We’re seeing a shift in Canada’s housing starts as the 6-month trend edged down by about 1% month-over-month in mid-Q3 to roughly 244,000 annualized units. The monthly annualized pace held steady around 229,000. For those keeping an eye on larger Canadian centres, actual housing starts came in at 17,700 for mid-Q3—a 2% decrease compared to last year. That brings the total for the first eight months of the year to 149,500, down about 4%. Homes under construction in cities with over 50,000 people slipped less than 1% month-over-month to 371,700 units, which still points to a robust pipeline, even as things cool slightly. Meanwhile, completions saw a more notable drop of 11% month-over-month to 17,600 units. Permits approved but not yet started ticked up a fraction to 142,400, suggesting there are still future projects in the queue. The overall national outlook notes that while starts are still high compared to recent years, we can expect this moderation in construction to continue toward the year’s end. As someone who’s worked with clients across Greater Vancouver in a range of market conditions, I’m always watching these trends closely to help keep you informed about where our real estate market is heading.
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Canada ਵੱਲੋਂ ਘਰਾਂ ਦੀ ਲਕੜੀ ਵਧਾਉਣ ਦੀ ਕੋਸ਼ਿਸ਼
Canada ਨੂੰ 2036 ਤੱਕ ਘਰਾਂ ਦੀ ਪੂਰਵ-ਮਹਾਮਾਰੀ ਵਾਂਗ ਸਸਤੀ ਲਭਣਯੋਗਤਾ ਵਾਪਸ ਲਿਆਉਣ ਲਈ ਹਰ ਸਾਲ 417,000 ਤੋਂ 469,000 ਨਵੇਂ ਘਰ ਬਣਾਉਣੇ ਪੈਣਗੇ। ਇਸ ਵੇਲੇ ਸਿਰਫ 231,000 ਘਰ ਹਰ ਸਾਲ ਬਣ ਰਹੇ ਹਨ, ਜਿਸ ਨਾਲ 10 ਸਾਲਾਂ ਵਿੱਚ ਲਗਭਗ 2.4 ਮਿਲੀਅਨ ਘਰਾਂ ਦੀ ਘਾਟ ਬਣ ਰਹੀ ਹੈ। ਉੱਚ ਲਾਗਤਾਂ ਅਤੇ ਕਮਜ਼ੋਰ ਕੰਡੋ ਵਿਕਰੀ ਕਾਰਨ ਵਿਕਾਸ ਰੁਕਿਆ ਹੋਇਆ ਹੈ, ਜਿਸ ਨਾਲ ਮੰਗ ਵਧਣ 'ਤੇ ਸਪਲਾਈ ਸੰਕਟ ਦਾ ਖਤਰਾ ਹੈ। ਵੱਡੇ ਸ਼ਹਿਰਾਂ ਵਿੱਚ ਇਹ ਘਾਟ ਵੱਖ-ਵੱਖ ਹੈ, ਕਈ ਥਾਵਾਂ 'ਤੇ ਮੰਗ ਪੂਰੀ ਕਰਨ ਲਈ ਨਵੇਂ ਘਰਾਂ ਦੀ ਸ਼ੁਰੂਆਤ ਵਿੱਚ ਵੱਡਾ ਵਾਧਾ ਲੋੜੀਂਦਾ ਹੈ।
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ਕੈਨੇਡਾ ਦੇ ਹਾਊਸਿੰਗ ਸੰਕਟ ਦਾ ਹੱਲ ਨਿੱਜੀ ਖੇਤਰ ਦੀ ਅਗਵਾਈ ਨਾਲ ਸੰਭਵ: Carleton ਵਿਦਵਾਨ
