Homebuilding
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Homebuilding surge in some Canadian cities to start 2023 may not last: CMHCHomebuilders in Vancouver and Toronto were off to hot starts in 2023, while Montreal saw a major slowdown in starts, the Canada Mortgage and Housing Corp. says.EconomyOct 5, 2023
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Single-family housing starts picked up pace amid overall slowdown in AugustCanadian homebuilders slowed the pace of housing starts in August, according to the CMHC, particularly among multi-unit builds in urban areas.EconomySep 18, 2023
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1 in 5 homebuilders are nixing projects amid high rates. Here are your rightsMore Canadian developers are slowing their pace of building or nixing projects completely. Here's what you need to know about your rights if you bought a pre-sale home.MoneyAug 18, 2023
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Homebuilding costs have surged 51% since the pandemic beganCanada's efforts to build more homes over the next decade will be hampered by soaring costs for labour and materials in construction, a new RBC report argues.EconomyJun 29, 2023
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High interest rates are slowing homebuilding, but the worst is yet to comeThe pace of Canadian homebuilding is slowing from its pandemic highs under the weight of higher interest rates, a new report shows.MoneyApr 19, 2023
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Canada needs skilled immigrants to help build home supply, housing minister saysWith more than a fifth of Canada’s construction workers set to retire in the next decade, integrating skilled immigrants will be essential, Ahmed Hussen says.CanadaDec 29, 2022
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Canada’s pace of new builds slowed in June, housing agency saysThe pace of homebuilding in Canada hit a summer slowdown in June, according to the CMHC, which reported new housing start data on Monday.EconomyJul 18, 2022
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Pace of Canadian housing starts topped expectations in MayThe pace of housing starts remained hot in May, according to the Canada Mortgage and Housing Corp., but economists expect a cooling by next year.EconomyJun 15, 2022
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Efforts to ramp up Canadian housing supply accelerated in April, CMHC saysCanadian homebuliders picked up the pace of housing starts in April with an increase of eight per cent on new builds started over March.CanadaMay 16, 2022
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Homebuilding slows as housing supply hits record low in Canada, data showsThe pace of home building slowed from November to December in Canada as the number of homes on the market also dropped to record lows.EconomyJan 18, 2022
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