housing supply gap Archives - Mortgage Rates & Mortgage Broker News in Canada

Canada sees largest monthly drop in residential construction investment since 2021

June 23, 2025 No Comments

Residential construction investment fell 4.5% in April to $15.5 billion, the steepest monthly decline in dollar terms in nearly three years, led by a sharp pullback in multi-unit projects.

Cranes are seen above a condo development

Home construction must double over next decade to restore 2019 affordability: CMHC

June 19, 2025 No Comments

Canada Mortgage and Housing Corp. says up to 4.8 million new homes will need to be built over the next decade to restore affordability levels last seen in 2019 based on projected demand.

The construction of new housing in Markham, Ontario

Ontario housing starts at lowest level since 2009, financial watchdog says

June 11, 2025 No Comments

Ontario’s housing starts for the first quarter of this year were at the lowest levels since 2009, the province’s financial accountability officer said in a report Wednesday.

Canada’s Secondary Suite Loan Program expands to $80,000 loans with 2% over 15 years

December 10, 2024 15 Comments

The federal government today announced a doubling of its Secondary Suite Loan Program, which was originally unveiled in the April 2024 budget.

CMHC: Restoring pre-COVID housing affordability should be the goal

December 9, 2024 No Comments

New analysis comes as federal government faces pressure to tackle the housing crisis

housing supply gap

Canada sees largest monthly drop in residential construction investment since 2021

Home construction must double over next decade to restore 2019 affordability: CMHC

Ontario housing starts at lowest level since 2009, financial watchdog says

Canada’s Secondary Suite Loan Program expands to $80,000 loans with 2% over 15 years

CMHC: Restoring pre-COVID housing affordability should be the goal

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