Tag: Housing starts
The 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, …
The 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 …
While the CMHC’s outlook leaving 2012 and going into 2013 predicts declines in new home construction, existing home sales are forecasted to rise.
Gehry, 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.
In 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.”
Canada 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.