CMHC
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Canada’s homebuilding pace ramps up — but here’s where arrears risk grewThe CMHC said the seasonally adjusted annual rate for total housing starts was up by about eight per cent. But not all areas saw the same increases, and arrears risks are rising.CanadaNov 18
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Mortgage delinquencies rising with Canadians in ‘fragile financial state’Canadians continue to make payments on their mortgages, but there are signs of stress bubbling up on other credit products, which CMHC warns could continue to spread to home loans.MoneyNov 4
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Canada’s pace of homebuilding picked up in September, CMHC saysThe national housing agency says the seasonally adjusted annual rate of housing starts was 223,808 units in September, up from 213,012 in August.EconomyOct 16
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Big city housing starts near highest levels in 34 years. Is it enough?Canada's homebuilders picked up the pace in the first half of 2024, but CMHC warns it won't be enough to restore affordability amid a booming population.EconomySep 26
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Ontario housing starts tumble, developers warn situation will ‘get worse before it gets better’The number of housing starts in the first half of 2024 has lagged behind the previous year, while June saw a 44-per cent drop year-on-year.PoliticsJul 29
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Canadian housing starts were down 9% in June. What’s behind the dropThe June housing starts data serves as a reminder of 'just how little breathing room builders are working with,' amid Canada's housing supply shortage, one expert said.EconomyJul 16
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Mortgage risks have likely more than doubled amid higher rates, CMHC saysThe new CMHC report says current interest rate conditions have more homeowners with mortgages finding themselves in 'precarious financial situations.'CanadaMay 29
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Single-home construction down in Kelowna, but multi-units up: CMHCAccording to the CMHC, nationwide housing starts in March 2024 were down seven per cent from February 2024.CanadaApr 16
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Housing starts in Canada fall 7% in March from previous month, CMHC saysThe national housing agency says the seasonally adjusted annual rate of housing starts amounted to 242,195 units in March compared with 260,047 in February.CanadaApr 16
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Home prices could reach new highs by 2026, CMHC report saysThe Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026.CanadaApr 4
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