Canada Mortgage and Housing Corp. estimates that getting housing affordability back to levels seen in 2019 will require that between 430,000 and 480,000 units be built annually over the next decade, double the current pace of construction.
CMHC reports Canada may need to double housing construction to regain affordability
Major bank suggests increase would require 'revolution' in completions
By Garry Marr
CoStar News
June 23, 2025 | 8:17 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Companies
- Canada Mortgage & Housing Corporation - CMHC
Public Administration