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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.

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.

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.

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.

Canadian Apartment Magazine

Improving safety for elderly tenants

The Canadian population is aging and seniors constitute the fastest-growing age group. This trend is expected to continue for the next several decades due to a below replacement fertility rate, an increase in life expectancy, and the aging of the baby boom generation.

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.

CondoBusiness

Problematic housing market conditions worsen

According to the most recent Housing Market Assessment from CMHC, problematic conditions in Canada's housing market have escalated since the last report.

Canadian Apartment Magazine

Multi-unit starts expected to slow in 2016

According to CMHC's Q2 Housing Market Outlook , multi-unit starts are expected to slow for the remainder of the year, then stabilize in 2017.

CondoBusiness

Housing starts expected to slow in 2016 and 2017

In the second quarter Housing Market Outlook (HMO), Canada Edition released by Canada Mortgage and Housing Corporation (CMHC), national housing starts are predicted to slow

CondoBusiness

CMHC generated $313 mil in net income for Q1

Canada Mortgage and Housing Corporation (CMHC) released its first quarter financial results earlier this week, along with supplemental data on the organization’s mortgage loan insurance,

CondoBusiness

CMHC detects overvaluation in nine CMAs

According to Canada Mortgage and Housing Corporation (CMHC)’s latest Housing Market Assessment (HMA), overvaluation has been detected in nine Census Metropolitan Areas (CMAs), while overbuilding

CondoBusiness

Foreign buyers investing in newer condos: CMHC

Canada Mortgage and Housing Corporation (CMHC) has released a new Housing Market Insights (HMI) report focusing on foreign ownership in Canada’s housing markets, a topic

CondoBusiness

February housing starts relatively unchanged

In February 2016, the trend measure of Canadian housing starts was 198,880 units, compared to 199,107 units in January, according to Canada Mortgage and Housing

CondoBusiness

Housing starts trended lower in January: CMHC

According to Canada Mortgage and Housing Corporation (CMHC), January saw the trend measure of housing starts drop to 199,169 units, compared to 203,304 in December.

CondoBusiness

Foreign ownership of condos up YOY in Toronto

According to the Canada Mortgage and Housing Corporation (CMHC), recent media stories have indicated that foreign buyers are causing the price of Canadian homes to