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Residential Development

Municipal Development Activity

Stratford has not experienced the same degree of peaks and valleys in economic activity as the overall economy of Ontario. Over the past decade, Stratford has enjoyed relative stability in economic growth. A healthy and encouraging sign is the level of residential development activity.

Residential development has been very strong and the demand for housing in Stratford continues to grow. A significant component of that growth is driven by Stratford’s unique blend of culture, business diversity, atmosphere and amenities which visitors find extremely appealing and commonly results in their moving here.

 

Residential Development

 Residential Development

 

Average Housing Price (figures in thousands of dollars)

Average Housing Price 

 

Residential Development Activity

2010  $19,090,377
  2009   20,534,479  
2008 44,497,300
  2007   25,776,331  
  2006   19,794,589  
  2005   31,470,311  
  2004   17,204,054  
  2003   26,253,914  
  2002   16,985,585  
  2001   22,365,350  

  

Housing (2011 FPmarkets Canadian Demographics estimates)

  Owned   9,483  
  Rented   4,428  
  Single   7,534  
  Semi-Detached   1,498  
  Rowhousing   728  
  Apartments   4,199  
  Others   95