Ontarians on the Move, 2021 Edition #16 — Housing demand and the growth in the number of households.

Source: Number of Households by Household Type: 1976–2036. I’m not sure how they’re defining “head of the household” — I suspect it’s the age of the oldest member of the household.
Source: Number of Households by Household Type: 1976–2036
Source: Household Formation and the Housing Stock
Source: Number of Households by Household Type: 1976–2036 and Population estimates, July 1, by economic region, 2016 boundaries

Comparing Housing Completions to the Growth in the Number of Households

Source: Household Formation and the Housing Stock
Source: Number of Households by Household Type: 1976–2036, Population estimates, July 1, by economic region, 2016 boundaries and CMHC housing completions data. For housing completions, the yearly totals were taken from July 1 to June 30 for any given year, to match the time periods for population growth.
Source: Number of Households by Household Type: 1976–2036, Population estimates, July 1, by economic region, 2016 boundaries and CMHC housing completions data. For housing completions, the yearly totals were taken from July 1 to June 30 for any given year, to match the time periods for population growth.
Source: Number of Households by Household Type: 1976–2036, Population estimates, July 1, by economic region, 2016 boundaries and CMHC housing completions data. For housing completions, the yearly totals were taken from July 1 to June 30 for any given year, to match the time periods for population growth.

Housing completion causes household formation: People need somewhere to live if they are to start a household. A lack of homes causes (forces) younger people to live with their parents or several roomates, suppressing household formation.

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