Canadian housing market still highly vulnerable as overvaluation eases in Toronto
The Canada Mortgage and Housing Corporation released its quarterly Housing Market Assessment, reporting that the country’s housing market overall is still highly vulnerable, mostly due to price acceleration and overvaluation.
Funding announced for 9 innovative affordable housing solutions
The Canada Mortgage and Housing Corporation recently announced that it will be funding nine innovative affordable housing solutions through the National Housing Strategy Demonstrations Initiative.
Demystifying the mortgage process
It is important to understand the ins and outs of the mortgage process before you begin shopping for your new home.
Toronto housing starts remain steady through June
According to the Canada Mortgage and Housing Corporation’s monthly housing starts report, on a national level, starts trended up in June 2019 with 205,838 units, compared to 200,530 in May.
Canadian housing starts remain steady heading into winter
As Canada approaches the harsh winter months, it looks like the nation’s housing starts remained steady through November 2019, according to the latest data from the Canada Mortgage and Housing Corporation.
Genworth Series:What is Mortgage Default Insurance
The amount of money you save for the down payment will determine whether you will require mortgage default insurance.
What to expect when applying for a mortgage for the first time
When you buy a new home preconstruction, the builder requires you to provide proof of pre-approval, but this is much different than applying for a mortgage.
Land constraints impacting pre-construction detached home sales
The Canada Mortgage and Housing Corporation released its national housing starts figures for August 2018, reporting a drop in the monthly trend.
Housing starts trend drops and could keep dropping
The Canada Mortgage and Housing Corporation released its housing starts figures for May 2018, reporting a drop in new home construction.
Tight resale market driving London buyers to purchase preconstruction
Earlier this month, the Canada Mortgage and Housing Corporation (CMHC) released its housing starts figures for April 2018, reporting construction activity held steady month-to-month.
