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Canadian Housing Mortgage Giant Scrutinized

The Vancouver Sun reports the role of the Canada Mortgage and Housing Corporation (CMHC) has been reviewed by the CD Howe Institute, Fraser Institute and the Macdonald-Laurier Institute.   Each...

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Canadian housing market: Sound or a bubble set to burst?

CTV reports the debate in Canadian housing circles about the soundness of the housing market. Is there a U.S. style housing bubble?  The signals are mixed, according to experts. Prices in Vancouver...

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New $1.5 million modular development for B.C. seniors opened

The Ministry of Energy and Mines along with the Canada Mortgage and Housing Corporation (CMHC) announced the recent opening of a new, modular affordable housing project.  Located in 100 Mile House is...

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Is Canada at Risk for a Housing Crisis?

From Bloomberg, MHProNews.com finds that mortgage defaults are on the rise in Canada. Canada Mortgage & Housing Corp. (CMHC) defaults have soared nine-fold in 20 years, the business paper says,...

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Forecast Slows, says Canada Mortgage and Housing Corp

GlobeMail tells MHProNews that Canada Mortgage and Housing Corp (CMHC). is forecasting a moderate slowdown in new-home construction starts as well as sales of existing housing. CMHC states that housing...

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Energy Development Driving Growth in Canada

Stockhouse tells MHProNews the Canada Mortgage and Housing Corporation (CMHC) says the outlook for average rental apartment vacancies is not expect to change from the second quarter forecast of 2.2%...

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