Increasing Housing Supply Update

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crane in the sky

Planning & Development and Building Housing Update 

The Targeted Actions to Increase London's Housing Supply: Supporting Council's Pledge for 47,000 units by 2031 identifies the tracking and reporting methods associated with different categories of housing units in the development pipeline.

Development Pipeline Process Overview 

Development Pipeline Process Overview 

The development pipeline process highlights a timeline that shows the average time for land to progress through the land development process.  The entire process is linear and can take up to 10 years to complete. 

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Image of development pipeline process

2024 Highlights 

  • 22,890 new residential units approved by Council 
  • 3,700 building permits issued for new units 

Learn more in the 2024 Annual Development Report

2025 Monthly Updates 

Council Housing Approvals 

  • 1,169 units were approved by Council in March.   

Year-to Date Council approved Units (as of March 4 Council meeting) 

New Units Year-to-Date Provincial Pledge
Total New units 
Current Council 
Term Approvals 
1,19133,848 29,792

Building Permits Issued 

New housing units in permits issued by the Building Division (As of February 28)

Units 
(2025 YTD)
Units in 2024 Units in 2023
 
9013,7001,725

Provincial Housing Pledge - New Housing Units 
(As of February 28)

Source
Year 
CMHC 
Housing Starts 
CMHC 
Residential Conversions
Pre 2022 
Housing Starts
Provincial
Pledge 
New Housing
2025 YTD99  99
20243,089487 (2)5434,119
20231,534(1)1951,729
20222,495(1)4122,907
Pre2022 starts
currently under construction
  1,775 
Total 
new housing units
   10,629

(1) Staff are currently compiling historical data on residential conversions from 2022 and 2023 that will be included in the next monthly report.
(2) Includes additional residential units and office-to-residential conversions reported up to the period ending on December 31, 2024.

CMHC defines a housing start as the beginning of construction work on the building where the dwelling unit will be located. Due to the delay between permit issuance and a CMHC housing start, the number of permits issued and the number of housing starts will not match. Preliminary work on a housing construction site may occur before or after a permit building permit is issued. Learn more about how the Province of Ontario is tracking housing supply progress. 

Visit Canada Mortgage and Housing Corporation(CHMC)to find housing market, data and research reports and their housing market information portal offers free, easy-to-use access to the latest housing market data for Canada. 

Learn how London is building for our future. 

Contact Planning and Development for more information.  

 

Last modified:Monday, March 17, 2025