In-House – Canada's Housing Podcast

In this episode of In-House, CMHC Deputy Chief Economist Aled ab Iorwerth joins us to unpack the key findings from CMHC’s 2026 Canadian Rental Housing Development Survey. 

🔍 What you'll learn in this episode: 

• Why 49% of developers are pessimistic about the short-term outlook 
• The impact of approval delays, market conditions, financing challenges, and raising costs 
• How developers are shifting toward “build-to-hold” strategies, instead of “build-to-sell" 
• Why developers are increasingly exploring modern methods of construction, with adoption focused on lower-risk prefabricated approaches. 
• What these insights mean for Canada’s broader housing supply goals 

In this episode of In-House, we unpack CMHC’s latest Housing Supply Report 

Join our Deputy Chief Economist to explore topics like: 

🏠 Canada needs roughly 417K to 469K homes per year to restore pre-pandemic affordability by 2036. 

📉 Construction is expected to slow faster than demand. 

⚠️ Not building enough during the current housing slowdown is a key risk. 

🏘️ Rental markets are moving toward better balance, while ownership-oriented supply faces growing challenges. 

Whether you're a policymaker, planner, developer, housing professional or simply interested in housing trends, this conversation explores the data shaping Canada's housing market. 

🔗 Explore the full Housing Supply Report: http://cmhcschl.ca/eUnS50ZLHLZ

🔔 Subscribe for more housing data, research and insights from CMHC. 

Housing demand slowed in Northern Canada in 2025. Affordability pressures eased. So why do housing shortages remain so severe? 

In this episode, we explore the findings from CMHC's latest Northern Housing Report with Deputy Chief Economist, Aled ab Iorwerth.  

Join us to unpack what's happening in Whitehorse, Yellowknife and Iqaluit. From construction costs and labour shortages to overcrowding and limited housing supply, we examine the challenges shaping housing across Canada's North. 

In this episode: 

✅ What changed over the last year 
✅ Why housing shortages persist despite easing affordability pressures 
✅ The biggest barriers to building more homes in the North 
✅ What economists are watching next 
✅ Long-term housing challenges and opportunities 

🔗 Read the Northern Housing Report: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/market-reports/housing-market/northern-housing-report

🔔 Subscribe to In-House for more conversations that help Canadians better understand housing and housing markets across the country. 

#CanadaHousing #RentalMarketCanada #HousingAffordability #RealEstateCanada #Economics #HousingMarket #InHousePodcast 

In this episode of In-House, we unpack CMHC’s latest update on the Housing Market Outlook — covering what’s ahead for the economy, home prices, rental markets, and housing supply. 

  Our Deputy Chief Economist walks through: 

• Why economic growth is expected to grow slowly in 2026 

• How housing demand has remained lower than expected despite rising affordability. 

• Where rental markets are diverging  

• What all this means for Canadians 

Whether you’re a policymaker, planner, developer, housing professional or just trying to understand what’s happening in the market, this conversation breaks down the data in clear, practical terms.  

🔗 Explore the full Housing Market Outlook: http://cmhcschl.ca/MeeJ50ZqVCJ 

🔔 Subscribe for more housing data, research and insights from CMHC. 

Asking rents are falling in many Canadian cities, vacancies are rising in newer rental units, but the benefits aren’t being felt by everyone.

On the surface, it looks like Canada’s rental market is finally easing.

So why do so many renters still feel stuck?

In this episode of In-House, host Joelle Hamilton speaks with Tania Bourassa-Ochoa, Deputy Chief Economist at CMHC, to break down the 2026 Mid-Year Rental Market Update and what the data is really saying about housing affordability in Canada.

📊 In this episode, we cover: 
• Why asking rents and actual rents paid are diverging 
•  Why new leases and renewals tell different stories 
• Where rental conditions are easing (and where they are still tight) 
• Why affordability pressures remain 
• What to watch in Canada’s rental market through the second half of 2026 

Whether you're a renter, policymaker, or just trying to understand Canada’s housing market, this conversation connects the dots behind the headlines. 

