Tag: CMHC
Mortgage Activity Slows With Cooling Housing Market
The drop in home sales in the first half of 2023 led to a slowdown in new mortgage activity but rising interest rates and...
Canadian Housing Starts Increased In April
The standalone monthly seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada increased 22% in April (261,559 units) compared to March...
Home Prices To Stabilize, Then Increase Through The Forecast Period
Recent Canadian home price declines, from historic highs during the pandemic, are expected to cease in mid-2023, but the average annual price will end...
CMHC Releases Latest Available Data On Trends In The Residential Mortgage...
Canada Mortgage and Housing Corporation just released its Fall 2022 edition of the Residential Mortgage Industry Report. This latest report provides insights into the...
Governments Alone Cannot Fix Canada’s Housing Affordability Challenges
Canada Mortgage and Housing Corporation's (CMHC) central aspiration is that everyone in Canada has a home that they can afford and that meets their needs.
Unfortunately, we...
Canadian Housing Starts Continued To Trend Lower In October
The trend in housing starts was 264,264 units in October, down from 270,661 units in September, according to Canada Mortgage and Housing Corporation (CMHC)....
