CMHC: Canada Could Face A “Mild Recession” In A 3.5% Interest Rate Scenario
The Canadian economy might be headed for a “mild recession” should the Bank of Canada hike the interest rate more
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CMHC
CMHC: Canada’s Housing Market Slated to Cool From Historic Highs
Canada’s housing market is expected to recede from the historic highs witnessed throughout 2021, as higher mortgage rates and home
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CMHC: Rental Market Becoming Less Affordable for Canadians
Canada’s rental market continued to recover throughout 2021, as economic conditions improved and strong vaccination rates bolstered a partial rebound
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Canadian Housing Starts Jumped 3.2% in May
Canadian housing starts posted another slight increase in May, rising by an annual pace of 3.2% from the month prior
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CMHC Reiterates Forecast of Housing Price Drop as COVID-19 Market Risks Contribute to Vulnerability
As Canada’s housing market continues to defy the coronavirus economic downturn with booming demand and rising home prices, the Canada
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Canada’s Construction Industry Booming Despite Economic Slowdown, Housing Starts Rose 6.9% in August
Although the economic rebound from the coronavirus pandemic has been evident across many industries, it appears that Canada’s construction industry
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Bank of Canada Lowers Mortgage Rates to 4.79% Amid CMHC’s Warning Regarding Risky Mortgages
The Bank of Canada has decided to further decrease its benchmark five-year mortgage rate to 4.79%. This is the third
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CMHC Urges Private Mortgage Issuers to Observe New Rule Changes on Borrowing Requirements
Canada’s housing authority has recently released a statement urging the country’s private mortgage lenders to refrain from issuing loans to
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Canada’s Housing Starts Show a Steady Increasing Pace in June
As restrictions are gradually lifted Canadians return to work following the height of the coronavirus pandemic, preliminary housing starts data
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CMHC Releases Preliminary Housing Starts Data for Month of May
The Canada Mortgage and Housing Corporation (CMHC) has recently released preliminary housing starts data for the month of May. The
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