CMHC

OTTAWA – Developers started building fewer homes than expected in December, mostly because of a decline in multi-unit projects, Canada's housing agency said Thursday.Canada Mortgage and Housing Corp. said the seasonally adjusted annual…

CMHC's 2020 Housing Market Outlook calls for housing starts to stabilize over the next two years following two years of declines. The release also forecasts income and population growth that will support a rebound in home sales and…

The pace of Canadian housing starts slowed in September compared with August, but still came in better than expected.Canada Mortgage and Housing Corp. said Tuesday the seasonally adjusted annual rate fell 2.5 per cent month-over-month…

Conservative leader Andrew Scheer's pledge to extend mortgage amortization maximums for some homebuyers and loosen a contentious stress test would likely lead to more debt and higher property prices, some experts say.''Oh my god,…

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…