CMHC

Ontario housing starts tumble, developers warn situation will ‘get worse before it gets better’

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Ontario housing starts tumble, developers warn situation will ‘get worse before it gets better’

Two years and multiple housing laws since the Ford government promised to build 1.5 million new homes in a decade to solve Ontario’s housing crisis, key indicators suggest home construction is grinding to a trickle. The number of housing starts in the first half of 2024 has lagged behind the previous year, while June saw … Read more

First-time homebuyer incentive program ending, CMHC says – National

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First-time homebuyer incentive program ending, CMHC says – National

By Staff The Canadian Press Posted March 1, 2024 2:27 pm 1 min read Descrease article font size Increase article font size Canada’s housing agency says it is ending the first-time homebuyer incentive program. Canada Mortgage and Housing Corp. says the deadline for new or updated submissions to the program is midnight eastern time on March 21. … Read more