ground related housing demand/supply analysis€¦ · years of remaining ground-related housing...
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Gro
und
Rel
ated
Hou
sing
D
eman
d/Su
pply
Ana
lysi
s
Pre
sent
atio
n to
Tow
n of
M
arkh
am D
evel
opm
ent
Ser
vice
s C
omm
ittee
Pau
l Bot
tom
ley
May
8, 2
012
Ove
rvie
w
Sta
ff un
derto
ok a
n up
date
d re
side
ntia
l dem
and/
supp
ly
anal
ysis
for g
roun
d-re
late
d un
its in
the
Reg
ion
(sin
gles
, se
mis
, row
s)
Ana
lysi
s co
nclu
des
that
ther
e is
an
appr
oxim
ate
10 to
12
year
rem
aini
ng s
uppl
y of
gro
und-
rela
ted
units
(not
incl
udin
g R
OP
A’s
1, 2
and
3)
Sup
ply
is a
s lit
tle a
s 5
-6 y
ears
in S
outh
ern
Yor
k
Ris
k of
sho
rtage
of g
roun
d-re
late
d un
its in
as
little
as
5 ye
ars
time
Pro
mpt
det
aile
d pl
anni
ng fo
r New
Com
mun
ity A
reas
(R
OP
A’s
1,2
, and
3) i
s ne
eded
Pla
nnin
g an
d E
cono
mic
Dev
elop
men
t Com
mitt
ee, A
pril
4, 2
012
Slid
e 3
Key
par
t of p
lann
ing
Use
d to
det
erm
ine
year
s of
sup
ply
avai
labl
e an
d R
OP
Urb
an A
rea
Exp
ansi
on R
equi
rem
ents
Req
uire
d an
ade
quat
e su
pply
to
acco
mm
odat
e an
d m
anag
e gr
owth
Inpu
t to
serv
icin
g de
cisi
ons
and
deve
lopm
ent c
harg
es re
venu
e st
ream
Car
eful
mon
itorin
g re
quire
d of
Bui
ldin
g P
erm
its a
nd a
ppro
vals
Res
iden
tial L
and
Sup
ply
Slid
e 4
RO
P a
nd P
rovi
ncia
l Pol
icy
Sta
tem
ent r
equi
rem
ents
10 y
ear s
uppl
y of
Res
iden
tial
OP
des
igna
tions
3-7
year
sup
ply
of R
esid
entia
l S
ubdi
visi
on/C
ondo
min
ium
ap
prov
als
Pol
icy
Targ
et
Pla
nnin
g an
d E
cono
mic
Dev
elop
men
t Com
mitt
ee, A
pril
4, 2
012
Slid
e 5
Two
Hou
sing
Typ
e M
arke
ts in
Yor
k R
egio
nG
roun
d-re
late
d U
nits
(S
ingl
es, S
emis
, Row
s)A
partm
ent U
nits
Als
o di
ffere
nt
dem
and/
supp
ly
char
acte
ristic
s be
twee
n th
e S
outh
ern
and
Nor
ther
n A
reas
of Y
ork
Reg
ion
Two
Mar
kets
Pla
nnin
g an
d E
cono
mic
Dev
elop
men
t Com
mitt
ee, A
pril
4, 2
012
Slid
e 6
Incl
udes
Gro
und-
rela
ted
units
with
in:
Reg
iona
l and
loca
l Offi
cial
Pla
n am
endm
ents
Sub
divi
sion
, con
dom
iniu
m a
nd s
ite p
lans
Doe
s no
t inc
lude
:R
OP
A’s
1, 2
and
3A
partm
ent u
nits
-m
ore
than
ade
quat
e su
pply
in
inte
nsifi
catio
n ar
eas
Res
iden
tial L
and
Sup
ply
Pla
nnin
g an
d E
cono
mic
Dev
elop
men
t Com
mitt
ee, A
pril
4, 2
012
Slid
e 7
Dem
and
can
be c
alcu
late
d ba
sed
on:
Rec
ent h
ousi
ng c
ompl
etio
n da
ta
Fore
cast
hou
sing
uni
t dem
and
Res
iden
tial D
eman
d
Pla
nnin
g an
d E
cono
mic
Dev
elop
men
t Com
mitt
ee, A
pril
4, 2
012
Slid
e 8
Pla
nnin
g an
d E
cono
mic
Dev
elop
men
t Com
mitt
ee, A
pril
4, 2
012
New
Com
mun
ity A
reas
Slid
e 9
Est
imat
ed R
emai
ning
Des
igna
ted
Gro
und-
Rel
ated
Hou
sing
Sup
ply
–M
id Y
ear 2
011
Mun
icip
ality
Uni
tsSh
are
Auro
ra3,
500
4%Ea
st G
willi
mbu
ry14
,700
18%
Geo
rgin
a7,
800
10%
King
4,10
05%
Mar
kham
11,3
0014
%N
ewm
arke
t3,
000
4%R
ichm
ond
Hill
15,1
0019
%Va
ugha
n14
,000
17%
Whi
tchu
rch-
Stou
ffville
6,80
09%
Tota
l - Y
ork
Reg
ion
80,3
0010
0%
Pla
nnin
g an
d E
cono
mic
Dev
elop
men
t Com
mitt
ee, A
pril
4, 2
012
Slid
e 10
Pro
ject
ed A
nnua
l Abs
orpt
ion
for
G
roun
d-R
elat
ed U
nits
His
toric
Hou
sing
Com
plet
ions
Fore
cast
Dem
and
Mun
icip
ality
Aver
age
Annu
al 2
002-
2011
120
11-2
016
Aver
age
Annu
al U
nits
2
Auro
ra40
039
4Ea
st G
willi
mbu
ry11
755
8G
eorg
ina
218
275
King
8324
2M
arkh
am2,
361
1,56
9N
ewm
arke
t50
031
1R
ichm
ond
Hill
1,38
81,
027
Vaug
han
2,54
51,
652
Whi
tchu
rch-
Stou
ffville
607
737
Tota
l - Y
ork
Reg
ion
8,21
96,
765
Pla
nnin
g an
d E
cono
mic
Dev
elop
men
t Com
mitt
ee, A
pril
4, 2
012
Not
es:
1. H
isto
ric H
ousi
ng C
ompl
etio
ns m
etho
d ba
sed
on a
vera
ge a
nnua
l gro
und-
rela
ted
h
ousi
ng c
ompl
etio
ns fr
om 2
002
to 2
011.
