With builder confidence under pressure, industry leaders say homeownership needs a clearer federal plan, plus strategic provincial action on taxes and supply.
Recommended affordability levers include eliminating taxes on new homes, reducing development charges, and considering responsible mortgage stress-test changes for ownership access nationwide.
A $1.7B federal housing-cost injection was described as a positive step, with provinces urged to deploy funds effectively and avoid added market confusion.
Yet, 47% of builders laid off workers… meaning future housing supply is already being choked.
Fewer homes, tighter supply, rising pressure—smart buyers and investors move before the rebound, not when headlines catch up.
Toronto board of trade urges Ontario to amend zoning and building code rules to spur housing growth
As someone dedicated to guiding clients through every aspect of real estate and home inspection, I pay close attention to the changes that affect our housing market. The Toronto Board of Trade is highlighting a...