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
Home price growth expected to slow over next 2 years
According to the latest report from Trimart Research Corporation, the supply and demand issue in the new low-rise market continues to bolster home prices. But, Trimart also notes that the Canada Mortgage and Housing Corporation (CMHC) has announced that
Is Toronto’s Housing Market at Risk of Overbuilding?
The Canada Mortgage and Housing Corporation (CMHC) released its updated results of the House Price Analysis and Framework, announcing that Toronto’s housing market is at moderate risk due to overvaluation and risk of overbuilding.The analysis and
Most condo investors expect to own for more than five years
CMHC released its 2015 Condominium Owners Survey, saying that condo investors in our two hottest markets (yup, Toronto and Vancouver) display “stable characteristics over time,” meaning not much has changed over their last three reports.According to the
Inventories High, Housing Starts Low
The Canada Mortgage and Housing Corporation (CMHC) announced that national housing starts were trending at 189,837 units in August 2014, which is practically unchanged from July’s 189,596 starts.The trending figure is a six-month moving average of
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 activity on the rise in Montreal
Before the foreign buyer tax was even implemented in Ontario, some overseas investors started looking elsewhere for good opportunities. According to the Canada Mortgage and Housing Corporation (CMHC), Montreal is showing signs of being the next hot spot
London housing starts surge due to affordability issues in Toronto
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for July 2017, announcing a trend increase, no thanks to Toronto. In July 2017, national housing starts trended at 217,550 units, up from the 215,175 in June. The
10 Interesting Traits of Condo Investors in Toronto and Vancouver
The Canada Mortgage and Housing Corporation (CMHC) has released the results of its 2014 Condominium Owners Survey (COS), outlining the buyer profile of condo owners and investors in Toronto and Vancouver.42,191 households in Toronto and Vancouver were
Canada’s Housing Market to Remain Stable Through 2016
The Canada Mortgage and Housing Corporation (CMHC) has released its Housing Market Outlook, Canada Edition for the second quarter of 2015, announcing that the country’s housing markets should remain stable for the rest of the year and throughout
