What we learned in 2023

In 2023, housing costs became increasingly difficult for many Canadians. This was a common problem that CMHC recognized and wanted to understand better. We investigated the challenges within the ever-changing housing landscape, especially considering the uncertain economic conditions of the time. This article serves as a retrospective, summarizing the insights gained from various reports in 2023 and shedding light on the difficulties faced by Canadians in terms of housing costs.

CMHC has been a trusted authority in Canada, providing unbiased housing data, research and market insights for more than 75 years. These valuable resources enable CMHC to play a vital role as a compass for policymakers, industry professionals and the public. In a time when affordability is a pressing concern, CMHC's expertise helps navigate the challenges and find solutions for a more inclusive housing landscape.