CMHC: Mortgage Debt in Canada Surpasses $2 Trillion Amid Economic Headwinds
According to the CMHC’s Residential Mortgage Industry Report, Canada’s residential mortgage debt rose by 6% to $2.08 trillion in January
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CMHC
Ottawa Relaxes Foreign Home Buyers Rules After Loosely Banning It
Only months after the new laws went into effect, the Canadian government is removing some limitations on foreigners acquiring residential
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CMHC: Housing Starts On The Rise in February
With home sales on the rise, housing starts are also undergoing notable increases, even despite high interest rates. On Wednesday,
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Canada Addresses Real Estate Crisis By… Banning Foreign Ownership?
The Canada Mortgage and Housing Corporation has issued regulations regarding the restriction on foreign homebuyers as the new real estate
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Canadian Housing: CMHC’s Secret Borrowers
The Canada Mortgage and Housing Corporation (CMHC), the Crown corporation responsible for administering Canada’s National Housing Act, like any good
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Oh Deer! Housing in the Headlights
It’s handy to imagine the housing market as a living organism. Various active systems perform their own, specific functions while
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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: 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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