Cmhc

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 05.26.2015 | 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...

Oil And Non-Oil: CMHC Sees Housing Market Divide

CP | The Canadian Press | Posted 05.25.2015 | 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...

Read This Before Borrowing To Buy A Cottage

CP | Craig Wong, The Canadian Press | Posted 05.22.2015 | Canada Business

OTTAWA - Whether you call it a cottage, a cabin or a camp, when the temperature begins to rise, the dreams of sitting on the dock at a place of your o...

Foreign Homeowners In Canada Need To Be Tracked: B.C. MP

CBC | Posted 05.19.2015 | Canada British Columbia

Burnaby MP Kennedy Stewart is calling for Statistics Canada and the Canada Mortgage and Housing Corporation (CMHC) to dig into the numbers on foreign ownership.

Mortgage Insurance Hikes Could Hurt First-Time Home Buyers

CP | Alexandra Posadzki, The Canadian Press | Posted 06.07.2015 | Canada Business

TORONTO - Realtors and economists say higher mortgage insurance premiums introduced recently by Genworth Canada and CMHC could cause first-time homebu...

Major Mortgage Insurer Hikes Premium

CP | The Canadian Press | Posted 06.06.2015 | Canada Business

TORONTO - Genworth Canada says it will be increasing the premium for some of its mortgage insurance, starting June 1, matching a move announced last w...

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 Sees Housing Market Slowdown This Year

CP | Posted 02.06.2015 | Canada Business

OTTAWA _ The Canada Mortgage and Housing Corp. says it expects housing starts in 2015 will dip slightly compared with last year, but remain broadly in...

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 ...

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...

CMHC Data Shows Single Women, Mothers Need Better Places To Live

The Huffington Post Canada | Jesse Ferreras | Posted 11.21.2014 | Canada Business

When it comes to housing in Canada, no one is in worse shape than single women and mothers. That's according to data released by the Canada Mortgag...

Sunny Freeman

How CMHC Put Taxpayers On The Hook For Half A Trillion In Mortgages

HuffingtonPost.com | 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...

CMHC Predicts Soft Landing .. As House Prices Accelerate

CP/HuffPost Canada | The Canadian Press | Posted 10.13.2014 | Canada Business

House price growth accelerated in Canada in July, according to the Teranet-National Bank house price index. Prices in the 11 cities tracked by the ...

Sunny Freeman

What We Don't Know About Canada's Housing Market Could Sink Us

HuffingtonPost.com | Sunny Freeman | Posted 08.07.2014 | Canada Business

Is Canada in a major housing bubble? Without crucial data that lenders and government are withholding, it’s practically impossible to tell. In this ...

Sales Of Million-Dollar Homes Are Out Of Control

The Huffington Post Canada | Daniel Tencer | Posted 07.08.2014 | Canada Business

Sales of million-dollar homes in Canada’s largest cities shot through the roof in the first half of this year, according to luxury real estate agenc...

LOOK: $7.4-Million Cottage Proves You Can't Afford The Outdoors

The Huffington Post Canada | Maham Abedi and Daniel Tencer | Posted 07.16.2014 | Canada Business

Those wild hikes in house prices in Calgary, Toronto and Vancouver are beginning to spill over into cottage country, real estate agency Re/Max says in...

Gulp: CMHC Will No Longer Be Insuring These Types Of Homes

CP | The Canadian Press | Posted 08.06.2014 | Canada Business

OTTAWA - Canada Mortgage and Housing Corp. says it will no longer offer mortgage insurance for homes that cost $1 million or more, starting July 31, e...

It's Still Good, It's Still Good..

CP | Julian Beltrame, The Canadian Press | Posted 07.22.2014 | Canada Business

OTTAWA - Canada Mortgage and Housing Corp. still sees a soft landing in Canada's housing market future, with construction slowing further and price in...

Housing Starts Boom

CP | The Canadian Press | Posted 07.08.2014 | Canada Business

OTTAWA - Canada Mortgage and Housing Corp. says the pace of housing starts rose in April, compared with March.The agency estimated there were 17,124 a...

Why The OECD Sees 'Risks' In Canadian Mortgage Lending

CP/HuffPost Canada | The Associated Press | Posted 07.06.2014 | Canada Business

Canada should reduce the risk of a housing correction by making mortgage lenders shoulder more risk, the OECD says in a new forecast. The organizat...

CMHC Targets Second Homes

The Globe and Mail | Posted 04.26.2014 | Canada Business

Canada Mortgage and Housing Corp. is cutting the types of mortgage insurance it offers, meaning the era of tighter rules for home buyers hasn’t come...