6/19/2019 | Posted in First Time Home Buyers by Michael Antczak
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While more details about the First-Time Home Buyer Incentive were released this week, there remains a glaring problem. ... More

Real Estate & Mortgage News

  6/18/2019 | Posted in Home Buyers by Michael Antczak
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The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ... More

Real Estate & Mortgage News

  6/13/2019 | Posted in Home Buyers by Michael Antczak
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Three quarters of homebuyers in three of Canada's largest housing markets are not willing to take financial risks when buying a home, ... More

Real Estate & Mortgage News

  6/11/2019 | Posted in Canadian Housing Market by Michael Antczak
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The trend in housing starts was 201,983 units in May 2019, compared to 205,717 units in April 2019, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

  5/23/2019 | Posted in Financial Health by Michael Antczak
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Canadian households continued to pile up debt in the fourth quarter of 2018 according to a new report from CMHC. ... More

Real Estate & Mortgage News

  5/9/2019 | Posted in Canadian Housing Market by Michael Antczak
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On the national level, the housing starts trend went up in April, according to the Canada Mortgage and Housing Corporation’s latest report. ... More

Real Estate & Mortgage News

  5/2/2019 | Posted in Canadian Housing Market by Michael Antczak
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For 1st time in 2.5 years, Canada Mortgage and Housing Corporation rates market as only moderately vulnerable ... More

Real Estate & Mortgage News

  4/4/2019 | Posted in Home Buyers by Michael Antczak
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Canada's housing agency says new spending measures aimed at helping first-time buyers afford homes won't push prices up more than a few tenths of a percentage point. ... More

Real Estate & Mortgage News

  3/19/2019 | Posted in Canadian Housing Market by Michael Antczak
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Budget offers an array of incentives aimed at first-time homebuyers, raises the limit on tax-free RRSP withdrawals. ... More

Real Estate & Mortgage News

  2/8/2019 | Posted in Canadian Housing Market by Michael Antczak
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The country’s overall real estate market remains “vulnerable” despite an easing in overvaluation in cities like Toronto and Victoria in the third quarter, ... More

Real Estate & Mortgage News

  12/17/2018 | Posted in Canadian Economy and Housing Market by Michael Antczak
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The prospect of interest rate hikes is particularly daunting for residents of Toronto and Vancouver—two cities with debt levels well above the national average. ... More

Real Estate & Mortgage News

  12/12/2018 | Posted in Canadian Housing Market by Michael Antczak
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The trend in housing starts was 210,038 units in November 2018, compared to 206,460 units in October 2018, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

  11/30/2018 | Posted in Home Buyers by Michael Antczak
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CMHC has published its financial report for the third quarter of 2018 which also reveals insights into this year’s homebuyers. ... More

Real Estate & Mortgage News

  11/28/2018 | Posted in Rental Market by Michael Antczak
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Canada added 37,000 apartments this year, but demand rose by even more to 50,000 units. ... More

Real Estate & Mortgage News

  11/7/2018 | Posted in Canadian Housing Market Predictions by Michael Antczak
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Income, employment support demand for housing, but they're expected to slow, agency says. Rising mortgage rates are also expected to affect housing demand and the resale ... More

Real Estate & Mortgage News

  10/4/2018 | Posted in Home Buyers by Michael Antczak
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CMHC’s new guidelines that make it easier for self-employed borrowers to qualify for a mortgage came into effect on Oct 1. ... More

Real Estate & Mortgage News

  8/15/2018 | Posted in Mortgages and Real Estate by Michael Antczak
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There was a slight decline in the volume of new mortgage loans in 2017 according to an analysis of consumer credit data from CMHC. ... More

Real Estate & Mortgage News

  7/19/2018 | Posted in Home Buyers by Michael Antczak
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Canada Mortgage and Housing Corp. is making changes intended to make it easier for the self-employed to qualify for a mortgage ... More

Real Estate & Mortgage News

  7/10/2018 | Posted in Canadian Housing Market by Michael Antczak
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Canadian housing starts surged in June to one of the highest levels over the past decade, driven by new condominium developments in Toronto that reached a 30-year high for the ... More

Real Estate & Mortgage News

  7/4/2018 | Posted in Foreign Buyers by Michael Antczak
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Foreign ownership, speculation perceived to be the most influential factors according to a recent report by CMHC. ... More

Real Estate & Mortgage News

  6/8/2018 | Posted in Canadian Housing Market by Michael Antczak
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The trend in housing starts was 216,362 units in May 2018, compared to 225,481 units in April 2018, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

  5/8/2018 | Posted in Canadian Housing Market by Michael Antczak
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The trend in housing starts was 225,696 units in April 2018, compared to 226,942 units in March 2018, according to Canada Mortgage and Housing Corporation (CMHC). This trend ... More

Real Estate & Mortgage News

  4/26/2018 | Posted in Canadian Housing Market by Michael Antczak
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Canada's housing market overall remains highly vulnerable for the seventh consecutive quarter mainly due to evidence of overvaluation and price acceleration observed in Census ... More

Real Estate & Mortgage News

  4/10/2018 | Posted in Canadian Housing Market by Michael Antczak
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The trend in housing starts was 226,842 units in March 2018, compared to 225,804 units in February 2018, according to Canada Mortgage and Housing Corporation (CMHC). This ... More

Real Estate & Mortgage News

  3/9/2018 | Posted in Canadian Housing Market by Michael Antczak
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Toronto and Vancouver’s real estate markets have responded to surging prices and a growing demand for homes with a supply of new housing that is “significantly weaker ... More

Real Estate & Mortgage News

  2/8/2018 | Posted in Real Estate Market by Michael Antczak
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New Canadian home prices stalled for the first time in almost three years, another signal that the boom in Toronto has been slowed by higher interest rates and tougher rules for ... More

Real Estate & Mortgage News

  1/9/2018 | Posted in Canadian Housing Market by Michael Antczak
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The trend in housing starts was 226,777 units in December 2017, compared to 226,178 units in November 2017, according to Canada Mortgage and Housing Corporation (CMHC). This trend ... More

Real Estate & Mortgage News

  12/10/2017 | Posted in New Developments by Michael Antczak
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Canada Mortgage and Housing Corp. says the pace of housing starts picked up in November, with condo building in Toronto driving the trend.   ... More

Real Estate & Mortgage News

  11/16/2017 | Posted in Mortgages and Real Estate by Michael Antczak
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Canada’s housing agency is seeking more data on home loans from shadow lenders, amid concern rising levels of debt aren’t being adequately tracked and may increase the ... More

Real Estate & Mortgage News

  10/27/2017 | Posted in Real Estate Market by Michael Antczak
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Moderate overvaluation and price acceleration continue to concern the CMHC which said Thursday that the Canadian housing market remains “highly vulnerable”. ... More

Real Estate & Mortgage News