CMHC says huge gap remains between number of homes Canada is set to build and the number needed to restore housing affordability. Read on
A huge gap of 3.5-million homes remains between the number Canada is on pace to build and the number needed to restore housing affordability.A huge gap of 3.5-million homes remains between the number Canada is on pace to build and the number needed to
by 2030, but changing economic and demographic projections have narrowed the shortfall in some provinces while widening it in others., which has been tracking housing affordability in Canada through a series of reports since June 2022.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.
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Canada still needs 3.5 million more homes to close affordability gap, CMHC saysCMHC says huge gap remains between number of homes Canada is set to build and the number needed to restore housing affordability. Read on
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Housing gap to restore affordability remains at about 3.5 million units: CMHCOTTAWA — Canada Mortgage and Housing Corp. says the projected housing supply gap has shrunk slightly from last year, but that Canada still needs to build about 3.5 million more houses by 2030 than what's on track to restore affordability.
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Housing gap to restore affordability remains at about 3.5 million units: CMHCOTTAWA — Canada Mortgage and Housing Corp. says the projected housing supply gap has shrunk slightly from last year, but that Canada still needs to build about 3.5 million more houses by 2030 than what's on track to restore affordability.
Read more »