Canada Mortgage and Housing Corporation

CMHC's Early Warning System Raises Red Flags On Canadian Housing

CP | Alexandra Posadzki, The Canadian Press | Posted 01.26.2017 | Canada Business

5 Canadian housing markets show strong evidence of "problematic conditions."

Mortgage Insurance Is About To Get Costlier

CP | The Canadian Press | Posted 01.17.2017 | Canada Business

The change will add $5 a month to the average mortgage payment.

Ottawa Is Flirting With A Policy Disaster

Will Dunning | Posted 12.23.2016 | Canada Business
Will Dunning

The objective of that policy is to reduce mortgage lending. It means that a potential home buyer who can comfortably afford the costs of buying a home (based on their actual mortgage interest rate, which will usually be less than three per cent) might not be able to get financing, because of a new, very high "stress-test" hurdle (using an interest rate that is currently 4.64 per cent, and far above actual market rates).

B.C. Affordable Housing Plan Barely Passes For Band-Aid Solution

Dermod Travis | Posted 12.01.2016 | Canada British Columbia
Dermod Travis

Hate to be one of those folk that B.C. Housing Minister Rich Coleman believes has nothing better to do than get up and whine every day, but the B.C. government's affordable housing plan announced last week falls short. Sorry, someone had to say it.

Don't Scapegoat Foreigners For Canada's Housing Woes: CMHC

CP | Laura Kane, The Canadian Press | Posted 12.01.2016 | Canada Business

Foreign buyers aren't the major factor driving up house prices, Evan Siddall says.

'Drunken Brew' Of High House Prices, Debt Threatens Canada: CMHC

CP | Alexandra Posadzki, The Canadian Press | Posted 11.19.2016 | Canada Business

Head of federal mortgage insurer calls for higher down payments.

Sudden Interest Rate Hike Could Tank House Prices 30%: CMHC

CP | The Canadian Press | Posted 11.17.2016 | Canada Business

It's just a "stress test," not a prediction.

Get Used To Living In Smaller Homes, Canadians

The Huffington Post Canada | Daniel Tencer | Posted 10.26.2016 | Canada Business

CMHC finds evidence of trouble in eight Canadian housing markets.

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 03.16.2017 | 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 02.11.2017 | Canada Business

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

Canadian Housing Starts Keep Falling

CP | The Canadian Press | Posted 02.07.2017 | 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 01.27.2017 | 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 12.17.2016 | 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 10.26.2016 | 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...