Reminders

Housing 2009

Housing: 2009 Archive

Having access to affordable and safe housing is one of our most basic needs and a must for our Region's residents.

8-1 Percent of Households Paying Over 30% of Income for Housing is an indicator of the affordability of the housing supply.

Percent of Households where Rental Payments as a Percentage of Household Income Exceed 30 percent.jpg 

 20012006
Waterloo Region36.639.2
Ontario42.244.6
Canada39.640.3

 

 

 

 


Source: Statistics Canada, Census 2001 and 2006, Topic-based tabulations, Housing and Shelter Costs

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8-2 The Ratio of Residential Prices to Income is an indication of housing affordability. As the ratio increases, housing becomes less affordable.

Ratio of MLS Average Residential Prices and Median Economic Family Income.jpg 

 199519961997199819992000200120022003200420052006
Waterloo Region2.772.682.862.652.782.772.803.083.223.343.303.58
Ontario3.313.263.463.303.193.193.283.513.763.954.144.31
Canada3.643.643.623.393.323.263.343.633.874.084.334.65

 

 

 


Source: Average residential prices found through Canadian Housing Observer, Table 6. ; Source for median economic family income: Statistics Canada.  Cansim Table 202-0202. Based on SLID.

 

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 8-3 Total Housing Starts is an indicator of the number of new houses being built and the economic outlook of our community. 

Total Housing Starts.jpg 

 199019911992199319941995199619971998 
Kitchener298121312240170517471150196821712549 
           
 1999200020012002200320042005200620072008
Kitchener2821350935374130395539123763359927402634

 

 

 

 

 

Source: Canada Mortgage and Housing Corporation, http://www.cmhc-schl.gc.ca/en/corp/about/cahoob07/data/upload/Table2_totalEN_w.xls

 

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8-4 Total Housing Starts with Rentals is an indicator of the future availability of rental accommodation compared to ownership accommodation.      

Housing Starts.jpg 

 1999200020012002
2003200420052006
20072008
Total Starts2821350935374130395539123763359927402634
Rental Starts183601691395577733490266666493

 

 

 

Source:http://www.cmhc-schl.gc.ca/en/corp/about/cahoob07/data/upload/Table9_EN_w.xls

 

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