Carter Work Project building 150 homes for Canada 150
The Canada Mortgage and Housing Corporation (CMHC) just announced that the governments of Canada and Manitoba are investing $1.2 million in Habitat for Humanity’s Carter Work Project to help Manitobans become homeowners.“This announcement is truly
CMHC finds strong evidence of problematic conditions in Toronto’s housing market
The Canada Mortgage and Housing Corporation (CMHC) released its 2016 Q1 Housing Market Assessment (HMA) report, announcing evidence of overvaluation and overbuilding across 15 major housing markets in Canada, including Toronto's housing market. In eight
Housing starts in Toronto dropped last month
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts figures for November 2016, announcing that starts stayed steady, but there was a drop in Toronto. The national trend measure of housing starts was 199,135 units, basically
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
Outlook Stable for 2014
It doesn’t look like the naysayers will get their way anytime soon — the latest predictions by the Canada Mortgage and Housing Corporation for the Toronto CMA (presented at the annual CMHC Housing Outlook Conference last week) say next year is going to
Toronto housing market no longer at risk of overvaluation
After a lengthy period of high vulnerability in Toronto’s housing market, it finally looks like things are starting to ease up, according to the Canada Mortgage and Housing Corporation’s latest Housing Market Assessment.
Housing Starts are Hot this Summer
In July, Canada’s housing starts were trending at 189,784 units, according to Canada Mortgage and Housing Corporation (CMHC). This is a slight increase compared to June’s 185,952 units, but CMHC believes that the country’s housing market is still due for
London housing starts surge due to affordability issues in Toronto
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for July 2017, announcing a trend increase, no thanks to Toronto. In July 2017, national housing starts trended at 217,550 units, up from the 215,175 in June. The
Toronto housing market still at risk of overvaluation
The Canada Mortgage and Housing Corporation (CMHC) released its latest Housing Market Assessment (HMA) report for Canada and 15 census metropolitan areas. The HMA finds “strong overall evidence of problematic conditions” in Toronto, as well as Winnipeg,
Ontario housing starts dropped by nearly 20%
The Canada Mortgage and Housing Corporation (CMHC) released its monthly housing starts figures, announcing that starts trended upward in April 2017, despite the nearly 20% decline in Ontario. National housing starts trended at 213,768 units, compared to
