CMHC

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…

Canada's housing market experienced overvaluation in some pockets of the country in the spring amid the COVID-19 pandemic, Canada Mortgage and Housing Corp. said in a new report released on Monday.In cities such as Victoria, Moncton and…

The trend in housing starts was 213,144 units in August 2020, up from 204,597 units in July 2020, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly seasonally…

Canada Mortgage and Housing Corp. is bracing for further impacts on the housing market from the COVID-19 pandemic.The housing market will have to reckon with significant short-term uncertainty, as well as falling housing demand from…

Canadian builders started construction on more new condos, apartments and other multi-family homes in June compared to May, despite a slowing pace of building for detached homes in cities.Canada Mortgage and Housing Corp. says the…

Significant employment and income declines, coupled with uncertainty over the future trajectory of the virus and employment and income conditions, will lower demand for housing in 2020 reports Canada Mortgage and Housing Corporation (CMHC).…

CMHC's recent monthly Starts and Completions Survey (SCS), excluding Quebec, was 196,750 units in May 2020, down from 198,644 units in April 2020.Excluding Quebec, the trend was 151,072 units in May, down from 155,600 units in April…

The CMHC has reported that in order to protect future home buyers and reduce risk, it is changing its underwriting policies for insured mortgages. According to the CMHC, “the COVID-19 pandemic is affecting all sectors of Canada's economy,…

Canada's housing sector will see a retreat in prices, sales and building in the months ahead and likely won't see a return to pre-pandemic levels until at least the end of 2022, said Canada Mortgage and Housing Corp. in an outlook released…

Earlier this month, Canada Mortgage and Housing Corporation (CMHC) released its 2019 Annual Report, demonstrating its contributions to the stability of housing markets and the financial system while providing support for Canadians in…