housing crisis Archives - Mortgage Rates & Mortgage Broker News in Canada

500,000 fewer homes needed in Canada by 2035 as population set to decline: Oxford

January 22, 2025 4 Comments

Canada’s housing needs are projected to decrease by 500,000 homes by 2035, driven by a decline in population, according to new research from Oxford Economics.

‘Now’s the time’: As Canada ramps up housing, advocates urge more accessible builds

December 27, 2024 No Comments

Five-year-old Beau starts each day being carried by one of his parents to the family’s living room, where his wheelchair awaits in their Beamsville, Ont., home.

Nova Scotia Progressive Conservative Leader Tim Houston

Liberals, NDP to blame for Nova Scotia housing crisis, says Tory Leader Houston

November 20, 2024 No Comments

Previous Liberal and NDP governments are to blame for Nova Scotia’s housing crisis, Progressive Conservative Leader Tim Houston said Wednesday on the campaign trail, boasting that his party’s plan to build more homes is bearing fruit.

European housing solutions to affordability crisis

What European housing models could do for Canada’s affordability problems

November 3, 2024 No Comments

Housing experts who have long promoted moving new home construction from suburbs to urban centres are calling for a similar approach to policy, saying several ideas currently percolating on the fringes of society in Canada have proven successful elsewhere and deserve a more central place in the national conversation.

Mortgage reforms alone won’t solve housing crisis, says Mortgage Professionals Canada CEO

October 24, 2024 1 Comment

Recent mortgage reforms introduced by the federal government, while a step in the right direction, aren’t enough to fully address Canada’s growing housing affordability crisis, according to Lauren van den Berg, CEO of Mortgage Professionals Canada.

Manitoba government to put up $10 million for new housing investment trust

October 8, 2024 No Comments

The Manitoba government is putting up $10 million for a new fund aimed at getting more affordable housing units on the market.

Labour shortage in construction among obstacles facing Ottawa’s housing plan: report

September 10, 2024 1 Comment

A new report by Desjardins warns Ottawa’s efforts to kickstart new housing supply likely won’t be enough to meet “optimistic” targets due to regulatory hurdles and constraints on labour, materials and financing.

How modular housing could speed up construction of much-needed homes

August 5, 2024 No Comments

For a country with such a severe shortage of housing, the way Canada builds homes hasn’t changed that much since the country was founded.

Mortgage Digest: Bond yields fall to 2-year lows, more rate cuts to follow

August 4, 2024 No Comments

A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

More rental housing development needed despite recent rise: RBC economist

July 3, 2024 2 Comments

Even though rental housing construction in Canada has picked up significantly, more is needed to fill the demand backlog, according to a new RBC report.

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