The vacancy rate for seniors’ residences decreased over the past year, reaching 8.1 per cent in 2015, compared to 8.7 per cent in 2014, according to the Seniors’ Housing Report – Canada Highlights released by Canada Mortgage and Housing Corporation. “As was the case in 2014, the increase in the total number of spaces for … Read more
The rental apartment vacancy rate(1) in Newfoundland and Labrador’s urban centres(2) was 3.5 per cent in April 2015, down from 4.3 per cent in April 2014 according to the Spring Rental Market Survey released today by Canada Mortgage and Housing Corporation. Call 902-426-6581. According to the Rental Market Survey conducted in the spring by Canada … Read more
The trend measure of housing starts in Canada was 181,231 units in May compared to 179,524 in April, 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 small increase in the trend was primarily driven by higher multiple … Read more
On behalf of Minister of State (Social Development) Candice Bergen (Portage-Lisgar, Man.), Conservative MP Ryan Leef (Yukon) and Yukon Minister responsible for Yukon Housing Corporation Stacey Hassard announced that both federal and territorial governments are jointly contributing $1.57 million towards improving housing for Yukoners. Call 403-515-2962.
According to CMHC’s second quarter 2015 Housing Market Outlook, Canada Edition1, housing markets will remain stable with housing starts moderating slightly in 2015 and 2016. There are, however, a number of risks and vulnerabilities that can affect the market outlook for Canada and each province. To account for these risks and vulnerabilities, CMHC produces forecast ranges for … Read more
“Provincially, residential construction activity trended lower during the month of April due to, in part, no multiples starts were recorded for the month in New Brunswick’s large urban centres,” said Claude Gautreau, senior market analyst with Canada Mortgage and Housing Corporation’s Atlantic Business Centre. CMHC released figures showing housing starts in New Brunswick were trending at … Read more
Canada Mortgage and Housing Corporation (CMHC) released its 2014 Annual Report. “I’m very proud of what we accomplished in 2014,” said Evan Siddall, president and chief executive officer. “Beginning with a new mission, to help Canadians meet their housing needs, we took steps in all our areas of business to ensure our operations are aligned with … Read more
Evan Siddall, president and CEO of Canada Mortgage and Housing Corporation (CMHC), spoke at the opening ceremonies of the Canadian Housing and Renewal Association’s 47th National Congress on Housing and Homelessness in Winnipeg, Man. Siddall explained the importance of reflecting on “why housing matters” and how it can be an effective tool to achieve broader social … Read more
The Canada Mortgage and Housing Corporation (CMHC) released its March 2015 Housing Starts in Canada. The trend measure of housing starts in Canada was 179,016 units in March compared to 180,236 in February. A trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. “Despite recent month-to-month changes in the SAAR, the … Read more
More seniors in Sundre will have access to affordable housing thanks to an investment of some $8.2 million by the Governments of Canada and Alberta. This joint funding will support the construction of 42 lodge units of a planned 103-unit seniors’ facility, which will replace the existing Foothills Retreat Lodge. The full release is available … Read more
