Housing Supply
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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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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
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Canadian home prices have stabilized. Will incomes ever catch up?The report calculated the minimum annual income needed to buy an average home in 10 of Canada's major cities and looked at how that amount rose between June and July 2023.ConsumerAug 16
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Should Ottawa build homes again? ‘Conversations’ happening, minister saysThe path to filling Canada's housing supply gap might see the federal government take a more active role in building homes, the federal housing minister hinted on Wednesday.CanadaAug 16
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‘Back to the sidelines?’ How rate hikes affected July’s housing marketCREA says housing activity has been generally stabilizing from a busy spring as the Bank of Canada resumed its interest rate hiking cycle in June and July.MoneyAug 15
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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
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Lack of development charges could cost Hamilton taxpayers $54 millionHamilton councillors are taking steps to articulate on city tax bills exactly why ratepayers may soon have to pick up a $54-million tab for developers.PoliticsJun 22
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Renters might soon feel the pain as their landlords post losses. Here’s whyMost real estate investors in Toronto were losing money on their properties last year, a new report finds. Here's why that pressure might hurt renters in the long term.MoneyMay 30
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Saskatchewan real estate forecast predicted to delay provincial growth plansChris Guérette said if the provincial government has any hope of reaching its goal of 1.4 million people by 2030, more homes need to be built in the province.CanadaMay 4
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Construction stable in Vancouver last year, but seller’s market is returning: RealtorsIn a housing supply report published Wednesday, the Canada Mortgage and Housing Corporation said work on 25,983 new units began last year, down 30 units from 2021.EconomyApr 19
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