Canada Mortgage and Housing Corporation
CondoBusiness
National housing starts trend down in July
The national trend in housing starts declined slightly to 219,988 units in July 2018, down from 221,738 units in June 2018, according to CMHC.
CondoBusiness
National housing market remains highly vulnerable: CMHC
Canada’s overall housing market remains highly vulnerable, mostly due to evidence of overvaluation and price acceleration, finds CMHC.
Canadian Property Management
Financing the Future: $3.75 Billion in Loans to Build Rental Housing
Having a stable supply of rental housing is critical to our nation’s housing future. That’s where the Rental Construction Financing Initiative comes in.
CondoBusiness
National housing starts trend down in May
The trend in housing starts was 216,362 units in May 2018, down from 225,481 units in April 2018, reports Canada Mortgage and Housing Corporation.
Canadian Apartment Magazine
Focus on Affordable Housing
First National's Daniel Bragagnolo discusses the financing complexities of affordable housing and the advantages of CMHC's new Flex Program.
CondoBusiness
National Housing Strategy Roundtable seeks expert input
Housing experts and stakeholders recently met with Minister Duclos at a National Housing Strategy Expert Roundtable in Ottawa on October 5.
Canadian Apartment Magazine
Why CMHC’s policy changes are positive for borrowers
This summer, the CMHC rolled out a series of policy changes that have changed the game for mortgage loan insurance for multi-unit residential properties.
CondoBusiness
National housing starts trend higher in April
Housing starts are trending upward at 213,768 units in April 2017, compared to 210,702 units in March, according to Canada Mortgage and Housing Corporation.
CondoBusiness
Problematic market conditions persist: CMHC
Despite showing some signs of improvement, Canada Mortgage and Housing Corporation continues to hold the overall rating of the nation’s housing market at “strong evidence of problematic conditions.”
CondoBusiness
GTA home prices have spillover effect in surrounding cities
Due to climbing home prices in the GTA, CMHC reports that home prices in surrounding urban centres are also increasing in a spillover effect.
CondoBusiness
National home price growth remains inflated: CMHC
According to CMHC’s latest Housing Market Assessment (HMA), national home price growth increased by seven per cent year-over-year at the end of Q3-2016.
CondoBusiness
Foreign ownership low in major urban centres: CMHC
The share of foreign ownership in condominium apartments located in Canada’s major urban centres remains low, according to a new CMHC report.
CondoBusiness
Canadian housing starts trend higher in September
In September, the trend measure of housing starts was 199,503 units, compared to 196,465 in August, according to Canada Mortgage and Housing Corporation.
CondoBusiness
Home renovation spending in Ontario is set to increase
Homeowners in Ontario are set to increase renovation spending, according to the latest Housing Market Insight from Canada Mortgage and Housing Corporation.
CondoBusiness
Canadian housing starts trend lower in August
The trend measure of housing starts in Canada was 195,640 units in August, down from 201,379 in July, according to Canada Mortgage and Housing Corporation.
CondoBusiness
CMHC generates $338-mil in net income for Q2
CMHC’s recent Q2 financial results stated that during the last quarter, it generated $338 million in net income from its mortgage loan and other programs.
CondoBusiness
Ottawa housing starts continue downward trend
Housing starts in the Ottawa CMA were trending at 4,475 units in July, down from 4,533 units in June, according to Canada Mortgage and Housing Corporation.