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Not fast enough: More homes are being built, but targets still far off, says CMHC

Ari Rabinovitch September 09, 2025 1 min read
Global News
Not fast enough: More homes are being built, but targets still far off, says CMHC
AI Article Summary

A report by the Canada Mortgage and Housing Corporation reveals varying levels of construction activity across Canadian markets. Although some regions are experiencing increased construction, the overall building targets remain unmet. In particular, Toronto is witnessing a significant decline in residential construction activities. The report highlights continuing challenges in meeting housing demands across the nation.