Housing supply

Ontario’s Speech from the Throne calls for ‘bold action’ on housing supply in the province

Ontario Premier Doug Ford kicked off a new legislative session today, re-introducing his government’s provincial budget, now titled Construction Plan (Budget Measures) Act, 2022 — in the Speech from the Throne. It is widely expected that the re-tabled budget – the largest in the province’s history – will be virtually the same as when it […]

Housing supply

Tenant protections vs housing supply: why not both?

As a rabid and boring advocate of increased density, it has been music to me to hear local leaders talk about the importance of more housing to solving our affordability crisis. However, some of the reinvigorated interest in the offer has apparently been used solely to deflect calls for consumer protections, such as rent stabilization […]

Housing supply

Ketchikan Borough Assembly passes reforms to boost housing supply

A view of Ketchikan from the top of the Edmonds Street stairs. In support of the plan, developer Bruce Hattrick said Ketchikan’s steep, rocky terrain makes it difficult and expensive to develop new lots. (KRBD File Photo) The Ketchikan Borough Assembly on Monday passed a four-part measure aimed at easing the area’s housing crisis. Beginning […]

Housing supply

Biden pledges stimulus funds to increase housing supply

Image source: Getty Images This is a measure that could help solve the affordable housing crisis. Key points Affordable housing is a major issue affecting people across the country. The Biden administration aims to solve the problem by allocating stimulus funds to build homes. Housing is the typical American’s biggest monthly expense. But for many […]

Housing supply

The US Treasury will increase the supply of affordable housing and reduce long-term housing costs for American families

The U.S. Department of the Treasury announced new guidance (July 27, 2022) to increase the ability of state, local, and tribal governments to use U.S. bailout (ARP) funds to boost the supply of affordable housing in their communities . The step follows a commitment in the administration’s recently released Housing Supply Action Plan to leverage […]

Housing supply

Town Center Empty Properties Fund ‘only touches the surface of housing supply’

Policy initiatives such as the Scottish Government’s recently announced Town Center Empty Properties Fund are only scratching the surface of the housing sector’s problems and something more fundamental and longer-term is needed, according to a property company. DJ Alexander Ltd believes that while the policies are to be commendable, they do not address the real […]

Housing supply

Treasury Announces New Measures to Increase Affordable Housing Supply and Reduce Long-Term Housing Costs for American Families

Treasury Releases Updated Guidelines and How-to Guide to Increase Investments in Affordable Housing Using U.S. Bailout Funds WASHINGTON – The U.S. Treasury Department today announced new guidelines aimed at increasing the ability of state, local and tribal governments to use U.S. bailout (ARP) funds to boost the supply of affordable housing in their communities. The […]

Housing supply

New Treasury Department measure aims to boost supply of affordable housing

The U.S. Treasury Department has issued guidelines aimed at increasing the ability of state, local and tribal governments to use U.S. bailout (ARP) funds to boost the supply of affordable housing in their communities. The Treasury Department step follows a commitment in the Biden administration’s housing supply action plan to mobilize ARP funds for affordable […]

Housing supply

Default masking shortfall in Sydney housing supply

Sydney faces a chronic housing shortage, due in part to the way housing targets are set, the Property Council of Australia has warned. The analysis showed that several districts in Greater Sydney were struggling to provide enough housing and were not meeting targets, said PCA NSW executive director Luke Achterstraat. “Every year that the house […]

Housing supply

Forget red or green tape, developers squeeze housing supply with gold tape

Planning departments across the country have been crucified for decades, but no one has turned the mirror the other way to see what developers are doing to preserve their profits. Certainly, infrastructure planning and delivery could be improved, but even if planners produced approvals overnight, that would not change the incentive to maintain a floor […]

Housing supply

Biz News: NHFIC Major Bank Lender RFP, Housing Supply, Waste BINGO, Revolve ReCYCLING, Powerhouse Ultimo Design Competition, Essity, ModiBodi, Archwey and more…

BUSINESS NEWS: NHFIC invites tenders from major bank lenders to expand panel of lenders for Housing Guarantee Scheme The National Housing Finance and Investment Company (NHFIC) has initiated a Request for Proposals (RFP) process, to enable ANZ and Westpac to join its main panel of bank lenders for the Home Guarantee Scheme – an Australian […]

