Canada Mortgage and Housing Corporation Archives - Mortgage Rates & Mortgage Broker News in Canada

CMHC predicts home sales, prices to rebound in 2025, but tariff threat clouds outlook

February 5, 2025 No Comments

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.

Lenders slow to roll out secondary suit refinancing program

Big banks slow to roll out secondary suite refinancing program despite January 15 launch

January 31, 2025 No Comments

Canadian Mortgage Trends has learned that only a few major lenders are currently accepting applications for the federal government’s secondary suite refinancing program.

high housing costs are restricting population mobility in the country

Soaring housing costs limiting population mobility across Canada: CMHC

January 30, 2025 No Comments

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

January 16, 2025 No Comments

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

December 9, 2024 No Comments

New analysis comes as federal government faces pressure to tackle the housing crisis

CMHC reports annual pace of housing starts up eight per cent in October

November 18, 2024 No Comments

Canada Mortgage and Housing Corp. says the annual pace of housing starts in October rose eight per cent compared with September.

Mortgage arrears forecast to rise in Toronto and Vancouver

Toronto and Vancouver mortgage arrears set to hit highest levels in 10 years, CMHC warns

November 14, 2024 1 Comment

Mortgage arrears in Toronto and Vancouver are on track to rise to levels not seen in over a decade, according to a new forecast from Canada’s housing agency.

CMHC says risks remain in mortgage market as delinquencies creep up

November 4, 2024 No Comments

Risks remain in the mortgage market as a wave of borrowers still have to renew at higher rates, alternative lenders take a growing share of new mortgages and delinquency rates keep creeping up, Canada’s housing agency says.

CMHC says annual pace of housing starts in June down 9% from May

July 16, 2024 No Comments

Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell 9% compared with May.

Ontario to recount housing build numbers

Ontario considers housing data revisions after municipal concerns of undercounting

June 21, 2024 No Comments

Ontario is considering revising its tallies of how many homes are built in cities and towns across the province, after some complained that undercounting has cost them millions in provincial funding.

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