Canada Mortgage and Housing Corporation
Ontario considers housing data revisions after municipal concerns of undercounting
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.
CMHC says annual pace of housing starts in May up 10% from April
Canada Mortgage and Housing Corp. says the annual pace of housing starts in May climbed 10 per cent compared with April, helped by gains in Montreal and Toronto.
Residential mortgage debt hits $2.16 trillion amid slowest growth in 23 years: CMHC
CMHC says the country’s total residential mortgage debt totalled $2.16 trillion as of February this year, up 3.4% year-over-year and representing the slowest growth in 23 years.
Regulations, ‘fragmented’ construction sector holding back housing starts: CMHC
A study by Canada’s national housing agency says housing starts aren’t keeping pace with residential construction resources available due to restrictive regulations and a “highly fragmented” industry.
CMHC reports annual pace of housing starts in April down 1% from March
Canada Mortgage and Housing Corp. says the annual pace of housing starts in April edged down one per cent compared with March.
CMHC exceeds 2023 housing goals despite economic headwinds
The Canada Mortgage and Housing Corporation surpassed its 2023 housing targets despite difficult economic conditions and internal financial struggles.
Housing starts down seven per cent in March from February: CMHC
Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.
Home prices could hit peak levels by next year, set new highs in 2026: CMHC report
The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026.
Housing starts stable in 2023, but demand still outpaces growing supply of apartments
CMHC says construction of new homes in Canada’s six largest cities remained stable at near all-time high levels last year.