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
Read moreAccording to the CMHC’s Residential Mortgage Industry Report, Canada’s residential mortgage debt rose by 6% to $2.08 trillion in January
Read moreOnly months after the new laws went into effect, the Canadian government is removing some limitations on foreigners acquiring residential
Read moreWith home sales on the rise, housing starts are also undergoing notable increases, even despite high interest rates. On Wednesday,
Read moreThe Canada Mortgage and Housing Corporation has issued regulations regarding the restriction on foreign homebuyers as the new real estate
Read moreThe Canada Mortgage and Housing Corporation (CMHC), the Crown corporation responsible for administering Canada’s National Housing Act, like any good
Read moreIt’s handy to imagine the housing market as a living organism. Various active systems perform their own, specific functions while
Read moreThe Canadian economy might be headed for a “mild recession” should the Bank of Canada hike the interest rate more
Read moreCanada’s housing market is expected to recede from the historic highs witnessed throughout 2021, as higher mortgage rates and home
Read moreCanada’s rental market continued to recover throughout 2021, as economic conditions improved and strong vaccination rates bolstered a partial rebound
Read moreCanadian housing starts posted another slight increase in May, rising by an annual pace of 3.2% from the month prior
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