‘When you have weak supply responses…prices have nowhere to go but up’
The Canada Mortgage and Housing Corporation (CMHC) released a new study, Examining Escalating House Prices in Large Canadian Metropolitan Centres. According to their findings, strong economic and population growth along with low mortgage
Toronto at risk of overvaluation despite slowed price growth
The Canada Mortgage and Housing Corporation (CMHC) released its Housing Market Assessment (HMA), announcing Canada’s housing markets as highly vulnerable for the sixth consecutive quarter, mostly due to strong evidence of overvaluation
Foreign buyer share remains low and stable in Toronto
According to the Canada Mortgage and Housing Corporation (CMHC), based on data released by Statistics Canada, foreign homeownership (or non-residents ownership) in Canada remained low and stable in 2017. 17 Canadian Census Metropolitan
1.7 million Canadian households in inadequate housing
The Canada Mortgage and Housing Corporation (CMHC) and Statistics Canada released its core housing need report, announcing that 1.7 million households live in core housing need. Representing 12.7% of Canadian households, this housing need
GTA housing expected to become even less affordable
According to a new report from CIBC, the GTA housing market is on course to become even less affordable! Supply is the issue, but what's the solution?
