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CMHC

CMHC reports annual pace of housing starts in Canada slowed in January

Tara Deschamps, THE CANADIAN PRESS Feb 8, 2019

The Canada Mortgage and Housing Corp. said the annual pace of housing starts slowed in January, dropping less than was expected for the start of the year.The federal housing agency said the seasonally adjusted annual rate came in at…

Building

Housing markets vulnerable despite easing overvaluation: CMHC

Building Feb 7, 2019

While overvaluation has eased in Toronto and Victoria, Canada's overall housing market remains vulnerable for the tenth quarter in a row, according to the most recent Housing Market Assessment (HMA) released by Canada Mortgage and Housing…

Building

CMHC announces new rental development in Chilliwack

Building Jan 25, 2019

Today, Jati Sidhu, Member of Parliament for Mission — Matsqui — Fraser Canyon, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and the Minister responsible for Canada Mortgage and Housing…

Nationwide housing starts dipped in December: CMHC

Building Jan 9, 2019

The trend in housing starts was 206,981 units in December 2018, compared to 212,338 units in November 2018, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly…

Building

Toronto and Vancouver most ‘vulnerable’ to interest rate hikes: CMHC

Linda Nguyen, THE CANADIAN PRESS Dec 13, 2018

Canadians living in two of the country's largest cities may find themselves more "vulnerable'' to interest rate increases as personal debt levels in Toronto and Vancouver continue to hit record-levels, warns a report by Canada Mortgage…

Building

Total number of new mortgages slumped in second quarter, says CMHC

Linda Nguyen, THE CANADIAN PRESS Dec 12, 2018

Rising interest rates and slower income and population growth helped temper demand for new mortgages in the second quarter, according to Canada Mortgage Housing Corp.The federal housing agency says fewer Canadians opened new mortgages in…

Building

National vacancy rate falls to 2.4 per cent, demand still outpacing supply: CMHC

THE CANADIAN PRESS Nov 28, 2018

Canada's national vacancy rate dropped for a second year in a row, as demand for rental housing grew at a faster pace than supply, according to the Canada Mortgage Housing Corp.In its annual rental market survey, the housing agency says…

Building

Canadian housing starts trend decreases slightly in October: CMHC

Building Nov 8, 2018

The trend in housing starts was 206,171 units in October 2018, compared to 207,809 units in September 2018, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly…

Building

CMHC forecasts ‘moderation’ in Canadian housing market over next two years

THE CANADIAN PRESS Nov 6, 2018

Canada Mortgage and Housing Corp. says the country's real estate market is expected to moderate over the next two years as the growth in housing prices begins to slow to be more in line with economic fundamentals.In its annual outlook…

Building

Prices easing but Canada’s housing market still ‘highly vulnerable’: CMHC

THE CANADIAN PRESS Oct 25, 2018

Despite an easing in prices, the Canadian housing market remains "highly vulnerable,'' according to the Canadian Mortgage and Housing Corporation.The federal agency says house prices in Toronto, Vancouver, Victoria and Hamilton are…

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