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Tag: CHBA

Canada

Canadian Home Builder Sentiment Hits A High Even As Costs Rise 13% In A Quarter

February 1, 2022

Canadian real estate demand is soaring, and it has builders very excited. The Canadian Home Builders’ Association (CHBA) updated its Housing Market Index, this week. The index, a leading indicator of builder sentiment, reached a new record in Q4 2021. While the index only goes back a year or so, the abrupt climb was a […]

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Canada

Canadian Home Builder Confidence Falls As Stress Tests Soften Demand: CHBA

October 27, 2021

Canada is in the middle of a real estate boom, but home builders are feeling less confident. The Canadian Home Builder Association (CHBA) released its Housing Market Index (HMI) for Q3 2021 this week. The index, which measures builder sentiment, pulled back in the last quarter. Higher construction costs and an updated stress test is […]

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Canada

Over Half of Canadian Home Builders Have Seen Lumber Costs Rise At Least $30,000

August 3, 2021

Lumber prices pushed the cost of building a home higher — a lot higher. Canadian Home Builders’ Association (CHBA) data shows members saw lumber costs soar. In fact, more than half of builders said lumber costs increased at least $30,000 in Q2 2021. Even though lumber prices have since crashed, don’t expect cheaper housing. Not […]

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