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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New home construction staying steady through the fall Image

New home construction staying steady through the fall

The CMHC released its October 2017 housing starts report, announcing that new home construction will remain steady through the fall.

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