Canada's developers are building less housing despite crunch, a new study says. That could keep prices up

As interest rates stay high, less housing is being built now than at the height of pandemic lockdowns, according to a new report. Experts say it's hard to see when the gap between housing demand and supply will close, and that could keep housing unaffordable for a long time.

Canada's developers are building less housing despite crunch, a new study says. That could keep prices up
Workers building a house.

As interest rates stay high, less housing is being built now than at the height of pandemic lockdowns, according to a new report. Experts say it's hard to see when the gap between housing demand and supply will close, and that could keep housing unaffordable for a long time.