Toronto condo construction strong as buyers seek affordability Image

Toronto condo construction strong as buyers seek affordability

The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for February 2018, announcing that new home construction has held steady compared to the previous month.

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New home construction holds steady following 10-year high Image

New home construction holds steady following 10-year high

The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for January 2018, announcing steady new home construction continuing from last year. The housing starts trend for January 2018 was 224,865 units, compared

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‘When you have weak supply responses…prices have nowhere to go but up’ Image

‘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

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The intentions and expectations of 3 types of homebuyers Image

The intentions and expectations of 3 types of homebuyers

The Canada Mortgage and Housing Corporation (CMHC) recently released the 2018 Prospective Home Buyer Survey results, which focuses on the buying intentions of three groups; first-time buyers, previous owners, and current owners. There are many

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Toronto at risk of overvaluation despite slowed price growth Image

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

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Housing starts remain steady in December 2017 Image

Housing starts remain steady in December 2017

The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for December 2017, announcing that new home construction remained stable. Last month, housing starts trended at 226,777 units, almost unchanged compared to

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Foreign buyer share remains low and stable in Toronto Image

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

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Low evidence of overbuilding in Toronto Image

Low evidence of overbuilding in Toronto

The Canada Mortgage and Housing Corporation (CMHC) just released its housing starts report for November 2017, announcing a surge in multiple-unit construction, partially thanks to Toronto. The housing starts trend for all of Canada last

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How can Ontario sustain a healthy rental vacancy rate? Image

How can Ontario sustain a healthy rental vacancy rate?

The Canada Mortgage and Housing Corporation released the results of its Rental Market Survey, announcing a decline in the national average vacancy rate, offsetting two years of increases. The average vacancy rate of purpose-built (primary)

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1.7 million Canadian households in inadequate housing Image

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

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