ਕੈਨੇਡਾ ਨੇ ਹਾਊਸਿੰਗ ਸੁਧਾਰ ਵਿੱਚ ਕੁਝ ਤਰੱਕੀ ਕੀਤੀ ਹੈ, ਪਰ ਅਜੇ ਵੀ ਘਰਾਂ ਦੀ ਲਾਗਤ ਅਤੇ ਉਪਲਬਧਤਾ ਸੰਕਟ ਦਾ ਸਾਹਮਣਾ ਕਰ ਰਿਹਾ ਹੈ। ਹਰ ਸਾਲ ਲਗਭਗ 250,000 ਨਵੇਂ ਘਰ ਬਣ ਰਹੇ ਹਨ, ਜਦਕਿ ਲੋੜ 400,000 ਤੋਂ 470,000 ਹੈ। ਤੇਜ਼ੀ ਨਾਲ ਵਧਦੀ ਆਬਾਦੀ ਘਾਟ ਨੂੰ ਹੋਰ ਵੀ ਗੰਭੀਰ ਬਣਾ ਰਹੀ ਹੈ। ਰਿਹਾਇਸ਼ੀ ਨਿਰਮਾਣ 1.2 ਮਿਲੀਅਨ ਤੋਂ ਵੱਧ ਨੌਕਰੀਆਂ ਅਤੇ $213 ਬਿਲੀਅਨ ਦੀ ਨਿਵੇਸ਼ ਨੂੰ ਸਮਰਥਨ ਦਿੰਦਾ ਹੈ। ਵਿਕਾਸ ਚਾਰਜ, ਜੋ ਨਵੇਂ ਘਰ ਦੀ ਲਾਗਤ ਵਿੱਚ 16% ਤੱਕ ਵਾਧਾ ਕਰ ਸਕਦੇ ਹਨ, ਵੱਡਾ ਰੁਕਾਵਟ ਹਨ। ਫੀਸਾਂ ਅਤੇ ਮਨਜ਼ੂਰੀ ਵਿੱਚ ਹੋਣ ਵਾਲੀ ਦੇਰੀ ਘਟਾ ਕੇ ਘਰਾਂ ਦੀ ਉਪਲਬਧਤਾ ਵਧਾਈ ਜਾ ਸਕਦੀ ਹੈ।
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ਬੈਂਕ ਆਫ ਕੈਨੇਡਾ ਦਾ ਨਵਾਂ ਫੋਰਕਾਸਟਿੰਗ ਮਾਡਲ ਮੋਰਟਗੇਜ ਰੀਨਿਊਅਲ ਤੇ ਕੇਂਦਰਿਤ
ਬੈਂਕ ਆਫ ਕੈਨੇਡਾ ਨੇ ਨਵਾਂ ਆਰਥਿਕ ਮਾਡਲ Prima ਅਪਣਾਇਆ ਹੈ, ਜੋ ਮੋਰਟਗੇਜ ਰੀਨਿਊਅਲ ਅਤੇ ਹਾਊਸਿੰਗ ਸਪਲਾਈ ਨੂੰ ਮਹਿੰਗਾਈ ਦੀ ਪੇਸ਼ਗੋਈ ਵਿੱਚ ਮੁੱਖ ਰੂਪ ਵਿੱਚ ਲੈ ਕੇ ਆਉਂਦਾ ਹੈ। ਸਤੰਬਰ ਵਿੱਚ ਪੇਸ਼ ਕੀਤਾ ਗਿਆ ਇਹ ਮਾਡਲ ਹੁਣ ਆਉਣ ਵਾਲੇ ਦਰ ਨਿਰਣਿਆਂ ਅਤੇ ਨੀਤੀ ਰਿਪੋਰਟਾਂ ਲਈ ਮੁੱਖ ਸਾਧਨ ਹੋਵੇਗਾ। ਇਸ ਦਾ ਮਕਸਦ ਸਪਲਾਈ ਸ਼ਾਕਸ ਅਤੇ ਗਲੋਬਲ ਆਰਥਿਕ ਜੁੜਾਵਾਂ ਨੂੰ ਵਧੀਆ ਢੰਗ ਨਾਲ ਵਿਸ਼ਲੇਸ਼ਣ ਕਰਨਾ ਹੈ।
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Canada’s Homebuilding Pace Falls Further
Canada’s homebuilding activity is showing signs of cooling off. The six-month trend in housing starts has slipped by about 1% to 244,000 units nationwide, and larger centres have seen actual starts dip roughly 2% to 17,700 units. Year-to-date, we’re at 149,500 starts—down 4% from the same period in 2025. While these numbers remain elevated compared to recent years, the national housing agency’s economists expect the downward momentum to continue. Homebuilders are under increasing strain from both international tensions and the ongoing US-Canada trade conflict, with higher tariffs pushing up construction material costs. Looking ahead, the housing agency projects that new-home construction will decline through 2028, particularly for condos, as developers contend with rising costs, tempered demand, and excess inventory. As someone who’s navigated hundreds of transactions across Greater Vancouver, I’ve seen how these trends ripple through our local market, shaping opportunities and challenges for both buyers and sellers.
