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Canada’s most expensive rental markets

Preliminary data from the CMHC’s Fall Rental Market Survey show that average monthly rents are still rising in Calgary and Edmonton despite fewer Canadians moving there.

REMI Network

Canada’s purpose-built vacancy rate rises

Canada's 35 larger centres saw the average vacancy rate in privately initiated purpose-built rental apartments increase to 3.3 per cent in October 2015, from 2.8 per cent in October 2014.

Canadian Apartment Magazine

New and emerging trends in seniors housing

Older Canadians represent an increasingly important segment of the Canadian population for developers, organizations and property managers that provide housing. Not only will the number of Canadians over the age of 55 continue to increase over the next several decades, but this group possesses characteristics that are more diverse than any previous generation of seniors.

CondoBusiness

CMHC detects high risk in T.O. housing market

Canada Mortgage and Housing Corporation (CMHC) recently released results from its latest House Price Analysis and Assessment (HPAA) framework.

CondoBusiness

Housing starts continued upward trend in July

Canadian housing starts reached a trend measure of 185,586 units in July, compared to 184,035 in June, reports CMHC.

Canadian Apartment Magazine

Rental vacancy rates and rents across Canada

The average rental vacancy rate for primary purpose-built apartments in Canada rose to 2.9 per cent in April 2015, according to a new report from CMHC.

Canadian Apartment Magazine

Ontario rental vacancy rate drops to 2.5 per cent

The Ontario rental vacancy rate in urban centres was 2.5 per cent in April 2015, down from 2.8 per cent in April 2014, according to a new report released by the CMHC.

Canadian Apartment Magazine

Vancouver apartment demand persists: report

According to the Goodman report: 2014 Greater Vancouver Rental Apartment Review, the Greater Vancouver area experienced a record-breaking $778-million in apartment transactions in 2014, up 33 per cent from the previous year. The average price per suite also increased, year-over-year, to $237,000.

Canadian Apartment Magazine

Apartment demand on the rise in Waterloo

According to the Canada Mortgage and Housing Corporation (CMHC), Waterloo’s new home construction market is shifting from single-detached homes to apartments. Moving forward, the CMHC says demographic changes will support this trend. The CMHC presented data to support this forecast at the annual CMHC Housing Outlook Seminar on November 25.

Canadian Apartment Magazine

Canadian apartment vacancies steady in 2014

Apartment vacancy rates for purpose-built apartments in Canada held steady in 2014 according to the CMHC Spring Market Report.
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Canadian Apartment Magazine

Demystifying CMHC’s loan application process

CMHC publishes a reference guide, which provides details on its products and policies related to multi-unit projects. At the back of the booklet there is a checklist of the minimum documentation required.
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Canadian Apartment Magazine

Financing green initiatives

Recently, CMHC expanded its energy efficiency program features, increasing the maximum amount of its premium rebate from 10 to 15 per cent. The new program also allows for greater flexibility in underwriting, providing higher ...