Cmhc

Canada's Home Insurer Is Clawing Back Its Real Estate Exposure

The Huffington Post Canada | Jesse Ferreras | Posted 05.10.2016 | Canada Business

It wasn't long ago that Canada's public home insurer was reaching the maximum of what it could provide.

Toronto And Vancouver Condo Markets Show Signs Of Stability

YPNextHome | Posted 04.12.2016 | Canada Business
YPNextHome

Much like last year's Canada Mortgage and Housing Corp.'s condo survey, which showed that investment condos owned by locals in Toronto and Vancouver are a long-term commitment with the objective of generating rental income, this year condominium investors display stable characteristics over time.

Is A Ban On Foreign Buyers The Right Solution To Canada's Housing Crunch?

Ben Myers | Posted 03.30.2016 | Canada Business
Ben Myers

The most commonly repeated explanation for the price surge last year and into 2016 is an increase in foreign buyers, especially Chinese buyers looking to launder their ill-gotten funds. Anecdotal evidence of this happening is at record high, but actual data to support it is severely lacking.

5 Reasons You Should Buy A Home In 2016

YPNextHome | Posted 02.29.2016 | Canada Business
YPNextHome

Why is 2016 a good year to buy a home in Canada? Let us count the ways. While there are no guarantees, in short, real estate in Canada is a proven performer over time. Sure, Vancouver and Toronto have shown the most spectacular historical growth, but even unsung markets in eastern Canada have performed well over time.

A Look At Canada's Housing Performance Over Time

YPNextHome | Posted 02.23.2016 | Canada Business
YPNextHome

Strong historic home price growth might be an expected result, given that real estate is a proven performer over the long term. But looking at price growth in these four-year windows from now to 1984 shows some pretty staggering appreciation.

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.

Will Canada's New Down Payment Rules Affect You?

YPNextHome | Posted 02.10.2016 | Canada Business
YPNextHome

By this time next week, you will no longer be able to buy a home in Canada priced at more than $500,000 with a five-per-cent down payment. Big deal or no deal? It seems to depend on what market you're in.

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.

Canadian Housing Starts Take A Dive

CP/HuffPost Canada | Posted 01.12.2016 | Canada Business

Housing starts fell at their fastest rate in three years in December.

Buying a Condo? Walk A Little To Save A Lot

Wayne Karl | Posted 01.07.2016 | Canada
Wayne Karl

If you're planning on buying or renting a condo, here's an important lesson: purchase prices and rents will be higher the closer you are to major transit hubs such as subway stations. Sure, it's convenient to be located adjacent to a subway stop, but it'll cost you. How much? You'd be surprised.

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.

Ottawa's New Down Payment Rules Aren't Necessarily A Bad Thing

Samantha Brookes | Posted 12.16.2015 | Canada Business
Samantha Brookes

Newly appointed Finance Minister Bill Morneau grabbed lots of headlines last week with the announcement that the Liberal government was imposing more stringent down payment requirements for buying a home. The move is meant to take the air out of the still-hot housing markets of Toronto and Vancouver, and it may well do that.

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...

Calgary Rental Vacancy Rate Quadruples

The Huffington Post Alberta | Sarah Rieger | Posted 11.02.2015 | Canada Alberta

Canada's national vacancy rate average for urban centres is 3.3 per cent.

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 09.24.2015 | 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...

CMHC Says Toronto, Other Cities At High Risk Of Housing Correction

CP | The Canadian Press | Posted 08.13.2015 | Canada Business

TORONTO — A new report from the Canada Mortgage and Housing Corporation says Toronto, Regina and Winnipeg face a high risk of a housing correction...

Amid Bad Economic News, Home Construction Keeps Booming

CP | The Canadian Press | Posted 07.09.2015 | Canada Business

OTTAWA - The pace of new housing starts picked up in June and came in better than expected, defying a recent trend of disappointing economic news.Cana...

Can Home Construction Revive Canada's Economy?

CP | Craig Wong, The Canadian Press | Posted 06.08.2015 | 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...

The Secret Lives Of House Poor Canadians

CBC | Posted 05.26.2016 | Canada Business

They look like the family that has it all. Louise Edgerton, her partner, John Camus, and her 10-year-old daughter, Fianna, joke around while making br...

$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...