Housing supply

Housing supply issues ‘rising on a location-by-location basis’: strategist

David Auerbach, managing director of Armada ETF Advisors, joins Yahoo Finance Live to discuss mortgage rates, housing supply, home buying sentiment and more. Video transcript [MUSIC PLAYING] Jared Blikre: Happy to see you again. Mortgage rates are rising again, with Freddie Mac reporting a 30-year fixed rate at 5.54%. How do these high rates affect […]

Housing supply

Housing supply in Canada has exceeded household formation for two decades, says BMO

Canada’s oldest bank is stepping up its efforts to claim that the housing shortage is a myth. BMO Capital Markets wrote to clients Thursday morning with another data point – completions versus household formations. The bank’s analysis argues that home completions have outpaced household formations for two decades. However, easy credit and successive waves of […]

Housing supply

New Prime Minister faces housing supply crisis, warns NRLA

The NRLA warns the next Prime Minister must tackle the supply crisis in the private rental sector if homeownership ambitions are to become a reality. New survey data from the National Residential Landlords Association (NRLA) shows that the supply of rental housing is expected to continue to decline over the next year. According to this […]

Housing supply

Landlords challenge next Prime Minister to tackle housing supply crisis

The next Prime Minister must tackle the supply crisis in the private rental sector if homeownership ambitions are to become a reality, warns the National Residential Landlords Association, as new survey data shows that the supply of rental housing is expected to continue to decline over the next year. . According to this study, carried […]

Housing supply

Chester County Commissioners Join HUD in Pledge to Increase Supply of Affordable Housing

With 350 affordable housing units for low-to-moderate income families planned or recently completed, Chester County has joined a growing number of cities and counties nationwide to enroll in the US Department of Housing’s House America program and of Urban Development (HUD), an all-hands-on effort to address the country’s homelessness crisis. Chester County Commissioners recently presented […]

Housing supply

University researchers help reveal Miami-Dade’s affordable housing supply

The Office of Civic and Community Engagement has partnered with Miami-Dade County housing officials to create an innovative tool that will identify affordable housing and workforce housing. Over the past two years, Miami has experienced a real estate boom like no other. Along with rising house prices, monthly rental rates in Miami-Dade County have skyrocketed […]

Housing supply

What does the action plan mean for the supply of accommodation for nomadic workers

In May, President Biden announced his administration’s housing supply action plan, which aims to mitigate the effects of market volatility and housing costs on the American people over the next five years. . The plan outlines steps such as improving forms of federal funding through loans for projects such as multi-family developments, as well as […]

Housing supply

Resizing housing supply is crucial to defusing the affordability crisis

More single occupancy housing is needed to ensure Australia scales up housing demand in the future, according to a leading social and affordable housing body. The 2021 census results showed a sharp increase in the number of one-person households, with the average household size increasing from 2,594 people per household in 2016 to 2,541 in […]

Housing supply

As housing supply fails to meet demand in Dallas, rent is too high

By now you are probably already feeling the pinch. As more and more people move to Texas, the least surprising thing is happening in Dallas: rents are skyrocketing. The Texas Realtors 2021 Relocation Report found that between 537,000 and 582,000 people moved to Texas in 2019, and the state ranked second in relocation activity in […]

Housing supply

How to Generate Listings Despite a Limited Housing Supply — RISMedia

The lull in homes available for sale continued to be at the heart of many challenges facing buyers and real estate professionals. Despite the gradual growth of the housing stock, agents and brokers argue that this is not enough to explain the deficit that has been simmering for a decade now. “We’re in a housing […]

Housing supply

Understanding Housing Shortages in Canada

This analysis examines the problem caused by the lack of housing supply, but does not seek to solve all the complex problems that affect housing affordability. Alternative approaches to reducing demand are not explored in this report. This is just one of many reports we will publish in the future to deepen our understanding and […]

