Canada Mortgage and Housing Corporation

The Canadian Press

The Canadian Press

Nov 18, 2024 | 8:21am
Canada Mortgage and Housing Corp. says the annual pace of housing starts in October rose eight per cent compared with September. The national housing agency says the seasonally adjusted annual rate of housing starts was 240,761 units in October, up from 223,391 in September. The increase came as the annual pace of urban housing starts […]
CMHC says annual pace of housing starts in May up 10% from April

CMHC says annual pace of housing starts in May up 10% from April

Jun 17, 2024 | 7:12am
Canada Mortgage and Housing Corp. says the annual pace of housing starts in May climbed 10 per cent compared with April, helped by gains in Montreal and Toronto. The housing agency says the seasonally adjusted annual rate of housing starts in May amounted to 264,506 units, up from 241,111 in April. The move came as […]
Canada to allow 30-year amortization for first-time buyers’ mortgages on new homes

Canada to allow 30-year amortization for first-time buyers’ mortgages on new homes

Apr 11, 2024 | 10:55am
The federal government will allow 30-year amortization periods on insured mortgages for first-time homebuyers purchasing newly built homes. Finance Minister Chrystia Freeland made the announcement in Toronto today, saying it would take effect Aug. 1.  The Canadian Home Builders’ Association has advocated for longer amortization periods, saying five more years would help with affordability and […]
CMHC says annual pace of housing starts in October up 1% from September

CMHC says annual pace of housing starts in October up 1% from September

Nov 16, 2023 | 9:11am
Canada Mortgage and Housing Corp. says the annual pace of housing starts for October ticked up from September. The national housing agency says the seasonally adjusted annual rate of housing starts in October came in at 274,681, up one per cent from 270,669 in September. The increase came as the pace of urban housing starts […]

Hot Sales Market for Houses Cooling Slightly

Aug 4, 2022 | 11:08am

  With the federal government trying to pump the brakes on inflation through interest rate hikes, housing sales remain pretty strong in Saskatchewan. “As expected, gains in lending rates are having some cooling impacts on the housing market causing consumers to seek out more affordable options.”  according to Chris Guérette, CEO of Saskatchewan Realtors Association. […]

Feds allocate nearly $8-million to help Regina secure more affordable housing

Jul 28, 2021 | 12:45pm

The City of Regina is receiving over $7-million in funding from the federal government to help provide housing for the city’s homeless. The $7.8-million, in addition to $1-million allocated by the City, will create 29 new affordable homes through the City’s Rapid Housing Initiative (RIH). Minister Responsible for the Canada Mortgage and Housing Corporation (CMHC) […]

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