Market sees rise in vacancies, rents
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Market sees rise in vacancies, rents
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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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OTTAWA – Canada Mortgage and Housing Corp. is raising the rates it charges to insure mortgage loans.
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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 – 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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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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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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(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 – 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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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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