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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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