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
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.
Toronto has the most housing starts in the GTA in February 2016
The Canada Mortgage and Housing Corporation (CMHC) released its national housing starts figures for February 2016, announcing that starts have stayed steady from the beginning of the year. The national housing starts trend measure for February was
CMHC Predicts Soft Landing for Housing Market
The Canada Mortgage and Housing Corporation (CMHC) released its second quarter 2014 Housing Market Outlook, Canada Edition, highlighting their forecasts for 2014 and 2015 housing starts, and MLS average prices and sales figures.The CMHC expects Canadian
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
Canadian Housing Starts Remain Steady as of May 2014
The Canada Mortgage and Housing Corporation (CMHC) announced that Canadian housing starts are trending at 184,438 units, a slight increase compared to the 183,872 units in April. Housing starts across the country have remained steady for the past three
New home sales in Brampton, Milton, and Burlington off to a strong start
The latest report from Trimart Research Corporation highlights a few new low-rise sites across the Total Market Area (TMA) that saw strong sales recently, and it also goes into a bit more detail about the Canada Mortgage and Housing Corporation’s (CMHC)
Inventories High, Housing Starts Low
The Canada Mortgage and Housing Corporation (CMHC) announced that national housing starts were trending at 189,837 units in August 2014, which is practically unchanged from July’s 189,596 starts.The trending figure is a six-month moving average of
CMHC Housing Starts for December 2013
The Canada Mortgage and Housing Corporation (CMHC) released its first report of 2014, focusing on December 2013 housing starts.Last December, Canadian housing starts were trending at 195,760 units, compared to 196,430 in November. This is a six-month
Is Canada building new housing too quickly?
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts figures for September 2015, announcing a need for inventory management. The trend measure in Canada was 202,506 units, compared to 195,804 in August 2015. The trend is a six
