article thumbnail

Canada needs 1.3m new homes by 2030, PBO says

Mortgagebroker News

Current construction rates insufficient to meet the demands of a booming population

article thumbnail

Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

The cost gap also thwarts construction and development of modest homes, limiting the availability of affordable homes for first-time and first-generation homebuyers. Neighborhood Homes creates a tax credit that covers the gap between the cost of construction and a home’s sale price. average — creating much-needed comparable sales.

Investing 448
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CMHC: Housing starts to fall short of demand even under best-case scenarios

Mortgagebroker News

The gap between construction and demand is expected to be as much as 3.5 million units by 2030, Crown corporation says

article thumbnail

Selling a Smart-Enabled Home: Best Steps Forward

Will Springer Realtor

The smart-home market is surging, with an annual global growth rate of 16% to a forecast of more than $260B in 2024 – and more than double that sum by 2030. Builders are also increasingly incorporating smart features into new construction projects. Check this site and your utility for the latest.)

article thumbnail

How a strategic coalition is fighting homelessness in Dallas

Housing Wire

Builders of Hope in the past has set its sights on constructing owner-occupied deeply affordable homes — developing more than 500 such homes over the past 25 years. That housing gap left unaddressed, according to the report, is projected to increase to a nearly 86,000 units by 2030.

article thumbnail

Room-By-Room Guide to Eco-Friendly Home Modifications and Renovations

Raleigh Realty

You might also want to ask local construction companies for their recommendations on where to find reused building supplies. A construction company with a reputation for eco-friendly services will likely be able to point you toward recycled materials for your own projects. million homes.

article thumbnail

DataDigest: The homebuilders are busy. But they’re not busy enough

Housing Wire

Currently there are 695,000 single-family units under construction, which is actually 136,000 units below the peak in May 2022. And there are currently 994,000 multifamily units under construction, the highest level since 1973. Single-family construction deliveries, meanwhile, will likely be more muted.

Business 362