CMHC Case Study Reviews by the Canadian Funding Corp.
OTTAWA — Weaker home prices and lower borrowing costs are attracting buyers back into the housing market, according to a report Wednesday by RBC Economics.
“Declining costs of home ownership during the last year were driven by significant cuts in mortgage rates along with the federal government taking an active role in supporting the mortgage securities [...]
MONCTON, June 8 /CNW/ – According to Canada Mortgage and Housing Corporation’s (CMHC’s) preliminary data(1) released today, residential construction in May produced a total of 334 starts in New Brunswick’s urban centres compared to 481 units during the same period last year.
“Total urban starts for the month of May were down from last year’s monthly [...]
Atlantic Canada housing market strongest in ‘09
Updated Wed. Apr. 8 2009 6:40 PM ET
CTV.ca News Staff
A recession-cooled Canadian real estate market saw falling housing prices during the first quarter of the year, though the declines were not as steep as expected.
A quarterly house price survey, released Wednesday by Royal LePage Real Estate Services, showed national [...]