Posts by chloe.perreault@chba.ca
Initial interest rate lowering not enough to offset restrictive mortgage rules and other barriers to increase new home sales
The Canadian Home Builders’ Association (CHBA) released its 2024 Q1 Housing Market Index (HMI) today, which showed a very negative builder sentiment for a seventh consecutive quarter, prior to the release of the federal budget. The HMI is a leading indicator about the health of the residential construction industry in Canada, and its ongoing lows were a continuing signal for poor housing starts ahead, and the need for change in government policy.
Read MoreCanadian Home Builders’ Association Launches Project to Prepare Industry for Tiered Building Codes
CHBA has launched a new project to help prepare the industry for future building codes. The project, ‘Enabling Tiered Codes – Implementation and Market Preparedness,’ is funded by Natural Resources Canada under the Codes Acceleration Fund (CAF).
Read More2024 CHBA National Awards for Housing Excellence Finalists Named
The Canadian Home Builders’ Association (CHBA) is pleased to announce the finalists for the 2024 CHBA National Awards for Housing Excellence, Canada’s premiere competition for new homes, home renovations, community development, and residential marketing.
Read MoreCHBA Releases Strategy for Building 5.8 Million Homes
The Canadian Home Builders’ Association has released a strategy detailing changes and supports needed to enable the industry to build 5.8 million homes in the next decade to close Canada’s housing supply gap and improve housing affordability.
Read MoreRecord low builder sentiment foreshadows troubling housing starts, underscoring need for housing policy changes
The Canadian Home Builders’ Association (CHBA) Housing Market Index (HMI), a leading indicator about the health of the residential construction industry in Canada, reports that builders are increasingly worried about the state of industry conditions, and that housing starts will be further repressed in 2024.
Read MoreHousing supply outlook dim as builders continue to feel the effects of interest rate hikes
The 2023 Q3 Housing Marketing Index (HMI) was released by the Canadian Home Builders’ Association (CHBA) today, and the outlook is dim for Canada’s housing supply.
Read MoreRemoval of GST on Purpose-Built Rental Addresses Long-Standing Barrier
Removal of GST on Purpose-Built Rental Addresses Long-Standing Barrier OTTAWA – September 14, 2023 – The federal government’s move today to waive the GST on purpose-built rental addresses a long-standing issue that has prevented the construction of more rental housing for decades. The Canadian Home Builders’ Association (CHBA) has advocated for years about the need to…
Read MoreMinto Communities GTA and Metropia unveil Markham’s First Net Zero Home
Minto Communities GTA and Metropia unveil Markham’s First Net Zero Home April 21, 2023 – Today the Canadian Home Builders’ Association (CHBA) is recognizing Minto Communities GTA and Metropia, CHBA members of BILD GTA, for the first Net Zero Home qualified under CHBA’s Net Zero Home Labelling Program, located in Markham’s highly sought-after Union Village master-planned community. CHBA’s…
Read More2023 Federal Budget Housing Measures at a Glance
2023 Federal Budget Housing Measures at a Glance Ottawa – March 28, 2023 – Budget 2023 reinforced all of the housing commitments from last year’s budget—a budget many referred to as “the housing budget”—without much in the way of new actions for this year. The Canadian Home Builders’ Association (CHBA) was pleased that the budget reiterated…
Read MoreCHBA Welcomes Opportunity for Municipalities to Unlock Market-Rate Housing Supply Through the HAF
Canadian Home Builders’ Association Welcomes Opportunity for Municipalities to Unlock Market-Rate Housing Supply through the Housing Accelerator Fund OTTAWA, ON – March 17, 2023 – The Canadian Home Builders’ Association (CHBA) welcomed many measures announced in today’s release of the details of the federal Housing Accelerator Fund (HAF), particularly those supporting and encouraging municipalities to facilitate…
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