Comments on: Canadian Housing Starts Surge 41%, But Government Targets Are Still Unrealistic: BMO

By: Jamie Price

Jamie Price — Wed, 02 Aug 2023 14:26:09 +0000

In reply to Robert W. More credible if they included a statistic that doesn't exist, and means nothing in this context? One day BMO will be as credible as Robert W, anonymous commenter extrodinaire.

By: Chris

Chris — Tue, 25 Jul 2023 23:49:59 +0000

I wish there was a like button for Ray’s comment.

By: Robert W

Robert W — Sun, 23 Jul 2023 12:44:46 +0000

This article would sound more credible if was to focus on number of mortgage denials due to rising interest rates

By: Tabo

Tabo — Fri, 21 Jul 2023 14:40:27 +0000

Can there be an edit to correct every instance where “stats” came up as “staRts”. It does not make it a smooth reading when your brain has to compensate for that typo.

By: Yoroshiku

Yoroshiku — Thu, 20 Jul 2023 23:50:08 +0000

Canada wouldn’t have to “double output of new homes” if the government would act to rein in money launderers and speculators.

By: Jimmy

Jimmy — Thu, 20 Jul 2023 12:50:26 +0000

Ray these starts were most likely sold in 2020 and 2021. As you noted what we are starting to build now was purchased 2 to 3 years ago.
Building will lag demand.
Like car sales and everything else. What is being delivered or built today was sold months or years ago in many cases.

By: Ray

Ray — Wed, 19 Jul 2023 19:56:12 +0000

Where is this BS coming from. I work for a big builder and they only sold 6 houses in the last year. Stuff we’re doing now was sold 2 to 3 years ago and the contracts have to be fulfilled. Some of the people who are waiting on their homes can’t even qualify for the mortgage. I don’t believe whatever is being said.

By: Mark Bayly

Mark Bayly — Wed, 19 Jul 2023 18:54:52 +0000

Very few immigrants coming here can afford a house or even rent Canada attracts destitute people.