Detached housing starts trending higher despite rising prices
The Canada Mortgage and Housing Corporation released its monthly housing starts data for August 2019, reporting the trend reaching 218,998 units, up from the 208,931 in July. The trend is a six month moving average of seasonally adjusted annual rates.
National housing starts continue to climb through the end of the year
The Canada Mortgage and Housing Corporation (CMHC) released its national housing starts figures for November 2015, announcing that the upward trend has continued. The trend measure for November 2015 was 208,401 units, compared to 206,125 in October. “The
Toronto housing starts dropped 44%
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for May 2017, announcing that starts trended upwards last month. In May 2017, Canadian housing starts trended at 214,621 units, a slight increase compared to April’s
Rental construction needs to double to satisfy demand
The Canada Mortgage and Housing Corporation (CMHC) recently released the results of its Rental Market Survey, and Urbanation, the Greater Toronto Area’s (GTA) source for condo market intelligence, quickly published a
First-Time Homebuyers: Beware Prepayment Penalties!
We’ve all heard the term ‘mortgage,’ some might even know that as a standard, you’re allowed to pay a lump sum of 15 percent per term on the original amount outstanding. But what if you manage to penny-pinch a little extra this year and decide to pay
These tips will help you stick to your monthly budget
With the price of housing steadily on the rise with no signs of slowing down, it seems more important than ever to stick to your monthly budget. Whether you’re saving for your first home, paying off a mortgage, or content renting, the high cost of living
Toronto housing starts rebounded in January
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts figures for January 2017, announcing that starts trended at 199,834 units, which is a slight increase from the 197,881 in December 2016. The trend is a six month moving
New home starts increasing in Toronto due to limited resale supply
The Canada Mortgage and Housing Corporation (CMHC) released its monthly housing starts report for June 2016, announcing an increase in new home starts across Canada. The trend measure for last June was 197,918 units, which is a slight increase compared
48% of Canadians feel B-20 hurts first-time buyers: survey
It’s getting a whole lot pricier to get a mortgage in Canada – with the economy back on track and household debt on the rise, policy makers have been tightening the interest rate reins at the fastest pace in a decade.
Ontario was the only province to see an increase in housing starts last month
The Canada Mortgage and Housing Corporation (CMHC) released its national housing starts report for August 2015, announcing a large increase in construction activity in Ontario. Housing starts in Canada trended at 196,565 units in August 2015, compared to