Housing supply

/REPETITION — Media Advisory

OTTAWA (ON), June 21, 2022 /CNW/ – The Canada Mortgage and Housing Corporation (CMHC) will release its report, from Canada Housing supply shortages: estimating what it takes to solve from Canada housing affordability crisis by 2030. CMHC Logo (CNW Group/Canada Mortgage and Housing Corporation) This report takes initial steps to estimate how much more housing […]

Housing supply

Canada needs ‘everyone on deck’ to close housing supply gap, says CMHC

According to a new report, the current rate of residential construction in Canada will see the country face a gap of 3.5 million units by 2030, well below the housing affordability mark. Canada Mortgage and Housing Corporation (CMHC) released its latest analysis on Canada’s housing stock challenges on Thursday. The agency projects that Canada will […]

Housing supply

Saudi Arabia launches phase 2 land program to increase housing supply in its metropolis

RIYADH: Every startup’s dream is to reach a $1 billion valuation to become a unicorn. But, with the global need for a sustainable future, startups are eager to join the new gigacorn club. To enter this elite club, a company must offset one gigatonne of the world’s 52 gigatonnes of carbon dioxide emissions. Egyptian infrastructure […]

Housing supply

Landlords forced to compromise due to lack of suitable housing supply

“It’s not just the quantity of homes that we’re missing, but the type and suitability of properties coming to market – whether new or existing homes.” The report found that two-thirds of Britons (59%) feel trapped in a property that does not meet their needs, but have nowhere to go because of insufficient suitable accommodation, […]

Housing supply

Lack of supply of suitable housing forces landlords to compromise: YBS

Landlords and buyers at all stages of the property ladder are being forced to compromise as the lack of supply of suitable accommodation contributes to the current housing crisis, according to the latest analysis from the Yorkshire Building Society (YBS) . The report found that two-thirds of Britons (59%) feel trapped in a property that […]

Housing supply

Housing Council calls for housing supply measures to complete shared equity trial

The Property Council of Australia welcomed the New South Wales government’s strong commitment to helping residents access home ownership, but stressed the critical role of supply measures in the policy mix. NSW chief executive Luke Achterstraat said the government’s shared capital lawsuit was an indicator of the extent of the challenges in the housing market. […]

Housing supply

Housing supply plummets under added pressure from asylum seekers – The Irish Times

In the summer of 1998, four young Congolese men lived in a large, ramshackle house on Montpelier Hill in Dublin 7, divided into more than a dozen apartments. When I met them in their studio, they were playing Scrabble to improve their English. Their vocabulary had greatly improved since their arrival in Ireland. They helpfully […]

Housing supply

Comment: Lowering inflation will not help housing supply

By Conor Sen / Bloomberg review Wednesday’s Federal Reserve meeting provides the clearest sign yet that the central bank is treating inflation as a national emergency, with markets expecting a 0.75% increase in interest rates. But the Fed’s policy actions come at a high cost, especially in the housing market. With mortgage rates having crossed […]

Housing supply

HUD “Our Way Home” focuses on providing affordable housing

US Housing and Urban Development (HUD) Secretary Marcia L. Fudge earlier this month launched the “Our Way Home” initiative, a new effort to boost the nation’s supply of affordable housing. Our Way Home is a nationwide initiative that enhances unique housing delivery successes in local communities and connects cities, counties, tribal communities, states and U.S. […]

Housing supply

Chester County pledges to increase supply of affordable housing – Daily Local

WEST CHESTER – With 350 affordable housing units for low-to-moderate income families planned or recently completed, Chester County has joined a growing number of cities and counties nationwide in joining the U.S. Department of Housing’s House America program and urban development, an all-hands-on effort to address the country’s homelessness crisis. Chester County Commissioners recently presented […]

Housing supply

Ontario Encourages Fast Application Process to Increase Housing Supply (Webinar) – Real Estate

June 07, 2022 Osler, Hoskin & Harcourt LLP To print this article, all you need to do is be registered or log in to Mondaq.com. from Ontario More Homes for All Act 2022, received Royal Assent on April 14, just over two weeks after its first reading at Queen’s Park. Osler […]

