Canada Mortgage and Housing Corporation

Housing starts down seven per cent in March from February: CMHC

April 16, 2024 No Comments

Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.

Home prices could hit peak levels by next year, set new highs in 2026: CMHC report

April 4, 2024 No Comments

The 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.

The Canada Mortgage and Housing Corp. says construction of new homes in Canada's six largest cities remained stable at near all-time high levels last year, driven by a surge of new apartment starts despite demand still outpacing supply for rental housing. New homes are built in Ottawa on Monday, Aug. 14, 2023. THE CANADIAN PRESS/Sean Kilpatrick The Canada Mortgage and Housing Corp. says construction of new homes in Canada's six largest cities remained stable at near all-time high levels last year, driven by a surge of new apartment starts despite demand still outpacing supply for rental housing. New homes are built in Ottawa on Monday, Aug. 14, 2023. THE CANADIAN PRESS/Sean Kilpatrick

Housing starts stable in 2023, but demand still outpaces growing supply of apartments

March 27, 2024 No Comments

CMHC says construction of new homes in Canada’s six largest cities remained stable at near all-time high levels last year.

OSFI rejects Competition Bureau recommendation to drop mortgage stress test for lender switches

March 22, 2024 1 Comment

Canada’s banking regulator says it has no plans to remove the stress test on uninsured mortgages for borrowers who choose to switch lenders.

New homes are constructed in Ottawa on Monday, Aug. 14, 2023. THE CANADIAN PRESS/Sean Kilpatrick

February housing starts increased 14% from January: Canada Mortgage and Housing Corp

March 15, 2024 No Comments

The pace of home construction rose in February as builders started on more apartments and condos, but the industry continues to struggle under cost pressures.

CMHC discontinues First-Time Home Buyer Incentive

CMHC to scrap First-Time Home Buyer Incentive and refocus funding on other tools

March 1, 2024 No Comments

The government has announced it will be discontinuing its First-Time Home Buyer Incentive (FTHBI) program later this month.

Canada Mortgage and Housing Corp. says the annual pace of housing starts in January fell 10 per cent compared with December. Framers work on a new house under construction in Airdrie, Alta., Friday, Jan. 28, 2022.THE CANADIAN PRESS/Jeff McIntosh Canada Mortgage and Housing Corp. says the annual pace of housing starts in January fell 10 per cent compared with December. Framers work on a new house under construction in Airdrie, Alta., Friday, Jan. 28, 2022.THE CANADIAN PRESS/Jeff McIntosh

CMHC reports annual pace of housing starts in January down 10% from December

February 15, 2024 No Comments

Canada Mortgage and Housing Corp. says the annual pace of housing starts in January fell 10 per cent compared with December.

Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC

January 31, 2024 No Comments

The Canada Mortgage and Housing Corp. says rent prices in Canada soared last year as supply struggled to keep up with demand, leading to the lowest national vacancy rate on record since it began tracking that data in 1988.

Canadian seniors are selling their homes later in life. What will this mean for the housing market?

January 4, 2024 No Comments

A recent report has found Canadian seniors are choosing to age in their homes for longer, with many not selling their home until their 80s and 90s.

Mortgage delinquencies for large balances

Delinquencies rising for borrowers with $400k+ mortgages, CMHC report shows

November 17, 2023 2 Comments

While overall mortgage delinquency rates remain near historic lows, figures show an upward trend this year for borrowers with larger balances.