CMHC

The trend in housing starts was 218,998 units in August 2019, compared to 208,931 units in July 2019, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly seasonally…

Habitat for Humanity Canada and its affiliated organizations across the country will receive a $32.4 million financial commitment over three years (2019-2021) from the federal government.Today, I announced $32.4 million over three years…

TORONTO — A growing trend among Toronto-area seniors to delay downsizing efforts and remain in their homes for longer could indicate future housing pressures for younger generations, a new report said Thursday.The Canada Mortgage and…

Ontario bucked a national trend that saw the pace of construction of new homes slow in July, the Canada Mortgage and Housing Corp. said Friday.CMHC's seasonally adjusted annualized rate of housing starts fell by 9.6 per cent in July to…

After three years of high vulnerability, Vancouver presents evidence of moderate vulnerability, while the rest of Canada continues to exhibit a moderate degree of vulnerability, according to a recent Canada Mortgage and Housing Corporation…

OTTAWA – The Bank of Canada has lowered the rate used by mortgage stress tests to determine whether would-be homeowners can qualify, marking the first drop in three years.The central bank's five-year benchmark qualifying rate is now…

The Ontario Real Estate Association's (OREA) chief executive officer, Tim Hudak, in a letter sent today to the House of Commons Standing Committee on Finance, is calling for less stringent mortgage rules – taking aim at comments made by…

An increasing number of homeowners turned to alternative lenders last year, while new mortgage growth reached its slowest pace in more than a quarter of a century amid government interventions aimed at cooling the housing market, according…

According to the first Residential Mortgage Industry Report released by Canada Mortgage and Housing Corporation (CMHC), recent mortgage regulations, rising interest rates and a softening Canadian housing market contributed to a general…

The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC) announced $462 million in funding over eight years for Phase 2 of the Federal…