Posts Tagged ‘housing supply’
Spring Economic Update Takes Steps Toward More Comprehensive Plan for Housing Supply and Affordability
CHBA is pleased to see a broad swath of measures for residential construction, both new and continuing, in today’s Spring Economic Update from the federal government. CHBA has continuously called for a comprehensive approach to addressing Canada’s housing supply and affordability crisis. While more measures are required, and details must be formalized to ensure the announced measures have the intended impact, today’s Update shows further steps in that direction.
Read MoreCanadians want to see holistic plan for market-rate housing in federal Spring Economic Update
Research conducted by Abacus Data on behalf of CHBA highlights the urgent need for a more comprehensive federal housing strategy that includes stronger support for market-rate housing. Just one in four Canadians believe the federal government has a formalized plan to address market-rate housing.
Read MoreLow builder confidence illustrates need for sustained federal action plan focused on homeownership housing
CHBA’s Q1 2026 Housing Market Index (HMI) shows near record-low builder confidence in the single-family market and a new record low in the multi-family market—signalling fewer housing starts for homeownership ahead without focused policy action. Even regions like Atlantic Canada and the prairies that had been weathering the trade-war storm are now slowing, with dropping builder confidence from coast to coast.
Read MoreCHBA applauds federal-Ontario plan to support municipal development charge reductions
CHBA welcomes today’s federal announcement to work with Ontario to support the reduction of municipal development charges (DCs) by up to 50%. More deals with other provinces are expected to come.
Read MoreFederal funding for provinces a step toward supporting homeownership affordability
CHBA is encouraged to see the federal government acknowledge that support for the construction of market-rate housing ownership is needed, via today’s introduction of Bill C-26, and emphasizes that strong accountability measures will be critical to ensure these funds are used effectively.
Read MoreCanadians Support Expansion of GST Relief on New Housing
Public opinion research conducted by Abacus Data for CHBA shows Canadians feel the recently passed Bill C-4 is a step toward improving housing affordability, but also that Canadians want and would support more GST relief on new housing.
Read MoreGST relief for first-time home buyers now in effect
After almost a year since the Prime Minister announced the government’s intention to remove the GST on new homes under $1 million and lower it on homes between $1 million and $1.5 million for first-time buyers, Bill C-4 (the bill containing the legislation) has finally received Royal Assent.
Read MoreNew home selling conditions reach a critical low point for future industry capacity
CHBA’s Q4 2025 Housing Market Index results continue to raise red flags, signaling even fewer future housing starts for homeownership and warning of diminished long-term industry capacity if layoffs continue and strategic action is not taken to help the market rebound soon.
Read MoreCanada’s new home construction challenges ongoing amid economic uncertainty
CHBA’s 2025 Q2 Housing Market Index (HMI) saw little change since last quarter, with builders remaining decidedly pessimistic about sales conditions. CHBA’s single-family HMI is 24.9 (out of 100), and the multi-family HMI is 22.8 – both at near record lows, and firmly in negative builder sentiment territory for the twelfth straight quarter.
Read MoreDim outlook for new home construction in Ontario and BC as sentiment in Canada’s new home construction industry stays in near record-low territory
CHBA’s 2025 Q1 Housing Market Index (HMI) is in its eleventh quarter of negative sentiment since dropping from the post-pandemic highs in 2021 and early 2022. While industry sentiment has been low for eleven quarters, builders have typically remained optimistic that future sales would be an improvement over their current sales conditions (though still in negative territory). However, that optimism has dissolved.
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