Market sees rise in vacancies, rents
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Tag Archives: CMHC
Starts likely to reach second highest ever
Canada Mortgage and Housing Corp. (CMHC) says housing starts in the Calgary Census Metropolitan Area (CMA) are trending to reach 15,000 units this year, using its six-month moving average of the monthly seasonally adjusted annual rates (SAAR).
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CMHC raising rates for mortgage insurance, expects small impact on monthly costs
OTTAWA – Canada Mortgage and Housing Corp. is raising the rates it charges to insure mortgage loans.
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Multi-family housing starts increase
Multi-family housing starts in the Calgary area last month more than doubled activity from a year earlier, says Canada Mortgage and Housing Corp.
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Calgary region housing starts soar at start of 2014
CALGARY – Housing starts in the Calgary region in January were up a whopping amount compared with a year ago, thanks primarily to a booming multi-family sector.
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Residential real estate outlook is optimistic
Canada Mortgage and Housing Corp. expects Red Deer’s residential real estate market to perform well this year and next — although the national housing agency doesn’t anticipate a surge like the one that took place in 2013.
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Construction to flex muscles
Look for more cranes in the sky and tool boxes at townhome sites this year compared to 2013, says a federal agency.
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Canada’s housing market in good shape: federal housing agency
(Reuters) – Canadian condominium construction has surged but population growth has kept oversupply in check, the federal housing agency said in a report on Wednesday that also showed declining mortgage arrears and high home-equity levels.
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Ottawa imposes risk fee on new high-risk mortgages
OTTAWA – The federal government is imposing a “risk fee” on CMHC for new issuances of high-risk mortgages starting next year — a fresh indication that Finance Minister Jim Flaherty is unhappy with the risk to taxpayers posed by Canada’s hot housing market.
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CMHC: Housing starts rise in Spruce Grove, decline in Stony Plain in 2013
Canada Mortgage and Housing Corporation (CMHC) held its 2013 Alberta Housing Outlook Conference at the Shaw Conference Centre in Edmonton on Nov. 26.
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