Michael Antczak | Real Estate Sales Representative Serving Vaughan, Kleinburg | RE/MAX Premier Inc., Brokerage | Real Estate Mike for All Your Real Estate Needs

CMHC News and Articles | My Blog

Among Canada's housing markets, Toronto remains the most 'puzzling'

10/10/2017 | Posted in Real Estate Market by Michael Antczak

canadian-money-houses-53.jpg - Real Estate News

Conventional economic factors including population, incomes and borrowing costs accounted for less than half of the 40% surge in Toronto home prices between 2010 and 2016, ... More


CMHC explores cutting red tape for self employed borrowers

10/2/2017 | Posted in Home Buyers by Michael Antczak

first-time-home-buyers-22.jpg - Real Estate News

The national housing agency is exploring ways to make it easier for entrepreneurs and new immigrants to buy a home by cutting some of the red tape required to prove they can ... More


8 in 10 mortgage holders have high credit scores

10/2/2017 | Posted in Mortgages and Real Estate by Michael Antczak

cmhc-news-7.jpg - Real Estate News

Individuals who take out a mortgage tend to have higher credit scores, according to a recent report by the Canada Mortgage Housing Corporation.

... More


Annual pace of housing starts in Canada sped up in August compared with July

9/11/2017 | Posted in Real Estate News by Michael Antczak

cmhc-reports-2.jpg - Real Estate News

Canada Mortgage and Housing Corp. says the annual pace of housing starts in August increased compared with July

... More


Insured mortgage market has decreased: CMHC

8/30/2017 | Posted in Mortgages and Real Estate by Michael Antczak

property-value-108.jpg - Real Estate News

The market for insured mortgages has decreased due to new regulations introduced at the end of 2016.

... More


New mortgage data released by CMHC

8/14/2017 | Posted in Mortgages and Real Estate by Michael Antczak

mortgage-cloud-44.jpg - Real Estate News

New mortgages continue to grow in Canada, according to a new report. There were just over 1 million new mortgage loans funded in Canada last year — up 1.4% ... More


Home construction picks up in July, driven by buildings, condos, CMHC says

8/10/2017 | Posted in New Developments by Michael Antczak

cmhc-reports-2.jpg - Real Estate News

The federal housing agency says home construction picked up last month. The annual pace of urban home construction increased by 5.5 per cent to 206,122 units, driven by a ... More


Refinancing is driver of new loans growth: CMHC

8/9/2017 | Posted in Mortgage News by Michael Antczak

contract-real-estate-mortgage-102.jpg - Real Estate News

The number of new mortgages continued higher in 2016 but the share of first-time buyers slipped, CMHC says. The crown corporation reports that there were just over 1 ... More


Toronto housing market downturn to be short-lived, federal housing agency says

7/27/2017 | Posted in Toronto Real Estate by Michael Antczak

real-estate-market-growth-125.jpg - Real Estate News

The recent downturn in Toronto's real estate market is expected to be brief, the federal housing agency said Wednesday.

... More


Housing starts picked up in June: CMHC

7/11/2017 | Posted in Real Estate Market by Michael Antczak

cmhc-reports-2.jpg - Real Estate News

Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada picked up in June.

... More


Mortgage delinquency rates low in Toronto, Vancouver despite high prices: CMHC

6/14/2017 | Posted in Mortgages and Real Estate by Michael Antczak

cmhc-news-7.jpg - Real Estate News

Mortgage delinquency rates were low in Toronto and Vancouver during the fourth quarter of 2016, despite hot housing markets that have sent prices soaring, according to a new ... More


Ontario new housing rules take a bite out of new construction numbers for country

6/9/2017 | Posted in Real Estate Market by Michael Antczak

cmhc-reports-2.jpg - Real Estate News

Canadian housing starts fell 8.6 per cent in May from April, a decline fuelled by a massive pullback in new home construction since Ontario moved to cool the housing market in ... More


Homebuyers who get family help report feeling less comfortable with their debt levels

6/7/2017 | Posted in Home Buyers by Michael Antczak

property-value-108.jpg - Real Estate News

Even after getting family help to make a down payment on a home, first-time buyers still worry about their financial situation, according to a new survey from ... More


CMHC insurance volumes plunged 41% after mortgage rules tightened

5/30/2017 | Posted in Mortgages and Real Estate by Michael Antczak

mortgage-rates---interest-rates-48.jpg - Real Estate News

Canada's housing agency saw a sharp decline in the number of home buyers who qualified for mortgage insurance under tougher rules implemented last fall.

