Saskatchewan housing industry leaders release blueprint to meet demand for new units [Video]

Saskatchewan needs between 60,000 and 80,000 new housing units by 2030 to keep up with population growth and demand, according to the Canadian Mortgage and Housing Corporation.

Housing leaders in the province say there needs to be some policy adjustments to make that happen, and on Monday, the Saskatoon and Regina home builders’ associations, the Saskatchewan Landlord Association and the Saskatchewan Realtors Association released their blueprint to achieve it.

Nicole Burgess, CEO of the Saskatoon & Region Home Builders’ Association, says the current rate of building is nowhere close.

“We need to be really doubling housing starts over the next few years, and we’re nowhere near there,” she said. “Our new housing inventory coming online is very static compared to previous years.”