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📉 Vancouver’s construction pipeline is slowing and CMHC just confirmed it. According to the Canada Mortgage and Housing Corporation (CMHC) - the federal agency that tracks and finances housing across the country - housing starts in Metro Vancouver fell nearly 12% in the first half of 2025 compared to last year. Nationally, new home construction stayed almost flat, with only about 117,000 new units started across Canada. That’s far below what experts say we need to meet demand. So why is this ha