City of Toronto HELPs Homeowners Improve Energy Efficiency of Homes
Image via www.Toronto.caExciting news - the City of Toronto has taken another step toward creating a more sustainable future by introducing the Home Energy Loan Program (HELP).What is HELP?Last summer, Toronto City Council “approved a $20 million pilot
Highland Hills: Under Construction
We at the Toronto Star’s NewInHomes.com have been reporting on new residential sites across the Greater Toronto Area and beyond, from Kitchener to Oshawa, all along Southern Ontario.
Mississauga Mansion Sells for Nearly Half the Asking Price
Image via www.thestar.comBy Penny MunozOnce listed for $11 million, this Mississauga mansion is the new home of an anonymous bidder who bought it for a controversial $6.2 million.Though the auction for the mansion filled the room with deafening silence,
CMHC announces Toronto market at risk due to overvaluation and price acceleration
The Canada Mortgage and Housing Corporation (CMHC) released its quarterly House Price analysis and Assessment (HPAA) framework, announcing that housing markets in Toronto, along with Winnipeg and Regina are at high risk of correction.“Nationally, CMHC
CMHC Predicts Soft Landing for Housing Market
The Canada Mortgage and Housing Corporation (CMHC) released its second quarter 2014 Housing Market Outlook, Canada Edition, highlighting their forecasts for 2014 and 2015 housing starts, and MLS average prices and sales figures.The CMHC expects Canadian
It pays to buy green: You can now save more money buying an energy efficient home
The Canada Mortgage and Housing Corporation (CMHC) just announced that it is increasing the premium refunds for energy efficient homes. “CMHC is committed to fostering energy-efficient housing in Canada,” says Steve Mennill, Senior Vice President,
CMHC Housing Starts for November 2013
The Canada Mortgage and Housing Corporation (CMHC) recently released its report on November 2013’s housing starts statistics.According to CMHC, housing starts in Canada were trending at 194,014 units in November. This is a six-month moving average of
Cutting Your Home Energy Costs
By Mark SalernoDid you know that you may be eligible for a 10 per cent refund on your Canada Mortgage and Housing Corporation (CMHC) mortgage insurance premium if you use CMHC insured financing to purchase, build, or renovate your home to make it energy
Housing Starts are Hot this Summer
In July, Canada’s housing starts were trending at 189,784 units, according to Canada Mortgage and Housing Corporation (CMHC). This is a slight increase compared to June’s 185,952 units, but CMHC believes that the country’s housing market is still due for
Problematic housing conditions in Canada are getting worse
The Canada Mortgage and Housing Corporation (CMHC) just released its latest Housing Market Assessment (HMA), announcing that overall Canada’s problematic housing conditions have shifted from weak to moderate. CMHC has found evidence of overvaluation and