Posts by natasha
Mortgage affordability flattened homebuying demand in Q1, highlighting importance of addressing restrictive mortgage rules to spur new supply
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 Welcomes Housing-Focused Budget
The Canadian Home Builders’ Association (CHBA) welcomes the 2024 Federal Budget with its focus on housing and emphasis on increasing housing supply and affordability as well as removing barriers to first-time buyers trying to get into the market.
Read MoreFederal Housing Plan sets the stage for comprehensive approach to address housing affordability and supply
The Canadian Home Builders’ Association (CHBA) applauds the release of the Federal Housing Plan today.
Read MoreCanadian Home Builders’ Association Applauds Introduction of 30-year Amortization Periods on New Construction Homes to Support First-Time Buyers
The introduction of 30-year amortization periods for insured mortgages on new construction is very welcome news to CHBA.
Read MoreMonumental workforce increase required to meet housing supply targets to address affordability in Canada
Canada’s residential construction needs to grow to 83% to reach 5.8 million housing starts to address housing affordability.
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