“The biggest issue affecting housing affordability in Canada is that supply simply isn’t keeping pace with demand,” the report noted. CMHC said this is the first report in a series that will be released throughout 2022 and 2023 to “inform better policies and decis...
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Growth in residential construction was mixed across Canada’s six largest centres in 2022, the CMHC said. Housing starts increased in Toronto, Calgary, Edmonton and Ottawa, while Montréal starts decreased. Starts in Vancouver remained unchanged. ...