AGP Executive Report
Last update: 25 minutes agoResale Market: Canadian home sales fell 7.7% year over year in September, prompting CREA to cut its 2026 sales forecast for a third time. Housing starts rose from August, but CMHC warns that affordability gains remain at risk. Building More Homes: An Arviat housing factory aims to produce 40 homes a year, offering a local response to the North’s housing shortage. In B.C., developers and housing nonprofits are pressing for lower construction costs. Infrastructure and Affordability: Orillia will receive up to $11.3 million in provincial funding after cutting development charges by 50% for three years, a move intended to support housing and make new homes more affordable.
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