housing

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…

Buyers are spending more money on home purchases in several major Canadian cities, even as the COVID-19 pandemic causes layoffs and income reductions across the country.The Canada Mortgage and Housing Corp. said Thursday that home sales…

OTTAWA – Bank of Canada governor Tiff Macklem says the central bank is seeing early signs that people may be purchasing homes solely because they believe prices may go up.Macklem says rising prices in particular for single-family…

In a speech today to chambers of commerce in Calgary and Edmonton, Bank of Canada Governor Tiff Macklem discussed how the economy and jobs could be different after the COVID-19 pandemic and what we can do to ensure that everyone benefits as…

TORONTO – Canada's biggest banks will report their quarterly financial results this week, and analysts say they will be listening for hints as to how bank executives view the economic recovery from COVID-19.John Aiken, head of research…

EllisDon officially announced the launch of EllisDon Community Builders (EDCB), a new group within the company to assist clients who wish to deliver affordable and supportive housing."We have undertaken a unique approach to addressing…

The city of Toronto officially opened an affordable and permanent supportive rental housing building that includes 120 apartments for women at 389 Church St. Operated by the Young Women’s Christian Association (YWCA) Toronto, the…

The suburbs surrounding Toronto, Montreal and Vancouver's are fueling an uptick in homes beginning construction and properties ready for occupancy, says Canada Mortgage and Housing Corp.In two reports released Monday, the federal…

By J.P. Antonacci, Local Journalism Initiative ReporterTHE HAMILTON SPECTATORRay Ferris has been a realtor in Norfolk County for 25 years, but last month he experienced a rarity –  he sold a cottage in January.``Generally in…