While many cities across the country struggled with acute housing shortages, more than one in four of Canada’s urban neighbourhoods declined, according to a new study. “Making Room for Growth, Housing Intensification in Canada’s Cities,” published by the Fraser Institute on June 8, said despite policymakers knowing there is a lack of new housing, some…
1 in 4 Neighbourhoods Saw Housing Units Decline During Acute Housing Shortage
New Residential Home Construction Costs Soared by 51 Percent Since COVID: Bank Report
The cost to build a new residential home has skyrocketed 51 percent since the start of COVID, causing higher prices during what is already a severe housing crisis, according to a new report by the Royal Bank of Canada (RBC). The June 27 report by RBC economists Robert Hogue and Rachel Battaglia said the increase…
New Residential Home Construction Costs Soared by 51 Percent Since COVID: RBC Report
The cost to build a new residential home has skyrocketed 51 percent since the start of the COVID-19 pandemic, causing higher prices during what is already a severe housing crisis, according to a new report by the Royal Bank of Canada (RBC). The June 27 report by RBC economists Robert Hogue and Rachel Battaglia said…
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