Affordability Has Worsened Due to Municipal Development Charges and Delays: CHBA

The Canadian Homebuilders’ Association (CHBA) has released its 2024 Municipal Benchmarking Study that examines how local development processes, approvals, and charges impact housing affordability and housing supply in major housing markets across Canada.

The study examines market trends and several municipal land-use planning-related factors that may be hindering the supply of housing and contributing to housing affordability issues in 23 municipalities across Canada. It also benchmarks these municipalities on approval timelines...