Blog – Housing and Real Estate Analysis and Commentary – June 2023 Housing starts continued to face many challenges including land, cost of permits, keeping pace with population growth, biodiversity, and the mitigation of climate change. Construction costs including labour and raw materials continue to raise the overall cost of housing. Slow adoption of 3D housing continues to plague both supply and affordability. Additional sources and Links: First time home buyers - https://globalnews.ca/news/9783180/first-time-buyers-mortgage-help-royal-lepage/ Climate change and urban sprawl https://blog.remax.ca/15-minute-neighbourhoods/?rmxv=1686759226 3D eco housing - https://archello.com/news/mca-and-wasp-complete-the-first-eco-sustainable-house-3d-printed-from-raw-earth Housing - https://www.newgeography.com/content/007864-solving-global-housing-crisis Issues and solutions - Solving the Global Housing Crisis | Newgeography.com Construction - https://www.mpamag.com/ca/mortgage-industry/market-updates/construction-costs-fuel-new-home-price-growth/450184 Commercial space - https://www.forbes.com/sites/petercohan/2023/06/22/330-million-square-feet-in-vacant-office-space-wont-cure-housing-shortage/?sh=2be8fa06297c Commercial property conversion - https://www.thestar.com/tr/news/waterloo-region/2023/06/22/more-conversions-from-office-to-apartments-underway.html’ Infrastructure gap - https://www.nationalobserver.com/2023/06/02/news/extreme-weather-climate-change-exposes-infrastructure-gap-communities Biodiversity and housing - The benefits to biodiversity of a strong circular economy — European Environment Agency (europa.eu) Housing and climate - https://medium.com/@niharikalabhsetwar/beyond-the-tap-urban-planning-strategies-for-ensuring-water-security-357490de2dfd Population and housing - https://irei.com/publications/article/o-canada-immigrants-and-investment-in-new-housing-flowing-into-country/ Property tax and hikes - https://www.cbc.ca/news/canada/hamilton/tax-increase-development-charges-1.6884344