The data from Canada’s latest Housing Market Index (HMI), published quarterly by the Canadian Home Builders’ Association (CHBA), fell yet again this quarter to new record lows for housing purchase/start prospects of all housing forms for ownership. CHBA’s single-family HMI reached a low of 23.3 out of 100, while the multi-family HMI was 16.8. The…
Dream of homeownership slipping as government policy falls short and industry layoffs abound
