Trimart: Housing Starts on the Rise
The low-rise housing market in southern Ontario continues to show strong, stable growth, so reports the Trimart Research Corporation.The Canadian Mortgage and Housing Corp's recent report shows that starts in March totaled 12,273, just slightly higher
Canadian housing starts remain steady through April
The Canada Mortgage and Housing Corporation (CMHC) released its monthly housing starts figures for April 2016, announcing that housing starts across Canada have remained steady. The trend measure for April 2016 was 195,064 units, basically unchanged from
6 things you need to know about Toronto’s housing market
Ben Myers, Senior VP, Market Research & Analytics, Fortress Real Developments, recently released The Market Manuscript Fall 2017. With an extensive background as an analyst, consultant, mortgage agent, and builder, Myers provides an in depth look at
Are You Ready for Homeownership?
It seems that the culture of homeownership is starting younger and younger. While some are complaining that the kids aren’t ever moving out of the basement, many are seeing their sprogs go straight from college to mortgage.There are arguments for both
Greater Toronto Area resale housing market remains steady through first quarter of 2019
The Toronto Real Estate Board released its resale housing market results for March 2019, reporting steady sales and prices, though the market remained tight. TREB also continues to blame the mortgage stress test for slower sales.
CMHC Releases Canadian Housing Observer 2013
The Canada Mortgage and Housing Corporation (CMHC) released the 11th edition of their annual Canadian Housing Observer. This year’s report has a special feature on the country’s exciting condominium market.“Condos (called strata in BC) include a variety
Toronto at risk of overvaluation despite slowed price growth
The Canada Mortgage and Housing Corporation (CMHC) released its Housing Market Assessment (HMA), announcing Canada’s housing markets as highly vulnerable for the sixth consecutive quarter, mostly due to strong evidence of overvaluation
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
Ontario housing starts stable thanks to strong demand in new home market
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts data for September 2017, announcing that the trend decreased for the first time in many months. National housing starts trended at 214,821 units, which is slightly lower than
In Debt: A Cautionary Tale
Here’s a little story about a gigantic bank.A friend of mine has a mortgage for $260,000 on a house worth about $350,000, with one of the Big Banks. Her name is the only one on the title, but by agreement at separation, she will owe her ex $70,000 (most
