By Mary Gazze, The Canadian Press Canada’s national housing agency says it expects the country’s real estate industry will remain healthy in the second half of the year, building on favourable economic conditions in the first six months of 2011 Canada Mortgage and Housing Corp. said Monday that there have been fewer claims under its [...]
CMHC’s Q3 2011 Housing Now report available HERE Some highlights of the report: Housing starts: After moderating progressively since the second quarter of 2010, housing starts have rebounded in the second quarter of 2011. They are expected to moderate again over the course of the next three quarters. Housing starts are forecast to be 183,200 [...]
In addition to the provincial and municipal rebates that you may be eligible for when you upgrade your home (windows, furnace, roof, etc...), you could also save on your mortgage default insurance premiums if you buy a green home or upgrade your current one?
As we round the corner from summer to fall, CMHC has once again produced their Housing Market Outlook for the most recent economic quarter. Included, as always are summary statistics of where we’ve been and where we’re expected to be headed in the coming months and short-term future. As mentioned previously, despite the more dramatic [...]
August 30, 2011