6/20/2023 | Posted in Mortgages and Real Estate by Stephen Gale
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Policymakers can take more concrete steps to alleviate consumer worries, national housing agency head says

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Real Estate & Mortgage News

  3/26/2020 | Posted in Mortgages and Real Estate by Stephen Gale
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Canada beefs up liquidity plan with expanded mortgage guarantee

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Real Estate & Mortgage News

  3/17/2020 | Posted in Canadian Economy and Housing Market by Stephen Gale
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The Canadian government has announced a further measure to mitigate the impact of the COVID-19 crisis and to help maintain stability in the financial system.

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Real Estate & Mortgage News

  2/10/2020 | Posted in Canadian Housing Market by Stephen Gale
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The national trend in housing starts essentially held steady in January.

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Real Estate & Mortgage News

  1/10/2020 | Posted in Canadian Housing Market by Stephen Gale
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There was a decline in the 6-month moving trend in Canadian housing starts in December.

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Real Estate & Mortgage News

  12/10/2019 | Posted in New Developments by Stephen Gale
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There were some slight increases but the 6-month trend was essentially unchanged

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Real Estate & Mortgage News

  10/9/2019 | Posted in Canadian Housing Market by Stephen Gale
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The pace of housing starts nationwide in September was considerably slower compared to the August output, according to new data from the Canada Mortgage and Housing Corp.

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Real Estate & Mortgage News

  8/19/2019 | Posted in Ontario Real Estate by Stephen Gale
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Real estate flipping in the Waterloo region is mostly committed by investors from the Greater Toronto Area, according to a new report by Canada Mortgage and Housing ... More

Real Estate & Mortgage News

  7/21/2019 | Posted in Mortgages and Real Estate by Stephen Gale
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The Bank of Canada's rate used by mortgage stress tests to determine whether would-be homeowners can qualify has dropped for the first time in three years.

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Real Estate & Mortgage News

  7/18/2019 | Posted in Mortgages and Real Estate by Stephen Gale
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The Ontario Real Estate Association is calling for less stringent mortgage rules in a rebuttal aimed at the head of the Canada Mortgage and Housing Corp.

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Real Estate & Mortgage News

  7/17/2019 | Posted in Mortgages and Real Estate by Stephen Gale
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An increasing number of homeowners turned to alternative lenders last year, while new mortgage growth reached its slowest pace in more than a quarter of a century amid ... More

Real Estate & Mortgage News

  6/18/2019 | Posted in First Time Home Buyers by Stephen Gale
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While more details about the First-Time Home Buyer Incentive were released this week, there remains a glaring problem.

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Real Estate & Mortgage News

  6/18/2019 | Posted in Home Buyers by Stephen Gale
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The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ... More

Real Estate & Mortgage News

  6/13/2019 | Posted in Home Buyers by Stephen Gale
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Three quarters of homebuyers in three of Canada's largest housing markets are not willing to take financial risks when buying a home, ... More

Real Estate & Mortgage News

  6/11/2019 | Posted in Canadian Housing Market by Stephen Gale
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The trend in housing starts was 201,983 units in May 2019, compared to 205,717 units in April 2019, according to Canada Mortgage and Housing Corporation (CMHC).

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Real Estate & Mortgage News

  5/23/2019 | Posted in Financial Health by Stephen Gale
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Canadian households continued to pile up debt in the fourth quarter of 2018 according to a new report from CMHC.

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Real Estate & Mortgage News

  5/9/2019 | Posted in Canadian Housing Market by Stephen Gale
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On the national level, the housing starts trend went up in April, according to the Canada Mortgage and Housing Corporation’s latest report.

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Real Estate & Mortgage News

  5/2/2019 | Posted in Canadian Housing Market by Stephen Gale
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For 1st time in 2.5 years, Canada Mortgage and Housing Corporation rates market as only moderately vulnerable

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Real Estate & Mortgage News

  4/4/2019 | Posted in Home Buyers by Stephen Gale
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Canada's housing agency says new spending measures aimed at helping first-time buyers afford homes won't push prices up more than a few tenths of a percentage ... More

Real Estate & Mortgage News

  3/19/2019 | Posted in Canadian Housing Market by Stephen Gale
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Budget offers an array of incentives aimed at first-time homebuyers, raises the limit on tax-free RRSP withdrawals.

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Real Estate & Mortgage News

  2/8/2019 | Posted in Canadian Housing Market by Stephen Gale
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The country’s overall real estate market remains “vulnerable” despite an easing in overvaluation in cities like Toronto and Victoria in the third quarter, ... More

Real Estate & Mortgage News

  12/17/2018 | Posted in Canadian Economy and Housing Market by Stephen Gale
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The prospect of interest rate hikes is particularly daunting for residents of Toronto and Vancouver—two cities with debt levels well above the national average.

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Real Estate & Mortgage News

  12/12/2018 | Posted in Canadian Housing Market by Stephen Gale
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The trend in housing starts was 210,038 units in November 2018, compared to 206,460 units in October 2018, according to Canada Mortgage and Housing Corporation ... More

Real Estate & Mortgage News

  11/30/2018 | Posted in Home Buyers by Stephen Gale
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CMHC has published its financial report for the third quarter of 2018 which also reveals insights into this year’s homebuyers.

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Real Estate & Mortgage News

  11/28/2018 | Posted in Rental Market by Stephen Gale
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Canada added 37,000 apartments this year, but demand rose by even more to 50,000 units.

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Real Estate & Mortgage News

  11/7/2018 | Posted in Canadian Housing Market Predictions by Stephen Gale
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Income, employment support demand for housing, but they're expected to slow, agency says. Rising mortgage rates are also expected to affect housing demand and the ... More

Real Estate & Mortgage News

  10/4/2018 | Posted in Home Buyers by Stephen Gale
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CMHC’s new guidelines that make it easier for self-employed borrowers to qualify for a mortgage came into effect on Oct 1.

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Real Estate & Mortgage News

  8/15/2018 | Posted in Mortgages and Real Estate by Stephen Gale
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There was a slight decline in the volume of new mortgage loans in 2017 according to an analysis of consumer credit data from CMHC.

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Real Estate & Mortgage News

  7/19/2018 | Posted in Home Buyers by Stephen Gale
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Canada Mortgage and Housing Corp. is making changes intended to make it easier for the self-employed to qualify for a mortgage

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Real Estate & Mortgage News

  7/10/2018 | Posted in Canadian Housing Market by Stephen Gale
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Canadian housing starts surged in June to one of the highest levels over the past decade, driven by new condominium developments in Toronto that reached a 30-year high for the ... More

Real Estate & Mortgage News
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