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Access to Mortgage Financing a Growing Problem for Home Buyers OTTAWA, ON – February 8, 2019 – The Canadian Home Builders’ Association (CHBA) recently surveyed its home builder and developer members across Canada to assess the impact of the federal government’s mortgage stress test, introduced just over one year ago. The survey results point to…

Canadians see a home ownership crisis that governments aren’t addressing Ottawa, ON – May 30, 2018 This article was originally published in The Hill Times, Canada’s Politics and Government Newspaper Home prices have been rising for nearly two decades, far outpacing average income growth. The result is a growing anxiety among younger Canadians about their prospects…

BuildForce Canada Affirms Huge Career Opportunities in Residential Construction Ottawa, ON – April 23, 2018 – The Canadian Home Builders’ Association (CHBA) today welcomed a new report by BuildForce Canada that affirms the tremendous career opportunities available for young women and men in the residential construction industry. “BuildForce estimates that our industry will need to…

Winners Announced for 2018 CHBA National Awards for Housing Excellence VICTORIA, BC – March 23, 2018 – The Canadian Home Builders’ Association (CHBA) is pleased to announce the winners for its 2018 National Awards for Housing Excellence, representing the best new homes, new communities, home renovations, and residential marketing in Canada. Forty National Awards for…

2018 CHBA Association Leadership Award Winners Announced Victoria, BC – March 23, 2018 – The Canadian Home Builders’ Association (CHBA) is pleased to announce the winners of its Association Leadership Awards. Presented during the Association’s 75th National Conference in Victoria, BC, these prestigious awards showcase the contributions, qualities and accomplishments of leaders within our Association…

Learning From the Past, Building For the Future Nathan Stone, 2018 CHBA President Canadian Home Builders’ Association 75th National Conference  – Victoria, British Columbia March 22, 2018 Distinguished guests, friends and colleagues – I am very honoured to stand here today, as the President of the Canadian Home Builders’ Association. I want to begin by recognizing Eric…

House Price Report Gets the Ball Rolling on Addressing Supply Issues: Home Builders Ottawa, February 7, 2018 –The Canadian Home Builders’ Association (CHBA) today welcomed the release of a comprehensive new report on escalating house prices.  Very importantly, it points to the need to consider more fully the supply-side issues when talking about escalating house…

2018 CHBA NATIONAL AWARDS FOR HOUSING EXCELLENCE FINALISTS NAMED OTTAWA, ON – February 6, 2018 – The Canadian Home Builders’ Association (CHBA) is pleased to announce the finalists for the 2018 National Awards for Housing Excellence. “These awards recognize the very best in Canadian new homes, home renovations, community development and marketing. Our finalists come…

Inform Your Buyers that They Need to Secure Their Mortgage Before January 1 to Avoid the New Stress Test CHBA has been following-up on how the major chartered banks are handling the improved transition rules that CHBA was successful in securing from the Office of the Superintendent of Financial Services (OSFI) after OSFI mandated new…

Housing Benefit a Welcome Solution for Those in Housing Need; Addressing Housing Affordability Needs Attention Next Ottawa, November 22, 2017 – The Canadian Home Builders’ Association (CHBA) today welcomed the announcement of the Canada Housing Benefit as part of the federal government’s National Housing Strategy.  The Strategy, whose primary focus is on those vulnerable populations…