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CMHC Data Shows Housing Affordability Target Now Out Of Reach

Summary by The Deep Dive
New data from CMHC reveals that the federal government’s ambitions to significantly improve housing affordability by 2025 are unlikely to be met. Housing starts nationwide are hundreds of thousands below the levels deemed necessary to ease affordability pressures, with CMHC forecasting a further slowdown in construction in 2025. Going, going, gone: New @CMHC_ca figures confirm it is mathematically impossible for feds to meet housing target on a…
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the deep dive broke the news in on Saturday, February 8, 2025.
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