housing data Archives - Mortgage Rates & Mortgage Broker News in Canada

high housing costs are restricting population mobility in the country

Soaring housing costs limiting population mobility across Canada: CMHC

January 30, 2025 No Comments

Canada Mortgage and Housing Corp. says high housing costs are restricting population mobility in the country, as Canadians are finding that it’s too pricey to buy or rent in cities where they seek jobs.

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.

CREA lowers housing market forecast for 2024 amid ‘holding pattern’ for home sales

October 15, 2024 No Comments

The Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year again, saying the Bank of Canada’s interest rate cuts haven’t spurred the gradual improvement it previously anticipated.

Housing starts up in six largest cities but construction still not closing supply gap

September 26, 2024 No Comments

The Canada Mortgage and Housing Corp. says construction of new homes in Canada’s six largest cities rose 4% year-over-year during the first half of 2024, but housing starts were still not enough to meet growing demand.

CMHC says annual pace of housing starts in June down 9% from May

July 16, 2024 No Comments

Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell 9% compared with May.

CMHC exceeds 2023 housing goals despite economic headwinds

May 9, 2024 No Comments

The Canada Mortgage and Housing Corporation surpassed its 2023 housing targets despite difficult economic conditions and internal financial struggles.

Canada Mortgage and Housing Corp. says the annual pace of housing starts in January fell 10 per cent compared with December. Framers work on a new house under construction in Airdrie, Alta., Friday, Jan. 28, 2022.THE CANADIAN PRESS/Jeff McIntosh Canada Mortgage and Housing Corp. says the annual pace of housing starts in January fell 10 per cent compared with December. Framers work on a new house under construction in Airdrie, Alta., Friday, Jan. 28, 2022.THE CANADIAN PRESS/Jeff McIntosh

CMHC reports annual pace of housing starts in January down 10% from December

February 15, 2024 No Comments

Canada Mortgage and Housing Corp. says the annual pace of housing starts in January fell 10 per cent compared with December.

Housing supply gap worse than first thought: 5 million extra homes needed by 2030, CIBC says

February 8, 2024 1 Comment

A new report from CIBC deputy chief economist Benjamin Tal suggests Canada’s housing supply gap is even worse than first thought.

OREA calls on government to increase housing supply

OREA calls for bold action to address Ontario’s housing shortfall

February 1, 2024 No Comments

Despite making progress on its goal of building 1.5 million new homes by 2031, the Ontario government must do more to improve housing stock and cut down on bureaucratic obstacles, the Ontario Real Estate Association (OREA) says.

Housing supply and its role in the affordability crisis

Single-detached housing starts down 25% from last year: CMHC

October 5, 2023 No Comments

The number of new single-detached houses under construction in the first half of 2023 was down 25% compared to last year.

housing data