Tag: Housing starts
Creeping mortgage rates are part of housing market's soft landing
By: The Super BrokerThe reports of the demise of Canada's housing sector appear to have been greatly exaggerated. According to the Royal LePage House Price Survey, housing prices across the country continue to post relatively modest gains, and home loans have been kept in check, leading to market stability. And, defying those who had predicted an imminent collapse, …
Canada's housing market to slowly rise by the end of 2013 and into 2014
By: The Super BrokerThe Canada Mortgage and Housing Corporation (CMHC) said that the housing market will pick up momentum in the later part of this year and into 2014. David George-Cosh said in a blog for The Wall Street Journal that if this prediction sounds familiar, it's because it's similar to the outlook of an agency report in February, but …
Canadian markets continue to see housing growth
By: The Super BrokerDespite indications of a housing cool down throughout the country, certain markets within Canada are continuing to see a boom in real estate activity.
Housing market holds steady despite cool-down
By: The Super BrokerWhile the CMHC’s outlook leaving 2012 and going into 2013 predicts declines in new home construction, existing home sales are forecasted to rise.
Gehry moves on huge condo project despite cooling market
By: The Super BrokerGehry, the man Vanity Fair once described as “the most important architect of our age,” has unveiled plans for a gargantuan condominium project in downtown Toronto.
Positive U.S. housing market could indicate great things for Canada
By: The Super BrokerIn a recent article, we addressed the fact that analysts and mortgage pros are a bit concerned by the state of Canada’s housing market and likened it to a “slow-motion version of what happened in the U.S.”
Canadian dollar, housing starts surpass economists' expectations
By: The Super BrokerIn wonderful news of the month, the Canadian dollar is up and recently closed at a 13-month high. Way to go, loonie!
Building permits down, new construction could slow
By: The Super BrokerCanada may soon experience a slight slowing in the housing market – a key indicator of market growth was down in April, which could mean fewer homes on the market in the coming months.
Canadians build quarter of a million new homes in April
By: The Super BrokerLike flowers blooming in the spring, the Canadian countryside has seen a veritable bouquet of new houses pop up in the last month.
New Brunswick records increased housing starts for February
By: The Super BrokerA recent report from the Canada Mortgage and Housing Corporation reveals that residential construction activity in New Brunswick’s urban centers increased in February.
