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CHBA Releases Strategy for Building 5.8 Million Homes

Posted on 2/8/2024
CHBA has released a strategy detailing changes and supports needed to enable the industry to build 5.8 million homes in the next decade to close Canada’s housing supply gap and improve housing affordability.

Record low builder sentiment foreshadows troubling housing starts

Posted on 1/30/2024
The 2023 Q4 CHBA Housing Market Index (HMI) reports that builders are increasingly worried about the state of industry conditions, and that housing starts will be further repressed in 2024.

Housing supply outlook dim as builders continue to feel the effects of interest rate hikes

Posted on 11/2/2023
OTTAWA – November 2, 2023 – The 2023 Q3 Housing Marketing Index (HMI) was released by the Canadian Home Builders’ Association (CHBA) today, and the outlook is dim for Canada’s housing supply. The HMI for single- and multi-family construction fell in

Removal of GST on Purpose-Built Rental Addresses Long-Standing Barrier

Posted on 9/14/2023
OTTAWA – September 14, 2023 – The federal government’s move today to waive the GST on purpose-built rental addresses a long-standing issue that has prevented the construction of more rental housing for decades. The Canadian Home Builders’ Association

Low builder confidence improves slightly but lack of buyers still hurting overall industry sentiment

Posted on 8/9/2023
The Canadian Home Builders’ Association (CHBA) released the 2023 Q2 Housing Marketing Index (HMI) today, which saw both single- and multi-family indexes remain low but increase slightly once again this quarter, improving from the lows recorded in Q4

Immediate Government Action Needed to Offset Latest Interest Rate Hike’s Effect on Housing Supply

Posted on 7/12/2023
As the Bank of Canada continues to raise interest rates to fight inflation, the Canadian Home Builders’ Association (CHBA) is calling on the federal government to implement policies to help counter the effects that rising interest rates are having on

Market Still Slow Despite Slight Increase in Builder Confidence due to Plateau on Interest Rate Hike

Posted on 5/30/2023
Today’s release of the 2023 Q1 Housing Marketing Index (HMI) coming from the Canadian Home Builders’ Association indicates that builder confidence is still low but has slightly risen, as high interest rates and prices keep many prospective buyers on

Federal Funding to CHBA to Support Energy-Efficient Home Construction and Renovations across Canada

Posted on 5/29/2023
Today, Julie Dabrusin, Parliamentary Secretary to the Minister of Natural Resources and to the Minister of Environment and Climate Change, announced $1.3 million in funding to CHBA over five years to accelerate the uptake of innovative technologies f

Minto Communities GTA and Metropia unveil Markham’s First Net Zero Home

Posted on 4/21/2023
Today the Canadian Home Builders’ Association (CHBA) is recognizing CHBA Members Minto Communities GTA and Metropia for the first Net Zero Home qualified under CHBA’s Net Zero Home Labelling Program, located in Markham’s highly sought-after Union Vil

2023 Federal Budget Housing Measures at a Glance

Posted on 3/28/2023
Budget 2023 reinforced all of the housing commitments from last year’s budget—a budget many referred to as “the housing budget”—without much in the way of new actions for this year. The Canadian Home Builders’ Association (CHBA) was pleased that the

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