housing supply 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.

Thinking about a prefab home or secondary suite? Here’s what to consider

June 13, 2025 No Comments

When our clients Chris and Brianne Curry completed the construction of their modular backyard home earlier this year, it was more than just a personal win, it became a real-life example of how Canadian homeowners can take control of housing challenges in their own communities.

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.

Provinces ‘hold the key’ to unlocking homebuilding, new report argues

May 29, 2025 No Comments

While the federal government and cities across Canada are making strides on expanding the housing supply, the provinces still need to get serious about building quality homes, a new report released Thursday argues.

Homes are pictured at a suburb in Halifax

No action against Nova Scotia rent loophole out of fears for housing supply: minister

May 16, 2025 No Comments

The minister responsible for Nova Scotia’s rental property rules says her department won’t crack down on instances of abuse involving fixed-term rent leases because it doesn’t want to affect the housing supply.

Key portfolios for business community to watch as Carney’s cabinet sworn in

May 13, 2025 No Comments

Canada’s business community will be monitoring files across various portfolios after Tuesday’s swearing-in of Prime Minister Mark Carney’s new cabinet.

Ontario to table bill to speed up home building as 1.5M target not on track

May 12, 2025 1 Comment

Ontario’s housing minister is introducing legislation today intended to speed up the construction of new homes, as he admits the province isn’t currently on track to meet its goal of getting 1.5 million homes built over 10 years.

U.S. tariffs set to slow pace of homebuilding in Canada: CHBA

March 4, 2025 No Comments

Canada’s building industry is warning that a trade war with the United States will slow down the pace of home construction.

500,000 fewer homes needed in Canada by 2035 as population set to decline: Oxford

January 22, 2025 4 Comments

Canada’s housing needs are projected to decrease by 500,000 homes by 2035, driven by a decline in population, according to new research from Oxford Economics.

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