10/12/2026
Canada Needs Twice the Projected Homes
As someone who’s spent nearly two decades immersed in Calgary and area real estate, I pay close attention when the numbers tell a story this big: Canada’s national housing agency estimates we’ll need 417,000 to 469,000 new homes every year through 2036 just to bring back the affordability many remember from before the pandemic. That’s nearly double what’s currently being built. Right now, our country faces an annual supply gap of 187,000 to 238,000 homes for at least the next decade. It’s a challenge that’s not just about numbers on a page, but about real people and families searching for homes in communities like ours. With construction expected to slow down even as demand stays strong, the pressure on affordability will only grow if things don’t change. Much of today’s building is already tied up in projects underway, so the real lift comes in what happens next. In my work, blending hands-on construction know-how with a sharp eye for value and design, I see firsthand how these trends shape opportunities and risks for buyers, sellers, and investors. It’s a reminder that navigating today’s market takes both experience and a strategic approach.
