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STOREYS Daily - Feb 14 '23

STOREYS Daily - Feb 14 '23

"As Canada grapples with a housing supply shortage and eroding affordability, it’s easy to villainize the federal government’s immigration targets. But, like the myth of immigrants “stealing” jobs, new Canadians are not to blame for the issues plaguing the housing market."

Zoe Demarco, STOREYS Staff Writer

Canada Needs 100K More Housing Starts in 2023 to Offset Price Gains From Immigration: Report

Housing starts across Canada will need to increase by nearly 50% in order to offset the price gains expected to arise from the federal government’s increased immigration targets.

More STOREYS

“Precedent-Setting” Building Application Sparks Parking and Density Concerns

Sustained Market Uncertainty Has Put Home Inspectors in “Dire” Situation

Despite Record-Low Sales, Lack of Inventory Keeps GTA Market Competitive

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