‘Condo King’ Reveals Plan with Carney to Use CMHC for Foreign Rental Investments
A plan to use Canada’s state-owned mortgage insurer to attract foreign investment into rental properties is being developed, according to
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CMHC
Canadian Housing Starts Rise 5% in September, but Long-Term Trend Declines
The Canadian housing market displayed mixed trends in September, according to the latest report from Canada Mortgage and Housing Corporation
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Extended Amortization Now Comes at an Even Higher Cost with Revised Insurance Premiums
Earlier this year, the Canadian government unveiled a new policy allowing 30-year amortization periods for insured mortgages, aimed at first-time
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Liberals To Enable 30-Year Amortization Period On CMHC Insured Mortgages
Canada’s Liberal government has decided that the easiest way to make housing more affordable for Canadians is to extend permitted
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Canadian Rental Market Hits Record Low Vacancy Rates
In a recently released Rental Market Report (RMR), the Canada Mortgage and Housing Corporation (CMHC) sheds light on the challenges
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CMHC Head Romy Bowers to Step Down by Year End
Romy Bowers, President and Chief Executive Officer of the Canada Mortgage and Housing Corporation (CMHC), has announced her resignation from
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Canada Sees Housing Starts Improve 3.9% In September
Canada witnessed an uptick in housing starts for September, with the trend showing 254,006 units, a 3.9% increase from 244,511
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Canadian Housing Starts Trend Line Rises Again in July
It appears that construction intentions across Canada’s real estate market still remain robust amid the high interest rate environment. According
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CMHC: Housing Starts See Major Boost in June Thanks to Construction Activity in Toronto and Vancouver
Canada’s housing sector saw a substantial uptick in June, reversing a months-long declining trend. According to the CMHC, the standalone
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CMHC Rings Alarm on Canada’s Deteriorating Housing Affordability
Canada Mortgage and Housing Corporation (CMHC) chief economist Bob Dugan expressed concerns over the deteriorating affordability of Canada’s housing market,
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