Quote:
Originally Posted by MonkeyRonin
Not entirely comparable. Housing starts are strictly new residential units; whereas building permits would include renovations, additions, replacement dwellings, and non-residential construction. On the other hand, a single multi-unit building would likely entail only a single building permit, so permits aren't otherwise a great indicator of the number of housing units being added.
Also, I'm getting 38,587 housing starts (all types) for Toronto CMA in 2020, per the link above?
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Good Catch!
I see what happened, when you first click 'annual' and it says '2020' below, you get the lower number I quoted.
But you can see, if you look, that its actually for 2021 (presumably YTD).
When I found that I was able to shift to 2020, and I got your numbers!