Source Feed: CBC News - Canada
Publication Date: July 17, 2025 - 06:00
'We've been looking for almost a year': Why Sask.'s housing market is red hot
July 17, 2025
Both Regina and Saskatoon have few houses for sale, and real estate agents say 2021’s record-low interest rates are partly to blame.
OTTAWA — Canada’s housing crisis may get worse before it starts to show much relief, as new projections say that the number of housing starts will actually decrease this year and next.
These new estimates, from both public and private sector housing forecasts, contradict political promises from all levels of government to boost supply of homes across the country.
The Canada Mortgage and Housing Corporation (CMHC) forecasts that the total number of housing starts in Canada this year will be about 237,800, down from 245,367 in 2024. CMHC, a Crown corporation that acts as Canada’s...
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