Elevated inventory levels are expected to keep price growth subdued throughout 2026.
Slower population growth and reduced immigration are weighing on housing demand.
Condo construction is declining, though rental supply continues to expand.
Market conditions are shifting gradually toward buyers in some segments.
CMHC says development charge cuts could boost housing starts 14%
Scrapping municipal development charges could boost housing starts by up to 14% in expensive Canadian markets like Burnaby, Vancouver, and Toronto. Reducing or eliminating these fees makes more construction projects financially viable, especially in high-cost...