
Canada Mortgage and Housing Corporation


Surge in CMHC-insured multi-unit lending shows no signs of slowing
CMHC-insured loans for multi-unit rental housing have surged in recent years, driven by high interest rates and federal policies aimed at boosting rental supply. And while growth may moderate in the near term, a new report says the long-term outlook remains strong.

Singh pledges low-interest, government-backed mortgages for first-time homebuyers
NDP Leader Jagmeet Singh is proposing a new government-backed mortgage program to help more Canadians get into the housing market—particularly first-time buyers who have been priced out in recent years.

Federal government promises $2.55B in low-cost loans to build Toronto rental homes
The federal government is promising billions in low-cost financing to help build thousands of rental homes in Toronto, including more than a thousand affordable units.

CMHC reports seasonally adjusted rate of housing starts slowed in February
Canada Mortgage and Housing Corp. says the annual pace of housing starts in February slowed 4% compared with January.

CMHC predicts home sales, prices to rebound in 2025, but tariff threat clouds outlook
Canada Mortgage and Housing Corp. is forecasting a rebound in home sales and prices this year as homebuyers take advantage of improved borrowing conditions, but says its outlook is clouded by the threat of widespread tariffs from the U.S.

Big banks slow to roll out secondary suite refinancing program despite January 15 launch
Canadian Mortgage Trends has learned that only a few major lenders are currently accepting applications for the federal government’s secondary suite refinancing program.

Soaring housing costs limiting population mobility across Canada: CMHC
Canada Mortgage and Housing Corp. says high housing costs are restricting population mobility in the country, as Canadians are finding that it’s too pricey to buy or rent in cities where they seek jobs.

CMHC says total housing starts in 2024 up 2% from 2023
Canada Mortgage and Housing Corp. says the total number of housing starts in 2024 rose two per cent compared with 2023, helped by increased starts in Alberta, Quebec and the Atlantic provinces.

CMHC: Restoring pre-COVID housing affordability should be the goal
New analysis comes as federal government faces pressure to tackle the housing crisis