EPISODE · Jun 30, 2025 · 18 MIN
The benchmark of housing affordability has changed in Canada
from The Decibel · host The Globe and Mail
The Canada Mortgage and Housing Corporation has said it is no longer possible to return Canada to 2004 levels of housing affordability. We cannot build enough new housing supply to hit that target. So it’s changing its benchmark.Rachelle Younglai covers housing and real estate for The Globe. She explains the CMHC’s new approach to affordability, what they say needs to happen to improve the cost of housing and what it means for home prices and rents.Questions? Comments? Ideas? Email us at [email protected] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
The Canada Mortgage and Housing Corporation has said it is no longer possible to return Canada to 2004 levels of housing affordability. We cannot build enough new housing supply to hit that target. So it’s changing its benchmark. Rachelle Younglai covers housing and real estate for The Globe. She explains the CMHC’s new approach to affordability, what they say needs to happen to improve the cost of housing and what it means for home prices and rents.
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The benchmark of housing affordability has changed in Canada
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