Etiket: CMHC
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…
CMHC forecasts | House prices could fall by 5% with the hike in the key rate
Canadians considering the purchase of a first home should be able to benefit from a slight drop in prices in 2023. Home prices could fall by 5% in the country,…
Mortgage debt for Canadians grew by 9% in 2021, according to CMHC
(OTTAWA) Residential mortgage debt for Canadians rose 9 per cent last year from a year earlier, recording its fastest pace of growth since 2008, the Canada Mortgage and Housing Corporation…
Housing starts trend up in April, says CMHC
The annual trend for new home construction in April was up 8% from March, according to the Canada Mortgage and Housing Corporation. The agency says the seasonally adjusted annual number…
CMHC admits shooting itself in the foot
Despite record housing market activity during pandemic, Crown corporation lost $200 million in uncollected premiums Posted at 12:00 p.m. Andre Dubuc The Press The temporary tightening of underwriting conditions unilaterally…
CMHC expects sales and price increases to persist
(OTTAWA) The Canada Mortgage and Housing Corporation expects home sales and the pace of home price growth to remain strong this year, but to ease from their 2021 highs. Posted…