CMHC Case Study Reviews by the Canadian Funding Corp.
Moishe Alexander, Canadian Funding Corp. – The Government of Canada and the Province of Nova Scotia today announced that social housing in the Halifax Regional Municipality (HRM) will receive $11.8 million for repairs and renovations, and an additional investment of $2.25 million for the construction of new housing for low-income seniors and people with disabilities. [...]
OTTAWA — Despite signs long-term mortgage rates are creeping up, the housing market is continuing is bounce back to life according to the Canadian Real Estate Association.
In June, 8.7% more homes were sold than in May. It’s the fifth straight month of increases — a 17.9% increase over June 2008.
“This rebound reflects the releasing of [...]
Canadian sales of existing homes rose for a fifth month in June, adding to evidence that record low borrowing costs are fueling housing demand.
Sales rose 8.7 percent to 41,304 homes from the previous month on a seasonally adjusted basis, the Canadian Real Estate Association said today in a statement from Ottawa. Average home prices rose [...]