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Sungod Recreation Centre
Looking for a fun way to stay active close to home? Sungod Recreation Centre, located at 7815 112 St in Delta, is a neighbourhood destination where locals can move, connect and enjoy recreation under one roof. Its welcoming atmosphere makes it a practical choice for individuals, families and anyone looking to add more activity to their routine.
What makes Sungod stand out is its variety. Whether you enjoy swimming, skating, lessons, drop-in programming or simply trying something new, the centre offers ways to build activity into everyday life. It is the kind of place where a quick workout can become a regular routine and where recreation becomes a shared community experience.
For nearby residents, the location also makes planning easy. Check the latest schedules, choose an activity that fits your day and turn the visit into a neighbourhood outing. Centres like Sungod add everyday convenience and community connection—qualities many homebuyers value when exploring Delta and surrounding communities.
Ready to experience it for yourself? Save the address, invite a friend or family member and plan your next visit to Sungod Recreation Centre. For more local neighbourhood highlights and real estate insights, follow along and reach out anytime.
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BOO-seum Halloween Party
Surrey families, mark your calendars for the BOO-seum Halloween Party on October 24, 2026, at the Museum of Surrey. This free community event is a fun way to celebrate Halloween together while enjoying a creative, welcoming local experience.
Guests can look forward to themed crafts, BOO Bingo, costume activities, Halloween photos and spooky performances. With plenty to see and do, the party offers memorable entertainment for children and adults alike.
As a local real estate professional, I love highlighting the events that bring Surrey neighbours together and make our community feel like home. Gather your favourite costumes, invite family and friends, and plan a visit to the Museum of Surrey.
For event details and updates, visit https://www.surrey.ca/arts-culture/museum-of-surrey/whats-on/boo-seum-halloween-party. Save the date and share this post with someone ready for free family Halloween fun!
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Elementary school access
When comparing homes near Strawberry Hill Elementary and Westerman Elementary, start with the type of property rather than the school name alone. This part of the neighbourhood is dominated by single-family homes, with some townhouses, so it helps to compare detached homes with detached homes and townhomes with townhomes.
For detached properties, look closely at lot size, floor plan, age, overall upkeep, and likely renovation needs. With townhomes, review strata fees, bylaws, building condition, reserve planning, and shared amenities. These details can significantly affect both monthly costs and long-term value.
Daily convenience matters too. Consider access to Strawberry Hill Park, the library, shopping centre, and transit. Scott Road and 72 Avenue provide useful connectivity, but homes closer to these corridors may also experience more traffic. As a local agent working in Strawberry Hill every week, I can help you compare the full lifestyle and property picture before you decide.
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Library and shopping
Living near Strawberry Hill Library and Shopping Centre offers exceptional everyday convenience. Residents are close to schools, the Scottsdale Exchange and local bus connections, making commuting, school runs and errands easier to manage.
The neighbourhood also puts practical services within easy reach. Nearby options include Home Depot, Winners, London Drugs, coffee shops such as Tim Hortons and Starbucks, gyms, medical offices and other everyday amenities. Guru Nanak Sikh Gurdwara is another valued community destination in the area.
For outdoor time, Strawberry Hill Park and nearby trails provide opportunities to walk, exercise and unwind. The surrounding mix of detached homes, townhouses and low-density apartments gives families, homeowners and renters a range of housing choices.
As a Strawberry Hill real estate agent working in the area each week, I appreciate how well the neighbourhood combines convenience, community and recreation. If you are considering a move, message me to explore homes close to the amenities that fit your lifestyle.
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Canada Housing Faces Trade Turmoil
Canada’s housing market has recently shown a softer side, with activity down about 7% compared to last year and national sales slipping by less than 1% month-over-month. As a REALTOR® with Renanza Realty Inc. and years of experience representing clients across the Greater Vancouver area, I’ve seen how factors like trade tensions, fluctuating oil prices, and persistent inflation can influence buyer confidence. Rising Canadian bond yields have kept fixed mortgage rates elevated, yet industry voices still anticipate a busy close to Q3 and into Q4. The Bank of Canada is currently holding its policy rate steady, with inflation hovering near 3% for a second month. Some economists are already discussing the possibility of rate cuts in 2027, while the outlook for 2026 suggests either stability or a minor hike. Much of the market’s momentum hinges on the outcome of a US trade deal, which could act as a significant catalyst for recovery. For buyers and sellers alike, the next 6 to 12 months will be important to watch closely and approach with readiness. My focus remains on helping clients navigate these shifts with informed strategies tailored to our local market.