Housing supply

“It’s time to act” on the housing supply, says the head of RE/MAX

Written by Penelope Graham After years of discussion by the province’s political parties of all stripes, Christopher Alexander would like to see — finally — real action on Ontario’s supply crisis. “From our perspective, the challenge has been supply and demand. It’s well documented now, but that’s our problem. And we are really far behind […]

Housing supply

HUD Program Tackles Housing Supply Crisis

The move, supported by the NAR, gives HUD the flexibility to boost affordable housing in a variety of ways, such as advocating for zoning changes and working with local authorities. WASHINGTON — The Department of Housing and Urban Development (HUD) announced a new program designed to help the nation’s housing shortage by boosting affordable housing. […]

Housing supply

NAHB says housing supply and affordability will improve with more workers

E-mail Sign up for our free weekly newsletter According to a new report from the Home Builders Institute, a severe shortage of construction workers continues to weaken housing supply and affordability. The construction industry can significantly alleviate the problem by working closely with unions to train and place thousands more in the skilled trades, the […]

Housing supply

Housing supply needs to be repaired quickly, say property bosses from Mirvac, Lendlease, Stockland and PwC

Tony Lombardo took over the management of Lendlease last year. In his previous role as Asia manager, he was familiar with Singapore’s carefully managed approach to housing and a planning system that can deliver in months what it takes years to approve in Australia. “We should have bipartisan support for a 25-year vision for this […]

Housing supply

Phelps Co. wants to control rural housing supply | Local News

HOLDREGE – The Phelps County Development Corp. is preparing a county-wide housing study, including each community and rural areas of Phelps County. The assessment will highlight current demographic and economic statistics, target demand for local housing units, and a five-year action plan for new housing development and existing housing rehabilitation activities. PCDC is assisted by […]

Housing supply

Labor shortage continues to weaken housing supply and affordability

A severe shortage of construction workers continues to weaken housing supply and affordability, according to a new report from the Home Builders Institute. The construction industry can significantly alleviate the problem by working closely with unions to train and place thousands more in the skilled trades, says HBI CEO Ed Brady. “The lack of skilled […]

Housing supply

More skilled workers needed to increase housing supply and facilitate affordability

“Boosting housing supply requires training and placing thousands more skilled workers in well-paying jobs,” Brady said. “This is urgently needed as many of those working in the trades have aged or have left the sector permanently for other opportunities. As a nation, we need to train the next generation of skilled tradespeople. “It means recruiting […]

Housing supply

“Our Way Home” initiative to improve housing supply in Milwaukee Co.

MILWAUKEE — In honor of National Homeownership Month, the White House announced a plan it says will address the nation’s housing supply, right here in Milwaukee. As part of the Our Way Home initiative, the US Department of Housing and Urban Development visits cities across the country to review projects to increase the supply of […]

Housing supply

Housing supply crisis a top concern for Ontario voters: poll

Written by Erin Nicole Davis Tomorrow is election day in Ontario – and real estate concerns are at the forefront of voters. According to a Royal LePage survey led by Leger, a large majority of Ontarians of voting age believe that tackling the housing supply crisis should be a top priority for the next provincial […]

Housing supply

Congress explores ways to preserve affordable mobile housing supply – WFTV

Video: Congress explores ways to preserve affordable mobile housing supply Across the country, about 22 million families live in mobile homes. (WFTV) WASHINGTON — Nationwide, about 22 million families live in mobile homes. WATCH: Are investors to blame for Central Florida’s housing crisis? These manufactured homes are usually an affordable route to home ownership, but […]

Housing supply

The housing supply squeeze is finally starting to ease | Company

JEFF OSTROWSKI Bankrate.com (TNS) During the record housing boom of the past two years, a drastic shortage of homes for sale has plagued buyers and delighted sellers. Now the squeeze is slowly easing – a change that could mark the start of a long-awaited cooling in the white-hot housing market. The abnormal conditions of the […]

Housing supply

Opinion: As Saskatchewan grows, we need to talk about housing supply

Links to the breadcrumb Opinion Columnists Regina’s housing stock remains balanced, while Saskatoon is experiencing a shortage of single-family homes. Home construction is underway in the Brighton neighborhood of Saskatoon. Wednesday, October 20, 2021. Photo by Michelle Berg /Star Phoenix of Saskatoon Content of the article Saskatchewan’s housing industry has identified the gaps in the […]

