Ontario's final tally for housing starts in 2024 is well off what's needed to achieve Premier Doug Ford's goal of getting 1.5 million homes built, even with various new categories the government is adding such as university dorms.
The government recently updated its housing tracker for the first time in eight months, and it provides yet another glimpse into home building struggles.
The total housing starts for 2024 by the government's calculations was 94,753. That includes 73,462 traditional housing starts, 14,381 additional residential units, 2,278 long-term care beds, 2,807 post-secondary student housing beds, and 1,825 retirement home suites.
But in order to meet the goal of 1.5 million homes built over 10 years by 2031, Ontario should have added 125,000 homes last year, with at leas