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...
View ArticleCanadian 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...
View ArticleNew $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...
View ArticleIs 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,...
View ArticleForecast 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...
View ArticleEnergy 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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