Housing supply

Congress Explores Ways to Preserve Affordable Mobile Housing Supply – FOX13 News Memphis

WASHINGTON — Across the country, about 22 million families live in mobile homes. These manufactured homes are usually an affordable route to home ownership, but rising land prices are threatening that. Experts said families who live in mobile homes usually only own the home itself, not the land it sits on. This means they don’t […]

Housing supply

PC leader Ford visits London, promises to boost housing supply

By Millar Hill May 21, 2022 12:44 p.m. The Progressive Conservative Party of Ontario says if elected it will build 1.5 million homes in the province over the next decade. PC leader Doug Ford made the announcement on Saturday during a campaign stop in London. He said a re-elected PC government would continue to work […]

Housing supply

Mirvac: restarting immigration to overwhelm housing supply

While all the usual suspects continue to claim that rigid planning and lack of land release are responsible for Australia’s housing shortage, Mirvac CEO Susan Lloyd-Hurwitz has essentially admitted that the shortage has been caused by excessive levels of immigration, which will worsen as the Greater Australia strategy is restarted: “We are in a real […]

Housing supply

Edmonton could be heading for a housing shortage, real estate leaders warn

Supply chain issues, rising interest rates and more people moving to Alberta could contribute to a housing shortage in Edmonton, according to several industry leaders. These trends, along with rising construction costs, were the focus of discussion at several roundtables at the Edmonton Real Estate Forum – a major industry conference held at the Edmonton […]

Housing supply

‘Four years’ until Dublin housing supply improves – industry survey

The supply of HOUSING in the capital will not improve for at least four years, believe a majority of professionals in the real estate sector. This is despite a sharp increase in the number of housing starts over the past year, as the construction sector accelerated construction. But the results of a survey released today […]

Housing supply

It’s Official: Housing Supply Won’t Keep Up With Mass Immigration

Last year’s NSW budget revealed that the state’s housing shortage had all but disappeared thanks to the slump in immigration: Building approvals are now well ahead of the trend of the population, which is depressed due to the lack of immigration. This suggests a potential near-term excess supply relative to underlying housing demand (Figure 2.13). […]

Housing supply

Biden administration unveils five-year plan to close housing supply gap

The plan focuses on the federally funded construction of hundreds of thousands of affordable units, the easing of restrictive zoning and the introduction of new federal funding options. The Biden administration on Monday announced a five-year plan to ease housing costs for American families by increasing the country’s supply of affordable housing. The plan focuses […]

Housing supply

Ginnie Mae chief speaks on housing supply plan, Thompson on PSPA

Leaders from Ginnie Mae and the Federal Housing Finance Agency gave hints about what’s in store for their organizations at the Mortgage Bankers Association conference this week. Following the announcement of the Biden Administration Housing Supply Initiativewhich mentions Ginnie Mae twice, its newly installed chairman said his company is receiving unprecedented attention from the White […]

Housing supply

Biden seeks to boost housing supply in the absence of congressional action

The Department of Housing and Urban Development will also encourage state and local recipients to use money from more flexible programs, including Community Development Block Grants, to create more affordable housing. The administration said the Treasury Department will encourage state and local governments to direct pandemic relief funds provided by Congress in 2021 toward affordable […]

Housing supply

Biden launches housing supply plan to offset rising prices

President Joe Biden (Getty, iStock) President Biden presented a plan on Monday to close the housing deficit in the United States. It will be an uphill battle: The administration’s previous affordable housing proposals have failed under the failed Build Back Better reconciliation bill. Still, housing advocates reacted enthusiastically. “In my 25 years in this business, […]

Housing supply

Next 10 advisory board reviews workforce housing supply

A member of the panel tasked with recommending updates to Sandy Springs’ comprehensive plan said people moving to the city with current housing costs could drive out those living in or looking for labor or affordable housing. . Trisha Thompson, a member of the Next Ten advisory board, raised concerns about what is happening in […]

