexities of initiating housing projects.

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