Real Estate

CBA Construction Monitor Looks at Housing Crisis

CBA Construction Monitor Looks at Housing Crisis

In 1972, with a population of 22 million, Canada built 232,200 new homes. Fifty years later in 2022, with a population of 39 million, fewer than 220,000 new homes were built. We have not been able to move the needle on supply in two generations. In fact, we’re losing ground.