CMHC

The Canada Mortgage and Housing Corporation (CMHC) has released its latest Housing Market Assessment (HMA). The current HMA is based on preliminary data up to the fourth quarter of 2020, and market intelligence up to February 2021 at the…

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in February slowed compared with January.The housing agency says the seasonally adjusted annual rate of housing starts for February fell to 245,922 units…

The Canada Mortgage and Housing Corp. has chosen Romy Bowers to succeed Evan Siddall as its chief executive next month.Previously a managing director at Bank of Montreal, Bowers has been with the federal housing agency since 2015 and…

OTTAWA — Most homeowners who sought deferrals for mortgages last year have seen their deferral periods end, but the Canada Mortgage and Housing Corp. says the risk of these borrowers falling into arrears could re-emerge.The federal…

TORONTO — More rental properties sat empty in 2020, especially in the Greater Toronto Area where the vacancy rate hit a 14-year high, said Canada Mortgage and Housing Corp.A new report released by the federal housing agency on Thursday…

A W-shaped recovery from the COVID-19 pandemic could trigger a nearly 50 per cent drop in housing prices and a peak unemployment rate of 25 per cent, if the government doesn't offer relief, says the Canadian Mortgage and Housing…

OTTAWA — The annual pace of housing starts in December fell compared with November, according to Canada Mortgage and Housing Corp.The monthly seasonally adjusted annual rate of housing starts for all areas in Canada, excluding Kelowna,…

The jump in home prices seen in many cities this summer and fall was beyond what could be justified by Canadian income levels and population growth, Canada Mortgage and Housing Corp. said in a new report released Wednesday.The comment…

Builders broke ground on more homes in November as construction on multi-family housing picked up in Vancouver and Montreal, Canada Mortgage and Housing Corp. said on Tuesday.The seasonally adjusted annual rate of housing starts rose…

The United Church of Canada’s (UCC) United Property Resource Corporation (UPRC) was created to meet the growing need for professional real estate development and management expertise within communities of faith and non-profits across the…