Non-residents own more than 7% of condo units in Toronto
The Canada Mortgage and Housing Corporation released its latest Housing Market Insight report, highlighting some new data gathered on non-resident homeownership in British Columbia, Ontario, and Nova Scotia.
Funding announced for 9 innovative affordable housing solutions
The Canada Mortgage and Housing Corporation recently announced that it will be funding nine innovative affordable housing solutions through the National Housing Strategy Demonstrations Initiative.
Don’t expect to see a spike in detached home construction this year
The Canada Mortgage and Housing Corporation released its monthly housing starts report for February 2019, reporting a drop in new home construction.
Governments and corporations own just 7% of residential properties in Ontario
The Canada Mortgage and Housing Corporation recently released highlights of its latest Housing Market Insight report, which focused on individual and non-individual residential property ownership.
Expect fewer new homes breaking ground in Toronto during 2019
The Canada Mortgage and Housing Corporation released its monthly housing starts figures for January 2019, reporting that starts held steady compared to the previous month.
Canadian housing market still highly vulnerable as overvaluation eases in Toronto
The Canada Mortgage and Housing Corporation released its quarterly Housing Market Assessment, reporting that the country’s housing market overall is still highly vulnerable, mostly due to price acceleration and overvaluation.
Housing starts hit record highs and lows across Ontario
The Canada Mortgage and Housing Corporation released its housing starts results for December 2018, reporting an elevated annual level when compared to historical averages.
Condo construction on the rise as detached homes remain unaffordable
The Canada Mortgage and Housing Corporation released its housing starts results for November 2018, reporting the national housing starts trend increased last month.
Canadian housing market won’t crash like the U.S.
The Chartered Professional Accountants of Canada conducted a study to see if Canada’s housing market shared the same fate as the United States, with regards to the 2008-09 bubble and crash.
Ontario vacancy rate remains near historical lows
The Canada Mortgage and Housing Corporation released its latest Rental Market Survey, reporting a drop in the overall vacancy rate.
