Tag: CMHC

Housing Supply Not Keeping Up With Immigration, Rents Soar

Economist sees path to housing affordability by 2025, except for Vancouver and Toronto News Analysis Housing supply is not keeping up with a rapidly growing population and the problem is worsening in 2023, with a downturn in home building underway due largely to higher interest rates. The government’s higher immigration targets and record-breaking year for processing immigration applications are putting ...

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