In our latest report, Canada’s Housing Supply Shortages, we take a closer look at the gap between supply and demand in the housing system. Our goal … Read More
London Apartment Vacancy Rate Hits Eight-Year High Of 3.4 Per Cent
London’s apartment vacancy rate jumped to its highest level in eight years in 2020, as new units hit the market and demand decreased amid the … Read More
Housing Market Will Feel Effect Of COVID-19 Until 2022, CMHC Says
Sales, new construction and prices all expected to decline during pandemic Canada’s national housing agency says the number of new homes being built and sold … Read More
CMHC Expects Housing Market To Recover In Next 2 Years After Declines
After sales, new builds declined this year and last, housing agency expects prices to exceed 2017 peak by 2021 Canada’s federal housing agency says it … Read More
Apartment Building Driving Home Construction
A spike in apartment construction helped drive home building in April for the London area, the Canada Mortgage and Housing Corp. stated in a release … Read More
Buying A Home? CMHC Could Soon Kick In 10% Of The Cost — For A Price
The government is earmarking $1.25B over three years for something it’s calling a ‘shared equity mortgage’ The 2019 federal budget includes a tantalizing pitch for prospective first-time … Read More
CMHC Expects Housing Starts And Sales To Slide Over Next 2 Years
Income, employment support demand for housing, but they’re expected to slow, agency says Canada Mortgage and Housing Corp. says the country’s real estate market is … Read More
CMHC Reports Pace Of Housing Starts Slowed In March Compared With February
The pace of housing starts slowed in March as the rate of new work on buildings such as apartments, townhouses and condominiums decreased, Canada Mortgage … Read More
A Shutout On Apartment Projects Drove Down Housing Starts In January
After a record-breaking year, London area housing construction got off to a cold start in January, because of a lack of multi-family units. The Canada … Read More
CMHC Says National Housing Market Still ‘Highly Vulnerable’ For 6th Straight Quarter
Canada Mortgage and Housing Corp. (CMHC) says the country’s housing markets remain “highly vulnerable” overall for the sixth consecutive quarter with evidence of overvaluation and … Read More
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