Housing starts declined across Canada, except in Ontario
The Canada Mortgage and Housing Corporation (CMHC) released its national monthly housing starts report for March 2016, announcing a decline in every region of Canada, except for Ontario. The trend measure in March was 196,783 units, compared to 201,618
There are a number of factors contributing to the success of the new home market
Housing starts have stayed steady in Canada and somewhat steady in Ontario, though Toronto saw a decline. CMHC says that the lack of listings in the Toronto CMA resale market has caused a spill over of buyers to the new home market, which kept detached
Building Your New Home Buying Team
As a first time homebuyer, it is important to put together the right team of professionals, so Canada Mortgage and Housing Corporation (CMHC) offers the following who's who list of experts and what they should bring to the table:Real estate agent Among
National housing starts continue to climb through the end of the year
The Canada Mortgage and Housing Corporation (CMHC) released its national housing starts figures for November 2015, announcing that the upward trend has continued. The trend measure for November 2015 was 208,401 units, compared to 206,125 in October. “The
Housing starts take a downward turn in Toronto
The Canada Mortgage and Housing Corporation (CMHC) released its May 2016 housing starts figures, announcing that the national trend declined last month. In May, Canadian housing starts trended at 191,000 units, down from 194,950 in April. The trend is a
Post-secondary students come up with innovative solutions to create affordable housing
The CMHC announced the winners of the Innovation Fund Student Challenge, an initiative encouraging post-secondary students to come up with out-of-the-box solutions to address affordable housing issues in the rental market.
Condo construction slows down through the summer
The Canada Mortgage and Housing Corporation (CMHC) released its national housing starts data for August 2016, announcing that starts trended lower last month due largely to a slowdown in condo construction.The trend measure for housing starts in August
Toronto housing starts rebounded in January
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts figures for January 2017, announcing that starts trended at 199,834 units, which is a slight increase from the 197,881 in December 2016. The trend is a six month moving
Toronto Sees the Most Condo Starts in the CMA
The Canada Mortgage and Housing Corporation (CMHC) released its April 2015 report of national housing starts, announcing a slight increase compared to March 2015.In April, Canada’s housing starts were trending at 179,299, compared to 179,114 the previous
Should You Invest in a New Condo?
In a 2012 report (the most recent reliable numbers I could find), Canada Mortgage and Housing Corporation (CMHC) reported that total investor-owned condos represent about a quarter of all condo units, but that only includes units rented through MLS, not
