BROKERAGE LICENSE ID
11995
Nazanin Khazaee
Mortgage Agent Level 1
Office:
Phone:
Email:
Address:
10815 Yonge St. suite 201, Richmond Hill, Ontario
As an experienced mortgage professional, it is my job to get you the mortgage you need at the price that you deserve. I work on your behalf and have access to over 25 different lenders. Let's work together to get you the right mortgage! Why not take a minute now to complete my on-line mortgage application to see how much you can qualify for!
In addition to mortgages, I can now offer you Personal Loans, Vehicle Loans or Leases and Home & Auto Insurance!
And for a list of trusted local professionals and tradespeople, click on the “Browse Partners” icon!
Call me for today's unpublished mortgage rate specials!!!
BLOG / NEWS Updates
Housing shortages in Canada: Updating how much housing we need by 2030
From CMHC
Key Highlights
To restore affordability, we maintain our 2022 projection that Canada will need 3.5 million more units on top of whats already being built.
Weve adjusted our 2030 projection for how many housing units there will be in Canada in 2030 based on current rates of new construction. Our most recent projection is 18.2 million units, down from our 2022 estimate of 18.6 million. This is largely due to the shortfall in housing construction.
About 60% of the 3.5 million housing unit gap is in Ontario and British Columbia. This is because housing supply hasnt kept up with demand over the past 20 years in some of the largest urban centres.
Additional supply will also be needed in Quebec. Once considered affordable, the province has become less affordable over the last few years.
More supply need is also projected for Alberta due to strong economic growth.
Other provinces remain affordable to households with an average level of disposable income. However, challenges remain for low-income households in accessing housing that is affordable across Canada.
In addition to our baseline scenario of 3.5 million additional units being needed to restore affordability by 2030, we offer 2 alternate scenarios: a high-population- growth scenario and a low-economic-growth scenario.
We provide regional highlights for areas across the country.
https://assets.cmhc-schl.gc.ca/