... More


Canada housing starts jump to highest in almost a decade, beating expectations

4/10/2017 | Posted in Real Estate News by Michael Antczak

cmhc-reports-2.jpg - Real Estate News

The annual pace of housing starts increased more than expected in March and hit their highest level since September 2007. The Canada ... More


New home construction picks up, offering latest evidence of economic momentum

3/8/2017 | Posted in Real Estate News by Michael Antczak

cmhc-reports-2.jpg - Real Estate News

The pace of home construction in Canada picked up last month and a lot of the push came from Ontario, the federal housing agency said Wednesday, offering the latest evidence ... More


Canadian housing starts begin 2017 on a high, fuelled by Ontario

2/12/2017 | Posted in Real Estate News by Michael Antczak

cmhc-reports-2.jpg - Real Estate News

Canadian housing starts unexpectedly rose in January as Ontario saw a strong increase on ground breaking of new homes, suggesting home construction got off to a ... More


GTA house price 'spillover' driving up prices as far away as Sudbury, Ottawa: CMHC

1/29/2017 | Posted in Ontario Real Estate by Michael Antczak

sold-house-23.jpg - Real Estate News

CMHC data shows sky-high prices in the Greater Toronto Area are pushing homebuyers further afield. Spillover from the red-hot GTA real estate market is driving demand and ... More


Mortgage insurance premiums hiked once again

1/17/2017 | Posted in Mortgages and Real Estate by Michael Antczak

canadian-money-houses-53.jpg - Real Estate News

CMHC announced early Tuesday it is increasing its loan insurance premiums effective March 17.

... More


Foreign ownership of Canadian condos down from 2015: CMHC

12/7/2016 | Posted in Real Estate News by Michael Antczak

building-offices-100.jpg - Real Estate News

Foreign ownership of existing Canadian condominium units in Canada's three biggest cities has declined in 2016 compared with the previous two years, according to ... More


CMHC insured mortgages increase 26 per cent, home equity rises

11/30/2016 | Posted in Mortgages and Real Estate by Michael Antczak

cmhc-news-7.jpg - Real Estate News

Canada Mortgage and Housing Corp., the Crown corporation that controls about half of the mortgage default insurance market in the country, continues to shrink its ... More


Higher down payments could be on horizon: CMHC

11/26/2016 | Posted in Home Buyers by Michael Antczak

first-time-home-buyers-22.jpg - Real Estate News

The head of Canada Mortgage and Housing Corp. has opened the door to the possibility of increasing the minimum down payment needed to buy a house, though a change is not ... More


CMHC passes stress test extreme scenarios

11/17/2016 | Posted in Mortgage News by Michael Antczak

cmhc-news-7.jpg - Real Estate News

Canada Mortgage and Housing Corp. says its stress testing shows it will be able to withstand even the most extreme economic scenarios.

... More


Pace of housing starts slips in October compared with September: CMHC

11/8/2016 | Posted in Real Estate News by Michael Antczak

cmhc-reports-2.jpg - Real Estate News

Canada Mortgage and Housing Corp. says the pace of housing starts in October slowed compared with September.

... More


CMHC warns high house prices spreading to B.C., Ontario suburbs

10/27/2016 | Posted in Real Estate Market by Michael Antczak

cmhc-news-7.jpg - Real Estate News

Canada’s housing agency is warning that prices are soaring in smaller communities in British Columbia and Ontario as the real estate boom in Vancouver and Toronto spreads ... More


Ottawa reconsiders 'risk sharing' by mortgage lenders

8/16/2016 | Posted in Mortgage News by Michael Antczak

mortgage-rates---interest-rates-48.jpg - Real Estate News

The federal government may require banks and other mortgage lenders to pay a deductible to protect taxpayers from risky hot housing markets.

... More


Toronto condo construction boosts pace of housing starts: CMHC

7/12/2016 | Posted in Real Estate Market by Michael Antczak

condo-market-46.jpg - Real Estate News

Canada Mortgage and Housing Corp. says the pace of home construction picked up last month, boosted by work beginning on apartments in Ontario and especially condominiums in ... More


CMHC releases Q2 housing market outlook

5/19/2016 | Posted in Real Estate Market by Michael Antczak

cmhc-news-7.jpg - Real Estate News

The Crown Corporation released its long-term economic and housing forecast Wednesday morning. It expects housing starts to slowly decrease over the coming years.

... More


FOR SELLERS
Are you thinking of selling your property
and would like to know how much it can sell for?
Click here to get your property appraised for FREE!
FOR BUYERS
Thinking of buying a home or investment property?
Sign-up for FREE to get immediate access to listings
in your desired area as soon as they hit the market!
PROPERTY SEARCH IN GTA
Are you thinking of buying your first property,
downsizing, or looking to upgrade to bigger and better?
Click here to search through thousands of listings!