Canadian Real Estate News
News topics that relate to all Canadians and offer a glimpse into the overall market conditions trending in Canada.
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 […]
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 […]
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 […]
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 […]
