Despite housing shortages across the country, 59 percent of builders who belong to the Canadian Home Builders’ Association (CHBA) say they are building fewer units, and 23 percent have reported they are cancelling projects.
The CHBA released Q2 2023 results for the Housing Market Index (HMI) last week, reporting data from the residential construction industry in Canada. An exclusive group of homebuilders from across the country respond to a series of questions about the market and report it to CHBA.
