Government is falling short of its aim to vastly expand Canada’s affordable housing stock
Pilot Tiny Home elective was offered for Grades 4-7
Ranking considered affordability, economies and growing power for the cities
Dwelltech founder constructs 72 square foot home as passion project
Potential exists that first-time homebuyers are starting to get priced out of the market
New mortgage stress rules come into effect on June 1
Many households have taken on large mortgages compared with their income
Market watchers say a countrywide tax on non-resident homebuyers amounts to a ham-fisted approach
CMHC says the six-month moving average of the monthly seasonally adjusted annual rates was 273,664 in March
And still no protection for people who can’t pay rent due to COVID-19
Community feedback had been robust
Lumber prices have added as much as $30K to the construction cost of a typical 2,500-square-foot house
The report also forecasts a firmer rental market through 2022 as economic conditions normalize
Indigenous housing providers are pushing for the government to finally unveil a plan
The seasonally adjusted annual rate of housing starts rose to 214,875 units last month
The COVID-19 pandemic has made housing affordability an even bigger issue
A potential second wave of the virus, higher unemployment and the pace of an economic recovery could affect housing
