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CMHC · CanadaIn its July housing starts report published Monday, the Canada Mortgage and Housing Corporation says home building was four per cent faster than in June. If July’s level held for 12 months, that would equal about 294,085 homes a year. But it still falls short of the agency’s benchmark of 430,000 to 480,000 homes a year needed to restore pre-pandemic affordability.See the Story
Canada Builds Homes Faster in July, but Gaps Remain
49% Center coverage: 8 sources
Housing · TorontoA report on purpose-built rental constructions in the GTA paints a dire picture of future housing conditions, if all levels of government don’t make changes to keep up with the growing population.See the Story
Report on Purpose-Built Rentals in GTA Paints Dire Picture on Future Housing Conditions
67% Center coverage: 3 sources
CMHC · EdmontonDowntown Edmonton hosts thousands of post-secondary students, so to support their success as well as the revitalization of the downtown core, the City of Edmonton is introducing a new Downtown Student Housing Incentive program. It's the first program of its kind in Canada, according to the City."The Program has two main priorities: increasing downtown revitalization and off-campus student housing," said City staff in a Council report. "Projects …See the Story
