Housing

CMHC president Evan Siddall speaks to the Canadian Club of Toronto in Toronto on June 1, 2017. THE CANADIAN PRESS/Nathan Denette

New tools, ideas needed to speed up housing strategy funding, CMHC president says

The COVID-19 pandemic has made housing affordability an even bigger issue

CMHC president Evan Siddall speaks to the Canadian Club of Toronto in Toronto on June 1, 2017. THE CANADIAN PRESS/Nathan Denette
Real estate for sale signs are shown in Oakville, Ont. on December 1, 2018. Canada Mortgage and Housing Corp. expects a drop in home prices in the country’s biggest cities amid “severe declines” in home sales and construction. The federal housing agency says a combination of factors related to the pandemic, such as higher unemployment and lower income, will slow housing starts and push sales and home prices below pre-COVID levels. CMHC says the market likely won’t see a return to pre-pandemic levels before the end of 2022. THE CANADIAN PRESS/Richard Buchan

CMHC expects uneven and uncertain recovery in country’s housing market

A potential second wave of the virus, higher unemployment and the pace of an economic recovery could affect housing

Real estate for sale signs are shown in Oakville, Ont. on December 1, 2018. Canada Mortgage and Housing Corp. expects a drop in home prices in the country’s biggest cities amid “severe declines” in home sales and construction. The federal housing agency says a combination of factors related to the pandemic, such as higher unemployment and lower income, will slow housing starts and push sales and home prices below pre-COVID levels. CMHC says the market likely won’t see a return to pre-pandemic levels before the end of 2022. THE CANADIAN PRESS/Richard Buchan
Real estate for sale signs are shown in Oakville, Ont. on Saturday, Dec.1, 2018. THE CANADIAN PRESS/Richard Buchan

CMHC sees declines in home prices, sales, starts that will linger to end of 2022

CMHC said average housing prices could fall anywhere from nine to 18 per cent in its forecast

Real estate for sale signs are shown in Oakville, Ont. on Saturday, Dec.1, 2018. THE CANADIAN PRESS/Richard Buchan
A ceremony to celebrate a land donation from Teck to the Elkford Housing Society took place on Thursday, January 16. Photo Submitted

Teck donates land to Elkford Housing Society

The land donation ceremony took place on January 16

  • Jan 22, 2020
A ceremony to celebrate a land donation from Teck to the Elkford Housing Society took place on Thursday, January 16. Photo Submitted
Harvey Clause, an Abbotsford homeless man and advocate, reflects on a few fatal overdoses over the past few weeks. Clause says grieving while homeless holds distinct challenges with little for privacy and little time to process grief. Dustin Godfrey/Abbotsford News

Nowhere to grieve: How homeless people deal with loss during the opioid crisis

Abbotsford homeless advocate says grief has distinct challenges for those living on the streets

Harvey Clause, an Abbotsford homeless man and advocate, reflects on a few fatal overdoses over the past few weeks. Clause says grieving while homeless holds distinct challenges with little for privacy and little time to process grief. Dustin Godfrey/Abbotsford News
(Black Press Media files)

Rate hike could ‘compound’ slowdown of B.C real housing market: realtor

Rate increase will likely mean buyers take a more cautious approach

(Black Press Media files)