Housing Starts
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Liberal homebuilding goals ‘simply not achievable’ despite rising pace of startsCanadian homebuilders are showing 'resilience' under the weight of higher interest rates, but some economists say it's not enough to achieve the Liberals' housing goals.EconomyNov 16
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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
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Peterborough city and county on track to miss provincial housing targetsThe Peterborough and the Kawarthas Home Builders Association (PKHBA) says the city needs 930 new homes built every year from 2021 to 2031.EconomyJul 28
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London, Ont. rental affordability to worsen despite housing starts increaseThe Canada Mortgage and Housing Corporation is expecting an increase in housing starts for London, but it won't be enough to relieve pressure on the rental market.EconomyApr 27
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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
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B.C. falling behind on new housing starts, provincial budget suggestsThe NDP's latest three year fiscal plan showed 46,721 new housing starts in B.C. last year, but projected a 16.5 per cent decrease this year to just 39,033 starts.PoliticsMar 2
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Interest rates chill Canada’s housing market in January as sales hit 14-year lowCanada's housing market saw a 14-year low in sales and a more than two-year low in new building activity in January, according to new data released Wednesday.MoneyFeb 15
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B.C. housing minister calls on Ottawa to tie housing funding to immigrant arrivalsOther than Quebec, the provinces has little control of how many new immigrants arrive in a province and what areas of the province they move to.PoliticsJan 3
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N.B. to consider making landlords justify rental increases, minister saysThe New Brunswick government says it will end it's temporary rent cap on Dec. 31, in part, because it is deterring the development of new housing.PoliticsDec 8, 2022
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Annual pace of housing starts in Canada slowed in October, CMHC saysThe national housing agency says the seasonally adjusted annual rate of housing starts in October was 267,055 units, down 11 per cent from 298,811 units in September.EconomyNov 16, 2022
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