Tag: Construction Trends
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Current Trends in Canadian Housing Construction
The State of Housing Construction in Canada In the first half of this year, housing construction in seven major Canadian cities reached near historical highs, yet the numbers indicate a troubling stagnation. While the construction of all types of housing is crucial for addressing the ongoing demand, the slight decline compared to previous record levels…
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Housing Starts Near Historical Highs but Still Insufficient
Understanding the Current Situation of Housing Starts in Canada The housing market in Canada has seen a remarkable surge in recent years, particularly with respect to housing starts in major cities. However, recent reports indicate that, despite these numbers approaching historical highs, the supply is still lagging behind the overwhelming demand. This paradox raises crucial…