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Builder sentiment plummets in the face of rising interest rates OTTAWA – July 13, 2022 – The 2022 Q2 release of the Canadian Home Builders’ Association (CHBA) Housing Market Index (HMI) shows the sobering impact that rising interest rates, added on top of ongoing challenges sourcing skilled trades professionals, is having on builder confidence. The single-family…

Residential construction industry has record year, but will it be enough to meet housing demand? OTTAWA, ON – JUNE 8, 2020 – The Canadian Home Builders’ Association (CHBA) released today its annual report on the performance of Canada’s residential construction industry, which details a record-setting year for the industry in its contribution to Canadian jobs, wages,…

2022 CHBA National Awards for Housing Excellence Winners Announced OTTAWA, ON – MAY 13, 2022 – The Canadian Home Builders’ Association (CHBA) is proud to announce the winners of the 2022 CHBA National Awards for Housing Excellence, a competition that recognizes excellence in new homes, renovations, community development, and residential marketing. This year, a record 800…

Canadian Home Builders’ Association Welcomes Federal Budget and its Support for Housing Supply – Next It Will Be Up To Municipalities to Action OTTAWA, ON – April 7, 2022 – The Canadian Home Builders’ Association (CHBA) welcomed many measures in today’s Federal budget, particularly those supporting and encouraging more market-rate housing supply and affordability. Canada’s supply…

2022 CHBA National Awards for Housing Excellence Finalists Named OTTAWA, ON – MARCH 15, 2022 – The Canadian Home Builders’ Association (CHBA) is pleased to announce the finalists for the 2022 CHBA National Awards for Housing Excellence. The annual competition recognizes the best in Canadian new homes, home renovations, community development and residential marketing. This year…

CHBA Launches Initiative Towards Cost-Effective Net Zero Energy Ready Residential Renovations OTTAWA – FEBRUARY 23, 2022 – Today, the Canadian home Builders’ Association (CHBA), with support from Natural Resources Canada, officially announced a new 5-year initiative towards cost-effective net zero energy ready residential renovations. In collaboration with local home builders’ associations, Canadian municipalities, and renovators and…

Builder Confidence Reaches Record Highs, Though Supply Chain and Labour Challenges Persist: Results from Q4 of CHBA Housing Market Index OTTAWA – January 31, 2022 – Builder confidence reached a record high in the 2021 Q4 results of the Canadian Home Builders’ Association (CHBA) Housing Market Index (HMI), released today. But while builder sentiment is rising, likely…

Net Zero Home Label to Recognize Renovated Homes that Produce as Much Energy as They Consume OTTAWA – OCTOBER 28, 2021 – The Canadian Home Builders’ Association (CHBA) today officially launched the Net Zero Home Labelling Program for Renovations. The new initiative continues CHBA’s long history in leading energy efficiency in residential construction and builds on…

Supply Chain Issues Affecting Residential Construction, Though Overall Sentiment Still Reasonably Strong: Results from Q3 of CHBA Housing Market Index OTTAWA – OCTOBER 26, 2021 – High demand for housing continues to command relatively strong builder confidence, though supply chain challenges have resulted in a lower sentiment indicated for the 2021 Q3 results of the Canadian Home…

Canadian Home Builders’ Association Reacts to Declining Homeownership Rates in Canada OTTAWA, ON – September 21, 2022 – The Canadian Home Builders’ Association (CHBA) was not surprised today by the 2021 census numbers related to housing and homeownership. The numbers show a continued decline in homeownership rates in Canada from 69.0% in 2011, to 67.8% in…