Canada Mortgage And Housing Corp
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2.2M mortgage holders will face ‘interest rate shock’ in next 2 years: CMHCWhile overall mortgage delinquencies are holding steady, there's been an uptick of mortgages in arrears among the highest value loans, the CMHC reports.MoneyNov 9
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Foreign buyer ban was expected to impact 2% of home purchases, CMHC docs showRecords from Canada's housing agency show bureaucrats expected a muted impact from the foreign buyer ban and prepped to receive 'tough questions' about it from the public.PoliticsNov 9
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Single-family housing starts picked up pace amid overall slowdown in AugustCanadian homebuilders slowed the pace of housing starts in August, according to the CMHC, particularly among multi-unit builds in urban areas.EconomySep 18
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Should Ottawa build homes again? ‘Conversations’ happening, minister saysThe path to filling Canada's housing supply gap might see the federal government take a more active role in building homes, the federal housing minister hinted on Wednesday.CanadaAug 16
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Canada doesn’t have enough homes to own. Renters will pay the priceA new housing outlook from Canada Mortgage and Housing Corp. shows that as homeownership remains out of reach for many, renters will face higher costs.MoneyApr 27
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High interest rates are slowing homebuilding, but the worst is yet to comeThe pace of Canadian homebuilding is slowing from its pandemic highs under the weight of higher interest rates, a new report shows.MoneyApr 19
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Annual pace of housing starts in Canada slowed in October, CMHC saysThe national housing agency says the seasonally adjusted annual rate of housing starts in October was 267,055 units, down 11 per cent from 298,811 units in September.EconomyNov 16, 2022
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CMHC sees a steeper home price decline next year than first thought. Here’s whyThe Canada Mortgage and Housing Corp. expects home prices will drop 14 per cent in 2023 from the peak earlier this year as it expects the economy to hit a recession.EconomyOct 13, 2022
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Housing starts will fall below 2030 supply targets in Ont., Que. and B.C.: CMHC"We didn't think the challenges were this acute. We thought that there was more capacity in order to achieve these goals."CanadaOct 6, 2022
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Canada’s pace of new builds slowed in June, housing agency saysThe pace of homebuilding in Canada hit a summer slowdown in June, according to the CMHC, which reported new housing start data on Monday.EconomyJul 18, 2022
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