Housing starts held back by regulatory conditions, structural factors: CMHC

Housing starts held back by regulatory conditions, structural factors: CMHC

OTTAWA - A new report by the Canada Mortgage and Housing Corp. says regulatory conditions, along with economic and demographic structural factors, have slowed the pace of housing starts and

Housing starts held back by regulatory, structural factors: CMHC

A new report by the Canada Mortgage and Housing Corp. says regulatory conditions, along with economic and demographic structural factors, have slowed the pace of housing starts and pushed home prices higher. In a report that looked at the housing market from 2006 to 2024, the agency estimated that annual housing starts could have been nearly 30% higher in 2024 if the Canadian housing industry had been as responsive as the U.S. industry. It also …