Canada Mortgage and Housing Corporation

CMHC Issues First-Ever 'Red' Warning For Canadian Housing

CP | Alexandra Posadzki, The Canadian Press | Posted 10.17.2016 | Canada Business

High levels of debt plus rising house prices result in economic contractions, warns CMHC CEO.

Rising Costs And Stagnant Wages Leave B.C. Wallets In Sorry State

Dermod Travis | Posted 09.15.2016 | Canada British Columbia
Dermod Travis

According to the Canadian Payroll Association's survey of employed Canadians released in advance of this week's festivities, 53 per cent of British Columbians reported that "it would be difficult to meet their financial obligations if their pay cheque was delayed by even a single week."

Canada's Banks May Have To Shoulder More Mortgage Risk

CP | Alexandra Posadzki, The Canadian Press | Posted 03.15.2016 | Canada Business

Some experts worry Canadian banks are too eager to lend mortgages.

Why Canada's New Mortgage Rule Won't Cool Overheated Markets

CBC | Posted 02.11.2016 | Canada Business

The majority of the impact will fall on first-time buyers.

Canadian Housing Starts Keep Falling

CP | The Canadian Press | Posted 02.08.2016 | Canada Business

Economic slowdown on the Prairies takes a bite out of housing construction.

Overbuilding A Sign Housing Correction ‘Already Happening'

CP/HuffPost Canada | Posted 01.28.2016 | Canada Business

Toronto's housing market is flashing red warning signs, but Vancouver's has only a "moderate" risk of overly high prices.

New Mortgage Rules Won't Stop A Motivated Borrower

Douglas Hoyes | Posted 12.17.2015 | Canada Business
Douglas Hoyes

New limits may force more borrowers to approach alternative lenders as a source for financing and may increase the percentage of parents taking out a second loan on their own home to help their adult children move into the housing market.

Liberals May Hike Minimum Mortgage Down Payment: Report

The Huffington Post Canada | Daniel Tencer | Posted 12.02.2015 | Canada Business

A prominent mortgage expert says the federal Liberal government is considering raising the minimum down payment needed to get a government-insured mor...

$35 Oil Would Cause House-Price Collapse: CMHC

The Huffington Post Canada | Daniel Tencer | Posted 12.01.2015 | Canada Business

Canadian house prices would drop 26 per cent on average if oil fell to $35 a barrel and stayed there for five years, says the CEO of Canada Mortgage a...

5 Signs Canada's Housing Markets Are Out Of Control

The Huffington Post Canada | Daniel Tencer | Posted 11.03.2015 | Canada Business

You’ve heard it before: Canadian housing is in a bubble, and a price crash is headed our way. It’s been said enough times in the past six years or...

Experts Expect Housing Market To Cool In The Next Two Years

CP | Craig Wong | Posted 10.26.2015 | Canada Business

Canada's housing market has been helped by low interest rates in recent years.

Housing Construction Trending Down In Alberta, Says CMHC

CP | John Cotter, The Canadian Press | Posted 10.08.2015 | Canada Alberta

The largest decline is in single-detached homes, where construction is down 39 per cent.

CMHC Investigating Foreign Ownership Of Canadian Homes

CP | Alexandra Posadzki, The Canadian Press | Posted 09.24.2016 | Canada Business

TORONTO — Data indicating how much of Canada's real estate is being snatched up by foreign buyers is scant, but the country's national housing agen...

Canada's Largest Homebuilder Sees ‘Scary' Future For Mortgage Rates

The Huffington Post Canada | Daniel Tencer | Posted 08.15.2015 | Canada Business

Low interest rates have driven Canada’s housing markets to new heights in recent years, but the president of Canada’s largest homebuilder is conce...

Harper's Pledge On Foreign Homebuyers Gets Mixed Reception

CBC | Posted 08.14.2016 | Canada Business

The Conservatives' pledge to spend $500,000 on collecting "comprehensive data on foreign buyer activity in Canada's housing market" has been met wi...

'Hardly A Hint Of Recession' In Canada's Housing Market

The Huffington Post Canada | Daniel Tencer | Posted 08.11.2016 | Canada Business

Canada may be in the midst of a "technical recession," as economists like to call it (we won't know for sure until StatsCan's GDP release in September...

Can Home Construction Revive Canada's Economy?

CP | Craig Wong, The Canadian Press | Posted 06.08.2016 | Canada Business

OTTAWA - The pace of new home starts picked up in May as the housing sector showed surprising strength Monday, giving economists hope for the second q...

$2M For A Back Yard? Single-Family Homes Going Extinct

The Huffington Post Canada | Daniel Tencer | Posted 05.25.2015 | Canada Business

Construction of single-family homes in Canada’s largest cities is rapidly disappearing, the result of land shortages, changing policies and changing...

Oil And Non-Oil: CMHC Sees Housing Market Divide

CP | The Canadian Press | Posted 05.25.2016 | Canada Business

OTTAWA - Lower crude prices are expected to help contribute to a split in the Canadian housing market that will see oil-producing provinces slow but o...

Mortgages Are About To Get More Expensive For Some Canadians

CP | The Canadian Press | Posted 06.04.2015 | Canada Business

OTTAWA - Canada Mortgage and Housing Corp. is raising mortgage insurance premiums for homebuyers with less than a 10 per cent down payment by about 15...

Home Construction In Canada At Lowest Level In Six Years

CP | Posted 03.09.2015 | Canada Business

OTTAWA — The rate of new home construction in Canada slowed in February to its slowest pace since July 2009, with much of the country caught in a de...

CMHC Slashes Jobs

CP | The Canadian Press | Posted 02.11.2015 | Canada Business

OTTAWA - The Canada Mortgage and Housing Corp. is cutting 215 jobs in a organization of the Crown corporation, which provides mortgage loan insurance ...

Canadians' Debt Levels 'Unsustainable,' Fitch Ratings Warns

CBC | Posted 02.07.2015 | Canada Business

Canadian levels of consumer debt, especially mortgage debt, were termed “unsustainable” by ratings agency Fitch in a report that gives a negative ...

CMHC Makes A Big Admission About Canada's Housing Market

CP | The Canadian Press | Posted 01.24.2015 | Canada Business

OTTAWA — The Canada Mortgage and Housing Corp. said there is a modest amount of overvaluation in the country's housing markets, however other risk f...

Sunny Freeman

How CMHC Put Taxpayers On The Hook For Half A Trillion In Mortgages | Sunny Freeman | Posted 10.09.2014 | Canada Business

When business professor Ian Lee asked a taxpayer-funded, multibillion-dollar insurance scheme for information about the risks in its portfolio, his re...