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Doubling Pace of Construction over Next Decade Would Restore Housing Affordability to 2019 levels - Electrical Industry News Week
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Doubling Pace of Construction over Next Decade Would Restore Housing Affordability to 2019 levels - Electrical Industry News Week
June 30, 2025 Canada Mortgage and Housing Corporation (CMHC) released new estimates on Canada’s housing supply gaps showing that a return to housing affordability levels last seen in 2019 will require between 430k and 480k new housing units be built annually over the next decade. This is an approximate doubling of the current pace of home construction in Canada. New this year, the report provides specific housing supply gaps for the country’s l…
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