10/09/2026
Canadaβs housing challenge isnβt only about demand β itβs also about how much new housing gets built. π‘π
CMHC estimates Canada needs roughly 417Kβ469K housing starts per year to restore pre-pandemic affordability by 2036, compared with about 231K annually under its business-as-usual projection.
National resale prices are forecast to ease slightly in 2026 before returning to moderate growth in 2027β2028.
2029β2031 figures shown in the carousel are illustrative scenarios based on assumed 2β4% annual appreciation and are not official forecasts or guarantees.
Swipe through for the numbers behind Canadaβs housing outlook.
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