📄 Read the CMHC 2026 Mid-Year Rental Market Update: https://www.cmhc-schl.gc.ca/observer/2026/2026-mid-year-rental-market-update

🔔 Subscribe to In-House for clear, data-driven conversations on housing in Canada.

We talked to over 4,100 recent mortgage consumers across Canada. We surveyed homebuyers, renewers, and refinancers, to find out how they feel about buying a home, securing a mortgage, and who they turned to for help.  CMHC expert Sabrina Guay breaks down what they said. 

Canada's mortgage market hit a turning point in 2025, and in this episode of In-House, we dig into what the data is really telling us.

Host Joelle Hamilton sits down with Aled ab Iorwerth, CMHC Deputy Chief Economist, to break down the Spring 2026 Residential Mortgage Industry Report (RMIR). They cover what drove the biggest renewal wave in recent memory, why borrowers are shifting back to variable rates, and what signals — good and concerning — are shaping the outlook for the rest of 2026.

What you'll hear in this episode:

• The renewal wave peaked in 2025 as pandemic era buyers mortgages expired. Why 2026 should be calmer — and where payment pressure still lingers. 

• Why 42% of new mortgages are now variable-rate — and what it means if rates change. 

•  While still historically low nationally, delinquencies in Ontario and Toronto have increased year-over-year (35% and 45%), a trend worth watching.

• The stress hiding beneath the headline numbers — how unemployment and non-mortgage delinquencies signal what's coming before it hits mortgage arrears.

• What structural signals offer cautious optimism: amortizations normalizing, HELOC performance holding steady, and TDS ratios improving. 

 If you work in lending, real estate, housing policy, or you're a homeowner navigating today's rate environment, this episode is for you. 

Resources mentioned: 

→ Spring 2026 RMIR full report: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-research/research-reports/housing-finance/residential-mortgage-industry-report

→ CMHC Residential Mortgage Industry Data Dashboard: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-data/residential-mortgage-industry-data-dashboard 

Subscribe to In-House for more housing market insights from CMHC.

In-House is more than market trends and data. It's about people and programs. From coast to coast to coast, we share stories of Canadians who are directly impacted by our funding.

Today, we introduce you to northern housing developers Amanda Doiron and Stuart Rostant. Partners in life and work, the couple met in Canada and started their careers in Trinidad and Tobago before taking a leap and moving to Canada's North. Fifteen years in, they've turned adventure into opportunity into solutions.

Thanks to the support from the Government of Canada's Housing Supply Challenge, Stuart and Amanda are forging a new path to housing construction in Canada's North.

Where is Canada’s housing system gaining momentum – and where are pressures quietly building beneath the surface?

Join our Deputy Chief Economist Tania Bourassa-Ochoa as she delves into the key findings from our recent Housing Supply Report.

Tune in to gain valuable insights and stay updated on the latest housing trends!

n this episode of In-House, we unpack CMHC’s 2026 Housing Market Outlook — covering what’s ahead for the economy, home prices, rental markets and housing supply.

Our expert walks through: 

• Why economic growth is expected to be weak in 2026 

• What slowing population growth means for housing demand 

• Why construction is forecast to decline across much of the country 

• How rental markets are easing — and what that means for renters 

• Where regional markets are diverging (Ontario, B.C., Quebec, Prairies) 

• What all this means for Canadians deciding whether to rent, buy or wait 

Whether you’re a policymaker, planner, developer, housing professional or just trying to understand what’s happening in your local market, this conversation breaks down the data in clear, practical terms. 

🔗 Explore the full Housing Market Outlook: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/market-reports/housing-market/housing-market-outlook

🔔 Subscribe for more housing data, research and insights from CMHC.

#Housing #HousingMarket #RealEstate #Renting #HomePrices