Housing affordability will deteriorate unless we act soon: CMHC chief economist

France Nouvelles Nouvelles

Housing affordability will deteriorate unless we act soon: CMHC chief economist
France Dernières Nouvelles,France Actualités
  • 📰 globeandmail
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 92%

The Canada Mortgage and Housing Corporation has estimated the country needs to build 3.5 million more homes by 2030 than it is on track for

Canada’s federal housing agency is worried affordability will deteriorate unless the country acts on supply challenges and other housing measures soon.

While 271,000 homes were built two years ago and roughly 260,000 last year, chief economist Bob Dugan is now forecasting between 210,000 and 220,000 will be constructed this year.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

globeandmail /  🏆 5. in CA

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

CMHC reports annual rate of housing starts in Canada fell in May - BNN BloombergCMHC reports annual rate of housing starts in Canada fell in May - BNN BloombergCanada Mortgage and Housing Corp. says the annual pace of housing starts in May dropped 23 per cent compared with April as starts of apartments, condos and other types of multi-unit housing projects in Vancouver, Toronto and Montreal fell.
Lire la suite »

Secret Canada: The ‘blackhole’ of Canada’s immigration systemSecret Canada: The ‘blackhole’ of Canada’s immigration systemAs Canada’s immigration cases pile up, so do access-to-information requests about them
Lire la suite »

Canada's population expected to hit 40 million today | CBC NewsCanada's population expected to hit 40 million today | CBC NewsCanada's population is expected to surpass 40 million people today, says Statistics Canada.
Lire la suite »

Canadian housing starts fell 23% in May as groundbreaking decreasedCanadian housing starts fell 23% in May as groundbreaking decreasedThe seasonally adjusted annualized rate of housing starts fell to 202,494 units from a marginally revised 261,357 units in April, the CMHC said
Lire la suite »

Housing development in Batawa meets community oppositionHousing development in Batawa meets community oppositionA new townhouse development proposed for construction in Batawa is meeting opposition from some members of the...
Lire la suite »

Quebec housing minister apologizes for remarks about lease transfersQuebec housing minister apologizes for remarks about lease transfersUnder Bill 31, landlords will be able to refuse a tenant\u0027s request to transfer their lease.
Lire la suite »



Render Time: 2025-03-09 23:56:39