What is a submarket?

A regional study identified communities with similar characteristics and revealed eight distinct housing submarkets across the region that share common issues regardless of physical proximity.

Housing stock and affordability

Housing market activity

Resident demographics

Socioeconomic indicators


  1. Submarket 1

    Submarket 1

    Higher density urban, high foreclosure and vacancy, low income

  2. Submarket 2

    Submarket 2

    Higher density urban and suburban, large households, high foreclosure/moderate vacancy, low/moderate income

  3. Submarket 3

    Submarket 3

    Higher density urban, high income, young, high home prices and rents

  4. Submarket 4
  5. Submarket 5

    Submarket 5

    Suburban 1960-79 housing stock, moderate but declining incomes, lower cost stock

  6. Submarket 6
  7. Submarket 7
  8. Submarket 8

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