Canada Mortgage and Housing Corporation recently released housing start data for the Lethbridge area, and although housing starts were down last month, year to date starts are still better than last year.
Read more: http://tinyurl.com/d4wrh2x
Tag Archives: CMHC
Construction pace rises 14 per cent
Construction starts of single-family homes in and around the city increased 14 per cent from Jan. 1 to the end of March, says a federal agency.
Starts in the Calgary census metropolitan area rose to 1,427, up from 1,256 starts during the same period last year, says Canada Mortgage and Housing Corp. The area includes the city as well as surrounding communities such as Airdrie, Chestermere and Cochrane.
Read more: http://tinyurl.com/d6dka6b
Housing increase in first quarter of 2013
Canadian Home Builders’ Association—Lethbridge Region recently reported that housing starts for Lethbridge in the first quarter of 2013 are showing a 55% increase over 2012.
The biggest jump was in the multi-family starts: 32 for 2013 over 10 in 2012.
Read more: http://tinyurl.com/c2prr8a
Multi-family housing on the rise in GP
In a city such as Grande Prairie where demand for housing far outweighs supply, the latest numbers released by Canada Mortgage and Housing Corporation suggest help could be on the way.
According to CMHC, numbers are up across the board in Grande Prairie after the first quarter of 2013, with the biggest increases happening in multi-family complexes (which includes semi-detached, row and apartment units.)
Read more: http://tinyurl.com/czmcajz
Edmonton housing start numbers for March among best in Canada
EDMONTON – The pace of housing starts in the Edmonton region outpaced the national market in March, according to Canada Mortgage and Housing Corp.
The national agency reported Tuesday 1,176 homes were started in the month, up 14 per cent from March 2012.
Read more: http://tinyurl.com/celt67u
Construction pace holding steady
Construction starts of single-family homes in Calgary held steady in February compared to activity a year earlier, says a federal agency.
The city saw shovels in the ground on 359 homes last month, easing only one per cent from 362 starts a year earlier, says Canada Mortgage and Housing Corp.
Read more: http://tinyurl.com/a3bwhl9
Lethbridge housing starts on the rise
Canada Mortgage and Housing Corporation recently released their report on housing starts for February, and Lethbridge starts are on the rise
The city saw an increase in all areas. For February 2013, starts for single-detached homes were at 44, up from 33 the year before. All other housing starts had gone up from 8 to 12, for a total of 56 homes last month and 41 in February 2012.
Read more: http://tinyurl.com/cykwu53
Valuable Fraud Prevention Tips for Homebuyers and Homeowners
March is Fraud Prevention Month. Canada Mortgage and Housing Corporation (CMHC) has consistently been a leader in the fight against mortgage fraud and offers the following tips to protect yourself against becoming a victim of mortgage fraud.
Read more: http://tinyurl.com/bso2cdd
‘We don’t want … low-ball offers’: CMHC firm on hiding foreclosure information from buyers
Canada Mortgage and Housing Corp. is making no apologies over its tactic of not disclosing a house has been repossessed when it puts the home back on the market.
The Crown corporation says it is acting like any other seller — just trying to get the best offer it can. Critics charge CMHC should disclose more information, given its role as Canada’s national housing agency.
Read more: http://tinyurl.com/d3zhd3o
CMHC seeking to hide foreclosure information from home buyers
Canada Mortgage and Housing Corp. has been asking realtors for months to keep consumers in the dark about whether the properties it sells are part of a foreclosure, according to a document obtained by The Financial Post.
Read more: http://tinyurl.com/aeg6fn7