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Canadian Housing Starts Trend Held Steady in February

OTTAWA, March 8, 2016 — The trend measure of housing starts in Canada was 198,880 units in February compared to 199,107 in January, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

“The national housing starts trend held […]

By |March 8th, 2016|National News|Comments Off on Canadian Housing Starts Trend Held Steady in February|

Canadian home sales rebound in January

Ottawa, ON, February 16, 2016 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales rebounded in January 2016 compared to the previous month.
Highlights:

National home sales edged up by 0.5% from December to January
Actual (not seasonally adjusted) activity was up 8% compared to January 2015.
The number of newly […]

By |February 12th, 2016|National News|Comments Off on Canadian home sales rebound in January|

Canadian Housing Starts Trend Lower in January

OTTAWA, February 5, 2016 — The trend measure of housing starts in Canada was 199,169 units in January compared to 203,304 in December, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

“Housing starts trended down across the […]

By |February 5th, 2016|National News|Comments Off on Canadian Housing Starts Trend Lower in January|

CMHC Releases its 2016 Q1 Housing Market Assessment Report for Canada and 15 Markets

OTTAWA, January 27, 2016 — Canada Mortgage and Housing Corporation’s (CMHC) latest Housing Market Assessment (HMA) 2016 Q1 reports moderate evidence of overvaluation in housing markets across the country. Broken down across the 15 centres covered by the HMA, overvaluation and overbuilding are the most prevalent problematic conditions with overvaluation detected in eight centres and overbuilding […]

By |January 27th, 2016|National News|Comments Off on CMHC Releases its 2016 Q1 Housing Market Assessment Report for Canada and 15 Markets|

Canadian home sales edge lower in December

Ottawa, ON, January 15, 2016 -According to statistics released today by The Canadian Real Estate Association (CREA), national home sales edged lower in December 2015 compared to the previous month, but held above year-ago levels.
Highlights:

National home sales edged back by 0.6% from November to December.
Actual (not seasonally adjusted) activity was up 10% compared to […]

By |January 14th, 2016|National News|Comments Off on Canadian home sales edge lower in December|

Trend in Canadian Housing Starts Declined in December While Total Starts Increased in 2015

OTTAWA, January 11, 2016 —The trend measure of housing starts in Canada was 203,502 units in December compared to 208,204 in November, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

“A decrease in both the multiple and […]

By |January 11th, 2016|National News|Comments Off on Trend in Canadian Housing Starts Declined in December While Total Starts Increased in 2015|