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
CMHC delivers results for Q1 2018
CMHC released its Q1 2018 financial report in late May, recapping its contributions to the Canadian housing markets and support to Canadians in housing need.
Canadian Apartment Magazine
Canadian housing starts trend stable in March
According to CMHC, March 2018 delivered stable housing starts with 226,842 units compared to 225,804 units in February.
Canadian Apartment Magazine
Federal budget boosts rental housing loan fund
The 2018 federal budget commits $1.25 billion over three years to the Rental Construction Financing Initiative, providing low-cost 10-year loans for municipalities, not-for-profit and private sector developers.
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.
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.
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.
REMI Network
Rental housing complex breaks ground in Saskatoon
Construction has started on a new 26-unit affordable rental housing project in Saskatoon, Saskatchewan.
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
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.
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.
