CMHC

Housing starts in Vancouver fall to lowest level since 2011: CMHC

Home construction is slowing down in British Columbia, with housing starts in Vancouver falling to their lowest level in more than five years, according to the latest data from Canada Mortgage and...

CMHC raises its overall risk rating for national housing market to strong

There is growing evidence of risk in the country's real estate markets as home prices have climbed faster than income and population growth, a report by Canada's federal housing agency says. Canada...

CMHC raises red flag about housing, cites spillover from Toronto, Vancouver

The head of the federal housing agency is raising a red flag about the state of Canada's real estate sector, saying affordability concerns have spilled over from the country's two most expensive...

Evidence of overvalued home prices grows in a number of markets: CMHC

There is mounting evidence that house prices in a number of Canadian cities — including Vancouver, Saskatoon and Hamilton — are out of whack with incomes and other economic fundamentals, according to...

You're poorer than you think

When we purchased a house in Kelowna a few years ago, I was amazed at the lightning speed with which banks would extend my line of credit. True, the provincially assessed value of the house did...

Mulcair announces NDP strategy to invest in co-op housing

Speaking to press at the downtown Woodward’s building, the NDP leadership frontrunner announced his party’s plan to prioritize affordable housing.

Home Front: Canada's housing markets keep a steady pace

Canada's housing markets are forecast to remain steady for another two years, according to a new report released on Monday. The national housing agency, Canada Mortgage and Housing Corporation (...

We're a little less house-poor than last year

Canadians are putting more down, taking out less-risky mortgages.