Big year for building starts in the Okanagan
The Canadian Mortgage and Housing Corporation has released it’s yearly report on housing starts. Continue reading
CMHC
Ottawa providing $4.9 million for downtown London affordable housing project
Ottawa will contribute more than $4.9 million to the nearly-complete construction of the 69-unit building at 356 Dundas St. Continue reading
Toronto and Vancouver most ‘vulnerable’ to interest rate hikes: CMHC
That means that for every $1 of disposable income, $2.42 is owed. Continue reading
Montreal landlords not collecting enough condo rent to recoup expenses: CMHC
Last month, the Greater Montreal Real Estate Board reported condo sales were up 22 per cent. Continue reading
Alberta home builders cut jobs and projects as industry faces tough times
By Tomasia DaSilva Reporter
Many Alberta home builders say they’re being forced to cut their workforce and some projects due to a variety of factors. Continue reading
B.C. has some of the highest rents, lowest vacancy rates in Canada: CMHC rental market survey
By Gord Macdonald News Anchor
The vacancy rate in B.C.’s primary rental market went up slightly to 1.4 per cent, compared to 1.3 per cent last year. Continue reading
Feds to spend more than $18 million on 95 affordable housing units in Transcona
By Kevin Hirschfield Reporter
The federal government will spend $18 million to help build 95 affordable housing units at the Park City Commons development in Transcona. Continue reading
Regina expected to see modest housing gains in 2019
A modest recovery in housing is expected to start in Regina for 2019 and 2020 according to a report from the Canada Mortgage and Housing Corporation (CMHC). Continue reading
Recovery in housing starts, slow price growth expect in Saskatoon in 2019: CMHC
A modest recovery in housing starts is expected in Saskatoon for 2019, along with some growth in prices, according to the CMHC 2018 Housing Market Outlook. Continue reading
Local housing industry optimistic despite negative market assessment
The vulnerability of Winnipeg’s housing market has increased over the last few months according to the Canada Mortgage and Housing Corporation. Overbuilding and overvaluation are the main concerns when it comes to the city’s real estate. Continue reading