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
How will Trump affect the Canadian housing market?
If there’s one thing we can agree on now that the US election is behind us, surely it’s that it’s been as divisive as any we’ve ever seen. For our purposes, let’s just leave the politics at that. I’m now curious about how Trump will affect the Canadian
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
Moshe Safdie Celebrates First Canadian Condo in 48 Years
Marking an exciting milestone for the East Bayfront neighbourhood, Great Gulf and Waterfront Toronto celebrated the official groundbreaking of Monde, a 44-storey, LEED Gold Certified condo designed by world-renowned architect Moshe Safdie, who was in
Many Canadians giving up on the dream of single-family homeownership
Sotheby’s International Realty Canada just released its 2018 Modern Family Home Ownership Trends, a joint report with Mustel Group.
Canadian Per Capita Net Worth Hits All Time High
Canadian household net worth increased by $196 billion to $7.89 trillion in the first quarter of 2014. Per capita net worth also reached an all time high, going from $217,900 to $223,200. In the Total Market Area, July’s total 1,499 sales is an increase
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.
Canadian housing starts increased in 2015 thanks to Toronto’s condo market
The Canada Mortgage and Housing Corporation (CMHC) released its latest housing starts report, announcing that Canadian housing starts trended lower in December 2015, but total starts for the year increased. Across Canada, the trend measure of housing
Canadian housing starts remain steady through March 2019
The Canada Mortgage and Housing Corporation released its housing starts data for March 2019, but there’s not much to get too excited about as construction remained steady to wrap up the first quarter of the year.
Canadian real estate debt raises red flag, but don’t worry
The Bank for International Settlements (BIS), a Switzerland-based research and advisory organization comprised of the 60 central member banks that own it, has flagged Canada for a banking crisis in its latest quarterly review.
