{"id":69,"date":"2026-10-07T14:00:00","date_gmt":"2026-10-07T14:00:00","guid":{"rendered":"https:\/\/www.mverma.ca\/blog\/?p=69"},"modified":"2026-10-07T14:00:00","modified_gmt":"2026-10-07T14:00:00","slug":"canada-needs-more-homes-to-sustain-affordability","status":"publish","type":"post","link":"https:\/\/www.mverma.ca\/blog\/2026\/10\/07\/canada-needs-more-homes-to-sustain-affordability\/","title":{"rendered":"Canada Needs More Homes to Sustain Affordability"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/mayank-verma\/home-construction-affordability-04b5\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>As someone who has helped clients buy and sell homes in Abbotsford, Surrey, Vancouver, and beyond, I\u2019m seeing firsthand how Canada\u2019s recent affordability improvements feel increasingly uncertain. The numbers say it all: to get back to pre-pandemic affordability by 2036, we\u2019ll need 417,000 to 469,000 new homes started each year. Yet, most new builds these days are rentals, with ownership housing construction slowing down significantly. While a dip in population growth has temporarily made things seem more affordable, the pace of new construction has actually dropped even faster than demand. That means when the market heats up again, we could be left with an even bigger housing shortage\u2014especially for those hoping to own. For lasting affordability, it\u2019s vital to keep ownership-focused building moving forward, so future buyers aren\u2019t facing even steeper hurdles.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As someone who has helped clients buy and sell homes in Abbotsford, Surrey, Vancouver, and beyond, I\u2019m seeing firsthand how Canada\u2019s recent affordability improvements feel increasingly uncertain. The numbers say it all: to get back to pre-pandemic affordability by 2036, we\u2019ll need 417,000 to 469,000 new homes started each year. Yet, most new builds these [&hellip;]<\/p>\n","protected":false},"author":280,"featured_media":70,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-69","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.mverma.ca\/blog\/wp-json\/wp\/v2\/posts\/69","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mverma.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mverma.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mverma.ca\/blog\/wp-json\/wp\/v2\/users\/280"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mverma.ca\/blog\/wp-json\/wp\/v2\/comments?post=69"}],"version-history":[{"count":1,"href":"https:\/\/www.mverma.ca\/blog\/wp-json\/wp\/v2\/posts\/69\/revisions"}],"predecessor-version":[{"id":71,"href":"https:\/\/www.mverma.ca\/blog\/wp-json\/wp\/v2\/posts\/69\/revisions\/71"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mverma.ca\/blog\/wp-json\/wp\/v2\/media\/70"}],"wp:attachment":[{"href":"https:\/\/www.mverma.ca\/blog\/wp-json\/wp\/v2\/media?parent=69"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mverma.ca\/blog\/wp-json\/wp\/v2\/categories?post=69"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mverma.ca\/blog\/wp-json\/wp\/v2\/tags?post=69"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}