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CMHC had surprised markets on Tuesday by saying the central bank had indicated it would keep its key interest rate at 1.0 percent for the rest of 2012.
Canadian housing starts fell 11% in October, pulling back from the highest level in 2022 the month before, as groundbreaking decreased on multiple unit and single-family detached homes, data from ...
The seasonally adjusted annualized rate of housing starts rose to 253,468 units from a revised 223,176 units in January, the CMHC said. That was higher than the 230,000 expected by economists.
According to a recent Canada Mortgage and Housing Corporation report, Nova Scotia needs to double its pace of housing ...
Right now, young Canadians are feeling the worst effects of the government’s policies. The rate of youth unemployment stood at 8.2 at per cent at the beginning of 2020, but now it has risen to an ...
Ken How is trying to turn an abandoned rural Ontario school into affordable housing — a difficult task made harder, he says, by inaccurate rental data that puts federal funding out of reach."It's like ...
Builders began work on 271,198 homes last year, the highest since 1976 and second most in records back to 1955, according to data released on Tuesday by the Canada Mortgage and Housing Corp. Work ...
CMHC data showed half of first-time homebuyers completed renovations, which cost them about $27,700 on average. Atlantic Canada led the way with nearly three-quarters of first-time buyers ...
Housing starts in the Vancouver Census Metropolitan Area were relatively stable in September when compared with August, according to Canada Mortgage and Housing Corporation (CMHC) data released ...
The seasonally adjusted annualized rate of housing starts fell to 267,055 units from a revised 298,811 units in September, Canadian Mortgage and Housing Corporation (CMHC) data showed. Economists ...
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