Housing gap steady as lower incomes expected to offset construction slowdown: CMHC
Canada will be short about 3.5 million homes by the end of the decade compared with what’s needed to restore affordability, per CMHC.
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CMHC says Ottawa-Gatineau housing starts surged in June
Ottawa-Gatineau’s annual pace of housing starts soared in June, Canada’s housing agency says, part of a nationwide trend that saw the pace of starts post
Labour shortage in construction adding extra pressure to housing supply gap: experts
The construction industry is short tens of thousands of workers, and experts say a coming wave of retirements could make the problem worse.
Housing affordability will deteriorate unless we act soon: CMHC chief economist
The CMHC is worried housing affordability will deteriorate unless the country acts on supply challenges and other housing measures soon.
Ottawa housing market on ‘steady upward trajectory’ as prices rise 14% since end of 2022: OREB
Ottawa house prices have jumped nearly 14 per cent since the end of 2022, pushing the city back into “seller’s market territory,” the president of
Region’s annual rate of housing starts fell 58% in January: CMHC
The six-month rolling average – designed to smooth out monthly fluctuations – was 1,735 units, compared with 4,095 units in December.
Housing construction pace slows in December as Gatineau records just one start: CMHC
Gatineau’s seasonally adjusted rate of housing starts – a six-month rolling average designed to smooth out monthly fluctuations – dropped to 13 in December from
Government can’t solve housing issues alone, private sector must be involved: CMHC
The report by CMHC deputy chief economist Aled ab Iorwerth says the scale of the problem is so large that the private sector must be
Ottawa’s housing construction pace falls in October amid economic headwinds, labour crunch
Housing starts in Ottawa-Gatineau rose slightly in October compared with the previous year, the Canada Mortgage and Housing Corp.
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