Etiket: CMHC
House prices could break records by 2026, says CMHC
(Ottawa) The Canada Mortgage and Housing Corporation (CMHC) predicts that house prices could return to the peaks reached in early 2022 by next year and reach new highs by 2026.…
Help for first-time buyers | CMHC announces the abandonment of an incentive measure
(Ottawa) The first-time home buyer incentive program, perceived by many as being of little use, has ended. Posted at 1:28 p.m. Ian Bickis The Canadian Press The Canada Mortgage and…
CMHC abandons first-time home buyer incentive program
The first-time home buyer incentive program has ended, announces the Canada Mortgage and Housing Corporation (CMHC). The federal agency says the deadline for new applications or updates to the program…
CMHC announces the abandonment of an incentive to help first-time buyers
(Ottawa) The first-time home buyer incentive program has ended, announces the Canada Mortgage and Housing Corporation (CMHC). Posted at 1:28 p.m. The federal agency says the deadline for new applications…
CMHC Rental Market Report | The housing crisis is worsening across Canada
Vacancy rate lower than ever, at 1.5%, and average rent increase of 8% in one year: the housing crisis will worsen in Canada in 2023, in virtually all major cities,…
CMHC data | Montreal contributes to an 18% jump in the pace of housing starts in December
(Ottawa) Canada Mortgage and Housing Corporation (CMHC) says the annual pace of housing starts in December rose 18 per cent from November, helped by a rise in urban multi-family housing…
CMHC Report | A majority of senior households prefer to keep their home
(Ottawa) Although seniors tend to consider moving to smaller homes as they age, many are choosing to age in their homes rather than putting them on the market, reveals a…
CMHC CEO leaves office in December
(Ottawa) The president and CEO of the Canada Mortgage and Housing Corporation (CMHC), Romy Bowers, announced her resignation on Friday. In doing so, Federal Housing Minister Sean Fraser said a…
The pace of housing starts accelerated in September, according to CMHC
The annual pace of housing starts in September increased by 8% compared to August, the Canada Mortgage and Housing Corporation (CMHC) said on Wednesday. The annualized and seasonally adjusted number…
Private sector should participate more in housing market, says CMHC
The private sector must be given the right incentives to invest more in the housing market to meet the goal of creating 3.5 million additional homes by 2030, the Deputy…
CMHC Report | The housing shortage is getting worse in Quebec
The housing shortage in Quebec has worsened in one year, while it has eased slightly in Ontario, according to the most recent update of the study from the Canada Mortgage…
Canadian housing starts accelerated in June, CMHC says
The annual pace of housing starts posted its strongest month-over-month increase in a decade in June, slightly reversing the downward trend seen in recent months. The Canada Mortgage and Housing…
The pace of housing starts accelerated in June, according to CMHC
(OTTAWA) The annual pace of housing starts in June posted its largest month-over-month increase in a decade, fueled by the start of work on new multi-unit housing projects, it said…
Mortgage changes won’t improve affordability, CMHC says
(Toronto) The head of the Canadian housing agency says measures such as extending mortgage amortizations and changing the eligibility threshold for an insured mortgage are not the answer to housing…
Housing market affordability could deteriorate, CMHC fears
(Toronto) When Bob Dugan looks to the future of Canada’s housing market, he doesn’t see the rosy picture that many aspire to. Updated yesterday at 5:59 p.m. Tara Deschamps The…
Housing market affordability is on track to deteriorate, CMHC warns
When Bob Dugan looks to the future of the Canadian housing market, he doesn’t see the rosy picture that many aspire to. “I’m actually worried that affordability will get worse,…
Affordability in the real estate market is on the way to deterioration, warns CMHC
(Toronto) Canada’s federal housing agency fears affordability will deteriorate unless the country soon addresses supply issues and puts in place other measures for the sector. Posted at 3:46 p.m. The…
Real estate: difficult times at least until 2024, predicts CMHC
The black series that the Canadian real estate market has been going through for the past year is not over. And we will have to wait at least until the…
Home prices should stop falling in Canada in 2023, says CMHC
The average house price will soon stop falling and bottom out, but it will not return to pre-pandemic levels in 2023, the Canada Mortgage and Housing Corporation (CMHC) warned Thursday.…
CMHC | The pace of housing starts slowed in December
(OTTAWA) The annual pace of housing starts slowed by 5 per cent in December compared to November, the Canada Mortgage and Housing Corporation (CMHC) said on Tuesday. Posted at 12:06…