Housing supply

Housing supply crisis looms over election

Australia does not have a housing affordability crisis, it has a housing equality crisis and little is being done by either major party to close the growing gap according to some industry heavyweights. Housing affordability remains a hot topic ahead of the federal election, with both major parties pledging to tackle the issue, but neither […]

Housing supply

London’s housing supply isn’t fit for purpose, and we need a bit of courage to fix it

Monday, May 16, 2022 6:00 a.m. The housing stock in London does not meet existing demand. (Photo by Dan Kitwood/Getty Images) The housing market in London is extremely difficult to navigate. Students looking for an apartment to rent with two or three friends often have to give up the idea of ​​a living room for […]

Housing supply

Why is housing supply improving when interest rates are higher?

For the first time since 2019, experts predict housing supply will begin to show a year-on-year increase in the coming weeks as more homes become available for sale in the United States. New figures collected by real estate website Realtor.com suggest that the US housing market may soon begin to grow. April data shows that […]

Housing supply

Richard Brown: ‘Street votes’ could improve housing supply in London, but bigger solutions are needed

Giving wards more power to manage new developments is good news, but it won’t be enough to tackle London’s housing crisis. Michael Gove was in fine form yesterday morning as he sought to sell his housing and planning reform package on the airwaves. “Beauty! Infrastructure! Democracy! Environment! Neighborhoods!” he proclaimed, arguing that local empowerment would […]

Housing supply

CTV Northern Ontario: Housing supply issues lead to increases in the North

Home prices in northeastern Ontario have reached record highs, with real estate agents in Timmins reporting a 16% increase in the average home price so far in 2022, compared to last year. The average home now costs about $247,000, according to the Timmins Cochrane and Timiskaming Association of Realtors, compared to $217,000 in 2021. The […]

Housing supply

Housing supply at an all-time low in Lake Co.

CLERMONT, Fla. — Housing supply in Lake County is at an all-time low, making the market more competitive than ever. Currently, Lake County Commissioners are working with developers to help lower the cost of new home construction. What do you want to know Lake County is starting to experience a housing shortage, local real estate […]

Housing supply

Ontario NDP and Conservatives promise to boost housing supply through various measures

TORONTO — Ontario’s New Democrats and Progressive Conservatives are both promising to build 1.5 million homes over 10 years as housing affordability emerges as a top election issue in a province grappling with a shortage of supply and a spike in prices. NDP Leader Andrea Horwath touted her housing plan, saying it would spur construction […]

Housing supply

WATCH NOW: Sioux Center project aims to increase supply of affordable housing | Local company

SIOUX CENTER, Iowa — A pair of homes being built in a subdivision on the north side of Sioux Center are intended to help address the shortage of affordable housing in the growing town of Sioux County. Farmers Co-Op Society, headquartered in Sioux Center, announced a project with the How-To Building Center (which itself is […]

Housing supply

Election in Ontario: the NDP and the Conservatives promise to boost housing supply

Ontario’s New Democrats and Progressive Conservatives are both promising to build 1.5 million homes over 10 years as the province grapples with supply shortages and soaring prices. NDP Leader Andrea Horwath touted her housing plan today – first released in November 2020, it has since been updated to include home equity loans to help first-time […]

Housing supply

Government recruits construction workers to ‘meet demand’ when housing supply increases

A Housing for All initiative dedicated to the recruitment of construction workers has been launched by the government. Social Care Minister Heather Humphreys and Higher and Further Education, Research, Innovation and Science Minister Simon Harris today (Thursday 5 May) launched the FutureBuilding initiative to support the construction industry. The pilot initiative – run by an […]

Housing supply

Government recruits construction workers to ‘meet demand’ when housing supply rises

A Housing for All initiative dedicated to the recruitment of construction workers has been launched by the government. Social Care Minister Heather Humphreys and Higher and Further Education, Research, Innovation and Science Minister Simon Harris today (Thursday 5 May) launched the FutureBuilding initiative to support the construction industry. The pilot initiative – run by an […]

Housing supply

Government recruits construction workers to ‘meet demand’ as housing supply rises

A Housing for All initiative dedicated to the recruitment of construction workers has been launched by the government. Social Care Minister Heather Humphreys and Higher and Further Education, Research, Innovation and Science Minister Simon Harris today (Thursday 5 May) launched the FutureBuilding initiative to support the construction industry. The pilot initiative – run by an […]

