Newsroom

Today the federal government announced important changes to mortgage rules that will enable more well qualified buyers to access mortgages and become homeowners, which will drive more housing construction and supply. These changes are reflective of recommendations that CHBA has been calling for, as without qualified buyers, the industry can’t build the homes Canada needs.

The Canadian Home Builders’ Association (CHBA) released its 2024 Q2 Housing Market Index (HMI) today, which showed a very negative builder sentiment for a seventh consecutive quarter, prior to the release of the federal budget. The HMI is a leading indicator about the health of the residential construction industry in Canada, and its ongoing lows were a continuing signal for poor housing starts ahead, and the need for change in government policy.

CHBA has launched a new project to help prepare the industry for future building codes. The project, ‘Enabling Tiered Codes – Implementation and Market Preparedness,’ is funded by Natural Resources Canada under the Codes Acceleration Fund (CAF).

The Institute for Catastrophic Loss Reduction (ICLR) and the Canadian Home Builders’ Association (CHBA) are pleased to announce their collaboration on the Resilient Homes Task Force (RHTF) project. The Task Force is working to create evidence-based solutions for more resilient new homes, renovations, and homeowner maintenance.

Today the Canadian Home Builders’ Association (CHBA) announced the winners of the 2024 CHBA National Awards for Housing Excellence, Canada’s premiere competition for new homes, renovations, community development, and residential marketing.

The Canadian Home Builders’ Association (CHBA) released its 2024 Q1 Housing Market Index (HMI) today, which showed a very negative builder sentiment for a seventh consecutive quarter, prior to the release of the federal budget. The HMI is a leading indicator about the health of the residential construction industry in Canada, and its ongoing lows were a continuing signal for poor housing starts ahead, and the need for change in government policy.

The Canadian Home Builders’ Association (CHBA) welcomes the 2024 Federal Budget with its focus on housing and emphasis on increasing housing supply and affordability as well as removing barriers to first-time buyers trying to get into the market.

The Canadian Home Builders’ Association (CHBA) applauds the release of the Federal Housing Plan today.

The introduction of 30-year amortization periods for insured mortgages on new construction is very welcome news to CHBA.

Canada’s residential construction needs to grow to 83% to reach 5.8 million housing starts to address housing affordability.