All posts tagged “cmhc

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A nation of apartment dwellers

The Canada Mortgage and Housing Corporation (CMHC) recently published its latest data on housing starts, housing under construction, and housing completions. Here are a few of the highlights: Canada saw 271k housing starts last year (2021). This includes single-detached housing and multiples, which captures semi-detached… Read More

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Supply, not foreigners

The chief economist at the Canada Mortgage and Housing Corporation (CMHC), Bob Dugan, recently published a piece in Macleans called: why the foreign buyers tax isn’t making Vancouver more affordable. Here’s an excerpt: One year after the implementation of the foreign buyers tax, monthly sales to… Read More