Housing supply

Government ‘landlord bashing’ is fueling rental housing supply crisis, NRLA warns

Landlords have warned ministers that their ongoing attempts to curb investment in the private rental sector are fueling a supply crisis, driving up rents and making home ownership harder to afford. The National Residential Landlords Association (NRLA) says that since 2015 this has included taxing the supply of new homes for rent through a three […]

Housing supply

Government hires construction workers to ‘meet demand’ when housing supply increases

A Housing for All initiative dedicated to the recruitment of construction workers has been launched by the government. Social Care Minister Heather Humphreys and Higher and Further Education, Research, Innovation and Science Minister Simon Harris today (Thursday 5 May) launched the FutureBuilding initiative to support the construction industry. The pilot initiative – run by an […]

Housing supply

Construction strike risks worsening housing supply crisis

Breadcrumb Links Toronto and the GTA Ontario News “We think it would be good to end it because we are already short of housing”: union boss Publication date : May 04, 2022 • 14 hours ago • 2 minute read • 20 comments Members of the International Union of Operating Engineers picket at a construction […]

Housing supply

Housing supply in Ottawa not keeping up with population growth: report

A new report from the Canada Mortgage and Housing Corporation (CMHC) says Ottawa is building homes at the fastest rate in nearly 50 years, but experts say that may not do much in massive demand. The housing supply report, which was released on Tuesday, says Ottawa’s population is growing faster than the rate at which […]

Housing supply

Increase housing supply, not demand

The main, if not the only way to achieve this is to remove all land use planning constraints on the outskirts of cities. This will increase the supply of land for development and thus increase the number of homes for sale. This absolutely guarantees to drive down housing prices. Increase supply, not increase demand. Tim […]

Housing supply

New housing supply up 43% to 80,000 units in 6 cities in January-March: report

The supply of new homes rose 43% quarter over quarter in six cities from January to March to around 80,000 units, mainly due to a recovery in demand for residential properties, the company said. proptech Square Yards. The state-of-the-art real estate consultant, Square Yards, sells homes on behalf of builders and […]

Housing supply

Housing supply key to opposition housing plan

The Property Council of Australia today welcomed the Federal Opposition’s housing announcements and its plan to play a federal leadership role in tackling housing affordability and supply. Property Council chief executive Ken Morrison said the opposition’s announcement presented a solid basis for what is a much-needed national plan to tackle the housing affordability crisis. “Housing […]

Housing supply

Barkindji woman tackles Broken Hill housing supply problem with plan to build 500 eco-friendly homes

A woman from Barkindji hopes to improve housing supply problems in Broken Hill with a project that could result in the construction of around 500 eco-friendly homes in the town. Key points: Nara Nation’s Narelle Osborne says they hope to build some of the hardware in Broken Hill Ms Osborne says she wants to see […]

Housing supply

Moffatt: Ontario Budget Projects Deeper Housing Supply Crisis

Ontario is experiencing a housing supply crisis, and the 2022 Ontario Budget forecasts more challenges ahead. Earlier this year, Doug Ford’s government introduced the More housing for all (Bill 109) based, in part, on recommendations made by its housing affordability task force. Despite this, the 2022 budget forecasts annual housing starts to remain below 90,000 […]

Housing supply

NAR’s Bryan Greene Joins Housing Supply and Affordability Crisis Think Tank – RISMedia

Bryan Greene, Vice President of Policy Advocacy for the National Association of REALTORS® (NAR) along with several other senior housing officials recently joined the national think tank Third Way for a discussion on how to solve the housing crisis, with a focus on increasing availability, affordability and accessibility for all, announced the NAR. Greene was […]

Housing supply

Scarcity of housing supply could dampen impact of rising rates on property market, economists warn

A record mismatch between housing demand and supply is forcing economists to reconsider the role interest rates will play in cooling house prices. Typically, rising rates cool a boiling housing market by making mortgages more expensive. During the current rate hike cycle, however, housing supply is so low relative to pent-up demand – both in […]