2. F
orec
ast D
eman
d m
etho
d ba
sed
on a
vera
ge a
nnua
l gro
und-
rela
ted
units
fore
cast
u
sed
as th
e ba
sis
for t
he Y
ork
Reg
ion
Offi
cial
Pla
n fo
reca
st.
Slid
e 11
Yea
rs o
f Rem
aini
ng
Gro
und-
Rel
ated
Hou
sing
Sup
ply
His
toric
Hou
sing
Com
plet
ions
Fore
cast
Dem
and
Mun
icip
ality
Pla
nnin
g an
d E
cono
mic
Dev
elop
men
t Com
mitt
ee, A
pril
4, 2
012
Aver
age
Annu
al 2
002-
2011
2011
-201
6 Av
erag
e An
nual
Uni
tsAu
rora
8.8
8.9
East
Gw
illim
bury
25+
25+
Geo
rgin
a25
+25
+Ki
ng25
+16
.9M
arkh
am4.
87.
2N
ewm
arke
t6.
09.
7R
ichm
ond
Hill
10.9
14.7
Vaug
han
5.5
8.5
Whi
tchu
rch-
Stou
ffville
11.2
9.2
Tota
l9.
811
.9
Slid
e 12
Com
paris
on o
f Yor
k R
egio
n H
ousi
ng M
ix
2006
to 2
011
- Yor
k R
egio
n S
hare
of H
ousi
ng
Com
plet
ions
by
Type
79%
21%
Gro
und
Rel
ated
Apar
tmen
ts
2011
to 2
031
- Yor
k R
egio
n Fo
reca
st S
hare
of
Hous
ing
Com
plet
ions
by
Type
42%
58%
Gro
und
Rel
ated
Apar
tmen
ts
Sour
ce: C
MH
C H
ousi
ng C
ompl
etio
ns a
nd Y
ork
Reg
ion
Fore
cast
Pla
nnin
g an
d E
cono
mic
Dev
elop
men
t Com
mitt
ee, A
pril
4, 2
012
Slid
e 13
Nor
th S
outh
Sup
ply
Ther
e ar
e si
gnifi
cant
diff
eren
ces
in d
eman
d an
d su
pply
of g
roun
d re
late
d un
its in
the
Sou
th a
nd
the
Nor
th o
f the
Reg
ion
Sou
ther
n Y
ork
Reg
ion
(Mar
kham
, Ric
hmon
d H
ill a
nd V
augh
an)
Nor
ther
n Y
ork
Reg
ion
(Aur
ora,
New
mar
ket,
Eas
t Gw
illim
bury
, G
eorg
ina,
Kin
g an
d W
hitc
hurc
h-S
touf
fvill
e)Year
s of
Rem
aini
ng S
uppl
yAr
eaU
nits
His
toric
alFo
reca
st
Dem
and
Dem
and
Tota
l Gro
und-
Rel
ated
Sup
ply
80,3
009.
811
.9 S
outh
ern
York
Reg
ion
40,4
006.
49.
5 N
orth
ern
York
Reg
ion
39,9
0020
.715
.9
Pla
nnin
g an
d E
cono
mic
Dev
elop
men
t Com
mitt
ee, A
pril
4, 2
012
Slid
e 14
RO
PA
’s 1
, 2 &
3 h
ave
not b
een
incl
uded
in
Sup
ply
(2,5
00 H
a)
Thes
e la
nds
are
requ
ired
to a
ccom
mod
ate
grow
th to
203
1
Com
plet
ion
of a
ll ap
prov
als
for t
hese
land
s ca
n ta
ke 5
-8 y
ears
Pla
nnin
g P
roce
ss fo
r New
Lan
ds
Pla
nnin
g an
d E
cono
mic
Dev
elop
men
t Com
mitt
ee, A
pril
4, 2
012
Slid
e 15
10-1
2 ye
ar s
uppl
y ac
ross
the
Reg
ion
Onl
y 6-
10 y
ear s
uppl
y in
Sou
ther
n Y
ork
Reg
ion
Pot
entia
l ris
k of
sho
rtage
of l
and
for g
roun
d-re
late
d ho
usin
g
Nee
d to
con
tinue
loca
l pla
nnin
g fo
r sec
onda
ry
plan
sP
lann
ing
for n
ew c
omm
uniti
es c
an ta
ke 5
to 8
yea
rs
Nee
d to
car
eful
ly m
onito
r sup
ply
and
dem
and
fluct
uatio
ns b
y lo
cal m
unic
ipal
ity
Res
iden
tial s
uppl
y ca
n ha
ve D
C re
venu
e im
plic
atio
ns
Con
clus
ions
Pla
nnin
g an
d E
cono
mic
Dev
elop
men
t Com
mitt
ee, A
pril
4, 2
012