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By Staff The Canadian Press Posted March 15, 2024 9:49 am 1 min read Descrease article font size Increase article font size Canada Mortgage and Housing Corp. says the annual pace of housing starts in February climbed 14 per cent compared with January. The national housing agency says the seasonally …
Read More »High interest rates are slowing homebuilding, but the worst is yet to come – National
Homebuilding in Canada is slowing down just as policymakers are trying to pick up the pace. The rapid surge in interest rates over the last year is starting to throttle the pace of homebuilding, the Canada Mortgage and Housing Corp. (CMHC) warned in a new housing supply report Wednesday. As …
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