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Showing posts from June, 2017

Building hope through safe affordable housing in St. John's

June 30, 2017
by via CMHC News Releases — All Releases

24 new affordable housing units, including 10 for people with reduced mobility, in Montmagny

June 29, 2017
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CMHC declares special dividend

June 29, 2017
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How to prepare your home for selling

Preparing your home for selling includes decluttering, painting, cleaning up the garden. This will give you a significant leg up when it comes time to list.

Celebrating new affordable rental housing in Niagara region

June 27, 2017
by via CMHC News Releases — All Releases

Governments of Canada and Saskatchewan team up with Habitat for Humanity to build a home in Yorkton

June 27, 2017
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Governments of Canada and Ontario celebrate affordable housing in Waterloo Region

June 26, 2017
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Governments invest in historic Habitat for Humanity project to celebrate Canada 150

June 26, 2017
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Home equity lines of credit (HELOC) may put some Canadians at risk of over-borrowing, Home equity lines of credit (HELOC) may put some Canadians at risk of over-borrowing, according to a report released today by the Financial Consumer Agency of Canada (FCAC). to a report released today by the Financial Consumer Agency of Canada (FCAC).

The report, titled Home Equity Lines of Credit: Market Trends and Consumer Issues, centers on the use of HELOCs by consumers, on how banks offer them and the benefits and risks of borrowing against home equity. Readvanceable mortgages are complex. The report found that many consumers would benefit from more and clearer information about how readvanceable mortgages work, the applicable fees, terms and conditions, and the risks potentially involved. Providing consumers with more resources would put them in a position to make informed decisions about whether to finance their home purchases with readvanceable mortgages. 

TREB prepares to update its 2017 market forecast on July 6.

TREB prepares to update its 2017 market forecast on July 6.

New housing project for seniors opens in Saskatoon

June 22, 2017
by via CMHC News Releases — All Releases

Northern Housing Report 2017

June 22, 2017
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Foreign buyers in Montréal: limited in number, but increasing

June 22, 2017
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A couple months of listings increasing in the Greater Toronto Area (GTA) resale market

And a drop in sales.

The Governements of Canada and Quebec support the construction of affordable housing for Indigenous families in Val-d'Or

June 21, 2017
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New affordable rental homes for Indigenous peoples in Hamilton

June 21, 2017
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Governments of Canada and Ontario celebrate affordable housing in Brantford and Simcoe

June 19, 2017
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Groundbreaking for affordable seniors housing in Vermilion

June 19, 2017
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Low-Ratio Mortgage Borrowers

A low-ratio mortgage borrower is a Canadian term describing people that have a significant down payment when buying a home.

Canada is a nation of homeowners

Nearly 70 per cent of households own their dwelling.

The ratio of Toronto sales to new listings slumped to 41 per cent in May, according to Canadian Real Estate Association data Thursday.

It's the lowest since 2008 and near the bottom of the range for what economists generally consider a balanced market.

New seniors' complex provides safe, affordable housing in Russell

June 16, 2017
by via CMHC News Releases — All Releases

On average, 4.4 million Canadians move to a new home annually

Approximately 1.46 million families in search of moving companies, packing supplies, and extra hands.

CMHC investigates consumer credit data for key insights into the mortgage market

June 13, 2017
by via CMHC News Releases — All Releases

Ratio of sales to new home listings is falling

It indicates that a decline in prices is on the way.

Home sales have slumped.

Usually, prices follow sales

Federal and provincial governments support housing projects in Northern Saskatchewan

June 12, 2017
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The federal government invests in social housing in Quebec City

June 8, 2017
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Canadian housing starts trend increased in May

June 08, 2017
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Federal and provincial governments support Oxford House Society in Regina

June 06, 2017
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CMHC survey provides insight into mortgage consumers

June 6, 2017
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Residential property sales in Greater Toronto plunged 20% in May year-over-year to 10,196 homes

According to the Toronto Real Estate Board (TREB), sales of condos dropping 6.4% and sales of detached homes plunging 26.3%.

Two habitat for humanity homes under construction in Prince Albert

June 05, 2017
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Launch of a housing project at the Centre Mechtilde in Gatineau

June 5, 2017
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Nearly $10 million in major renovations to improve the quality of life of tenants at Habitations Plamondon

June 2, 2017
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Construction of 20 affordable housing units for persons with disabilities in Coaticook

June 2, 2017
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Interest rate hike by the US Federal Reserve in two weeks

A strong government payrolls report on Friday that includes hiring in both public and private sectors, which would cement expectations for an interest rate hike by the US Federal Reserve in two weeks.

It may be the only one offer you receive

If you are lucky enough to get an offer on your house on the first day or within the first few days that it's on the market, consider it seriously because this may be the only one you receive.

Many house deals are dying

Many house deals are dying because lenders are not willing to cover the difference between the perceived value and the amount the buyer paid to beat out all of competitors vying for the house.

Antigonish Affordable Housing Society receives financial support for new affordable housing units

June 1, 2017
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