Condos May Be On The Way Out, Statistics Canada Predicts
Is the golden age of high-rise condos behind us? Statistics Canada thinks that might be the case. The agency put ...
Toronto House Prices Are Way Up Compared To Last Year
TORONTO — The Toronto Regional Real Estate Board says the number of homes sold in the region in June was ...
Suburbs Boom, Toronto Fizzles As World’s Major Cities Witness A Pandemic Exodus
For the past few years, you could hear the crickets chirp in the housing market in York Region, north of ...
Canadian Home Sales, Construction Headed For Period Of ‘Severe Declines,’ CMHC Says
OTTAWA ― Canada’s housing market is headed into a period of “severe declines″ in sales and construction, but the full ...
Coronavirus Pandemic Could Mean Chance For Gov’t To Pick Up Rental Units Cheaply
OTTAWA — A new analysis of the country’s stock of affordable housing suggests the Liberals’ decade-long strategy to provide more ...
Rising House Prices And Tanking Rental Market Show Pandemic’s Economic Divide
ACH-DP via Getty ImagesHigh-rise condo towers at Humber Bay Park in the Toronto borough of Etobicoke. House prices in many ...
Canadian Mortgage Rates Hit All-Time Low
MONTREAL ― Interest rates around the world have fallen sharply amid a pandemic-induced economic crisis, and the result is that ...
CMHC’s New Mortgage Rules Cut Maximum Purchase Price By Up To 12%: Experts
RandyRomano via Getty Images MONTREAL ― Evan Siddall, the president and CEO of Canada’s government-run mortgage insurer, appears to be ...
CMHC Reviews Underwriting Criteria
CMHC Reviews Underwriting Criteria The COVID-19 pandemic is affecting all sectors of Canada’s economy, including housing. Job losses, business closures ...
CHMC Multi-Unit Market Refinance to Support Investments in Housing
COVID-19: Refocusing Multi-Unit Market Refinance to Support Investments in Housing CHMC is implementing a new restriction on use of funds ...