Winnipeg Pilot Builds Hope, But Rising Rates and Tight Supply Keep Pressure on Canada's Housing Market

A Winnipeg neighbourhood pilot project is turning vacant, blighted lots into affordable homes, offering a glimmer of optimism for a supply-strapped market. The initiative, backed by the city, provincial funding, and community advocates, sold lots for as little as $1 to a non-profit builder, allowing families like Jesse Bettcher's to move from deteriorating rentals into new ownership. With a credit score below 500, Bettcher's purchase shows how creative financing and...