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High Costs Lead to New Home Construction Staying Mostly Flat in Canada's Six Biggest Cities

Federal and Provincial Governments Seek To Encourage Supply
Aerial view looking down Robson Street at the skyline of Vancouver. (Justin Eckersall/CoStar)
Aerial view looking down Robson Street at the skyline of Vancouver. (Justin Eckersall/CoStar)
CoStar News
October 9, 2023 | 8:37 P.M.

New home construction remained mostly flat in Canada's six largest markets over the first half of the year, despite the strong demand for housing and the Crown corporation advising the federal government to call for more supply.

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