The results are in from the CMHC 2015 First-Time Homebuyers Survey. Read on to see the top trends facing those trying to break into Canada’s housing market.
The CMHC has released its latest forecast for home sales in Canada, and they foresee a downtown in our red-hot market. However, one economist calls into question red flags raised over the condo market, saying the data doesn’t paint the full picture. Here’s what buyers and owners should know.
CMHC August housing starts exceeded expectation, surging 12% – a high not seen since 2012. Read on to learn more about the factors driving home sales.
Foreign real estate investment is a point of contention for expensive markets like Vancouver, where locals allege prices are driven excessively high by buyers who don’t even reside in the city. Now, the Conservative government has made a re-election promise to address the issue – but at what cost?
Good news for prospective home buyers and landlords: the CMHC has announced that 100% of profit from an income suite can be used toward your mortgage qualification, Previously, only 50% was allowed. Read on to see how this can affect your home financing.
A recent report from the C.D. Howe Institute finds Canada needs a $9-billion emergency fund to cover a potential housing crash. Here’s what you need to know about the think tank’s findings, and whether homeowners and borrowers should be concerned.
Buying real estate is becoming increasingly tougher for the average Canadian. What can first time and repeat buyers do to increase their chances of homeownership? Get the full story and this week’s top housing headlines.
Efforts to reduce the CMHC and taxpayers’ exposure to the risky mortgage market has paid off – the Crown corporation has reported it now covers only 50% of new residential mortgages. What does this mean for new borrowers?
The CMHC Q2 housing market update has been released and has a province-by-province breakdown of housing conditions in Canada. How’s the market in YOUR region? Read on to find out.
The latest consumer survey from CMHC finds mortgage renewers are the most loyal to their lenders – 86% of them stayed with their bank once they already had their mortgage in place. Check out the survey’s top consumer highlights.