The annual Growth Trends Review report identifies emerging development-related issues and trends within the Municipality of Clarington. Building permit activity and other related data are used as indicators of housing and employment activity within Clarington, the level of local investment, and economic performance.
The Municipality of Clarington experienced an increase in total building permit values in 2020, increasing from $130.3 million in 2019 to $398.3 million. In 2020, the full value of residential building permits issued in Clarington was $304.6 million, and non-residential building permit values were $93.7 million, both substantially higher than 2019 values.
Despite the disruption due to COVID-19, building permit value rebounded to resume its previous trendline. The real estate market fell in 2019 but began to recover late in the year, which continued into early 2020. At the onset of the emergency order in March of 2020, construction was temporarily put on hold, but permit activity continued strong. As a result, housing demand increased, and the GTA saw record sales in the Fall months. This was seen locally as Clarington’s most significant growth was experienced in the residential segment, where both total residential building permit value and residential permits issued increased drastically from 2019.
Clarington is anticipating further growth as significant infrastructure projects such as the 407 and 418 highways gain popularity. The proposed GO Transit Lakeshore East line expansion will provide a strong connection to the GTA. Major economic drivers such as the OPG headquarters relocation, EastPenn relocation, and Toyota Eastern Parts Distribution plant will provide jobs to Clarington’s growing population and drive demand for housing.
Several projects are contributing to housing growth in Clarington including:
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