Why Developers Are Holding Back on Rental Housing
Update: 2025-07-17
Description
In this episode of In-House, CMHC Deputy Chief Economist Aled ab Iorwerth joins host Joelle Hamilton to unpack the key findings from CMHC’s 2025 Canadian Rental Construction Survey.
We explore what’s driving short-term developer pessimism—and what could help unlock more purpose-built rental housing across the country.
🔍 What you'll learn in this episode:
- Why 42% of developers are pessimistic about the short-term outlook
- The impact of financing challenges, development fees and tariffs
- How developers are shifting toward “build-to-hold” strategies, instead of “build-to-sell"
- Why modular and prefabricated homes are still underused in Canada
- What these insights mean for Canada’s broader housing supply goals
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