Canada needs 5.8 million new homes by 2030 to tackle affordability crisis, CMHC warns

Majority of supply gap found in Ontario and British Columbia, agency says The Canada Mortgage and Housing Corp. (CMHC) says 3.5 million more homes need to be built by 2030 to reach affordability. The agency released a report Thursday explaining the need for a different approach to the housing supply ...

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Vancouver Real Estate Market Update, May 2022

Spring ushers in calmer housing market trends in Metro Vancouver After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver this spring due, in large part, to rising interest rates. The Real Estate Board of Greater Vancouver (REBGV) reports that residential ...

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