This report from Canada Mortgage and Housing Corporation (CMHC) provides an overview of housing supply trends across major Canadian metropolitan areas, using data on housing starts, completions, and units under construction. It examines current market conditions, emerging supply imbalances, and the factors shaping housing development, including construction costs, demographic shifts, and government policy. The report also highlights challenges related to affordability, rental housing growth, and the long-term outlook for Canada’s housing supply.