The intentions and expectations of 3 types of homebuyers
The Canada Mortgage and Housing Corporation (CMHC) recently released the 2018 Prospective Home Buyer Survey results, which focuses on the buying intentions of three groups; first-time buyers, previous owners, and current owners. There are many
Toronto at risk of overvaluation despite slowed price growth
The Canada Mortgage and Housing Corporation (CMHC) released its Housing Market Assessment (HMA), announcing Canada’s housing markets as highly vulnerable for the sixth consecutive quarter, mostly due to strong evidence of overvaluation
Housing starts remain steady in December 2017
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for December 2017, announcing that new home construction remained stable. Last month, housing starts trended at 226,777 units, almost unchanged compared to
Foreign buyer share remains low and stable in Toronto
According to the Canada Mortgage and Housing Corporation (CMHC), based on data released by Statistics Canada, foreign homeownership (or non-residents ownership) in Canada remained low and stable in 2017. 17 Canadian Census Metropolitan
Low evidence of overbuilding in Toronto
The Canada Mortgage and Housing Corporation (CMHC) just released its housing starts report for November 2017, announcing a surge in multiple-unit construction, partially thanks to Toronto. The housing starts trend for all of Canada last
How can Ontario sustain a healthy rental vacancy rate?
The Canada Mortgage and Housing Corporation released the results of its Rental Market Survey, announcing a decline in the national average vacancy rate, offsetting two years of increases. The average vacancy rate of purpose-built (primary)
1.7 million Canadian households in inadequate housing
The Canada Mortgage and Housing Corporation (CMHC) and Statistics Canada released its core housing need report, announcing that 1.7 million households live in core housing need. Representing 12.7% of Canadian households, this housing need
New home construction staying steady through the fall
The CMHC released its October 2017 housing starts report, announcing that new home construction will remain steady through the fall.
