Housing Starts Across Canada Will Drop in 2026: CMHC

Housing Starts Across Canada Will Drop in 2026: CMHC

Housing starts are forecast to decline this year despite federal efforts to boost construction, according to new projections from the Canada Mortgage and Housing Corporation (CMHC). In its latest Housing Market Outlook, CMHC said new construction activity is expected to fall through 2026 to 2028, dropping below the historical 10-year average. The agency cited high construction costs, softer demand, and rising inventories of unsold homes as key f…