November's housing starts in the St. John's region increased according to preliminary data released by Canada Mortgage and Housing Corporation. November's housing starts totalled 207 units throughout the St. John's area compared to 155 units in November 2010. There were 14 additional starts recorded in urban centres outside the St. John's region, for a total … Read more
On behalf of Human Resources Minister Diane Finley (Haldimand-Norfolk, ON), Conservative MP James Rajotte (Edmonton-Leduc, AB) announced that lower income Albertans, including seniors and persons with disabilities in search of affordable housing in Leduc will have more housing options thanks to a $1.57 million joint investment for Connect Crossing and Leduc Terrace by the federal government … Read more
Alberta's housing markets will be discussed at Canada Mortgage and Housing Corporation's annual Calgary Housing Outlook Conference. The event, held at the BMO Centre, attracts over 400 housing industry representatives to hear CMHC experts present on economic, demographic, and other factors impacting Alberta's major housing markets; namely Calgary, Edmonton, Red Deer, Lethbridge and Medicine Hat. … Read more
On behalf of Human Resources Minister Diane Finley (Haldimand-Norfolk, ON), Parliamentary Secretary to the Minister of Justice Robert Goguen (Moncton-Riverview-Dieppe, NB) participated in the official opening of Habitation Saint-Joseph in Tracadie-Sheila, NB, which will provide twenty-five affordable housing units for low-income seniors and persons with disabilities. Funding in the amount of $800,000 was made available … Read more
Canada Mortgage and Housing Corporation presented its annual Housing Outlook Conference to about 1,000 industry professionals in Montreal, QC. Under the theme "A Broader Vision," the speakers addressed the state of the real estate market in the Montreal census metropolitan area and across the province and also presented an overview of current and future conditions … Read more
Canada Mortgage and Housing Corporation has launched its Premium Calculator, a new tool to support Canadian homebuyers. With this easy-to-use online calculator, potential homebuyers can quickly estimate mortgage insurance premiums allowing them to make better-informed home buying decisions. The launch of the new calculator coincides with the first ever Financial Literacy Month. The full release … Read more
Canada Mortgage and Housing Corporation presented its annual Housing Outlook Conference to nearly 500 industry professionals. Under the theme "A Broader Vision," the speakers talked about the real estate market across the country, across the province and in the Quebec census metropolitan area. They explained how the housing market in the area will evolve over … Read more
On behalf of Human Resources Minister Diane Finley (Haldimand-Norfolk, ON), Conservative Quebec Senator Andree Champagne and Quebec Minister of International Relations, Minister responsible for La Francophonie and Minister responsible for the Estrie region Monique Gagnon-Tremblay participated in the official opening of the Cooperative de solidarite en habitation La Grande Vie and the Cooperative de solidarite … Read more
On behalf of Human Resources Minister Diane Finley (Haldimand-Norfolk, ON), Fisheries and Oceans Minister Keith Ashfield (Fredericton, NB) announced a combined investment of close to $47 million under a new affordable housing agreement that will continue to reduce the number of households in housing need. The agreement comes as a result of the recently announced … Read more
The seasonally adjusted annual rate of housing starts was 207,600 units in October, according to Canada Mortgage and Housing Corporation. This is down from 208,800 units in September 2011. Deputy chief economist at CMHC's Market Analysis Centre Mathieu Laberge said housing starts posted a slight decline in October due to a decrease in single-detached starts … Read more
