CMHC

toronto_condos

Canadian Apartment Magazine

Non-resident ownership of condo apartments remains low

According to a new report from CMHC, the share of condominium apartments owned by non-residents remains low in the 17 Canadian Census Metropolitan Areas (CMAs) surveyed.
apartment market

Canadian Apartment Magazine

Rental supply shortages fuel demand

According to CMHC's 2017 Rental Market Survey, the average vacancy rate for purpose-built rental apartment units across Canada decreased from 3.7 per cent in October 2016 to 3.0 per cent in October 2017.
affordable housing

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.
energy efficiency national housing strategy

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.
borrowers

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.
rental housing

REMI Network

Rental housing complex breaks ground in Saskatoon

Construction has started on a new 26-unit affordable rental housing project in Saskatoon, Saskatchewan.
housing starts

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.
problematic conditions

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.”
federal budget

CondoBusiness

Funds in federal budget to close gaps in housing data

The 2017 federal budget released last week allocates funds to shedding light on blind spots in national housing data.
Hamilton

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.
inclusionary zoning new home sales

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.
foreign ownership

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.
arhif

REMI Network

Affordable Housing Crisis Sparks Innovation

New funding models and innovative building techniques are expected to revolutionize the affordable housing sector in Canada.
construction-skilled-trades-gap

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.
building

Canadian Apartment Magazine

Housing starts trend increases in September

Housing starts in Canada have trended upwards in September, according to CMHC. The trend measure of housing starts was 199,503 units this past month compared to 196,465 in August. The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.
affordable housing

Canadian Apartment Magazine

Affordable Rental Innovation Fund kicks off

While speaking at the Toronto Housing Summit on September 30th, the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and the Minister responsible for CMHC, announced that CMHC is now ready to accept applications under the Affordable Rental Innovation Fund.
home renovations

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.