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News about CMHC

Stay current with all the latest and breaking news about CMHC, compare headlines and perspectives between news sources on stories happening today. In total, 38stories have been published about CMHC which Ground News has aggregated in the past 3 months.

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Top CMHC News

Condo Sales, Construction Crater in Canada’s Two Biggest Markets, Data Show

Condo Sales, Construction Crater in Canada’s Two Biggest Markets, Data Show

54% Left coverage: 13 sources

Condominium sales in Canada’s two major markets continue to fall, leading to increasing supply and the cancellation of dozens of condo projects, despite a nationwide push to dramatically increase the construction of new homes.See the Story

Annual Pace of Housing Starts in May Down 0.2 per Cent: CMHC

Annual Pace of Housing Starts in May Down 0.2 per Cent: CMHC

75% Left coverage: 8 sources

Canada Mortgage and Housing Corp. says the annual pace of housing starts in May edged down 0.2 per cent compared with April. The national housing agency says the seasonally adjusted annual rate of housing starts was 279,510 units in May compared with 280,181 in April. The result came as annual pace ...See the Story

Ontario Needs over 2 Million Homes by 2035, CMHC Says

Housing · Ontario

Ontario Needs over 2 Million Homes by 2035, CMHC Says

Coverage: 2 sources

A CMHC report suggests the pace of housing construction needs to double across Canada to reach affordability levels last seen in 2019 See the Story

Restoring Canada's previous housing affordability levels isn't realistic: CMHC

100% Left coverage: 1 sources

Canada must nearly double current annual housing starts to address the country’s deepening housing affordability crisis, according to CMHC.CMHC · Ontario See the Story

Does Ontario need to build more than 2 million homes over the next decade?

Coverage: 2 sources

Ontario’s target of building 1.5 million homes by 2031 may not be enough to meet demand, civil servants have told the province’s new municipal affairs minister, saying that 2.1 million homes could instead be needed to improve affordability.CMHC · Kitchener See the Story

Costs to Rent Single Rooms for Accommodation Have Jumped Since Pandemic, Statscan Data Show

100% Center coverage: 1 sources

Prices in smaller urban centres are nearing the levels seen in the country’s most expensive real estate marketsPandemic · Canada Read Article

Underfunded Trades Training Undermines Housing Supply - Victoria Residential Builders Association

CMHC says up to 4.8 million new homes will be needed over the next decade to achieve affordability. This translates into 430,000 to 480,000 new homes annually. Currently, 245,000 starts per year are projected. CMHC reports the increased numbers are possible if Canada adopts a “larger & modernized workforce, more private investment, less regulation, fewer delays & lower development costs.” We often advocate for encouraging investment and housing …CMHC · Victoria Read Article

Calgary's record housing starts fall short of restoring pre-pandemic affordability: CMHC

100% Left coverage: 1 sources

Calgary is breaking records when it comes to building new homes, but a new report says the city is still a long way from returning to pre-pandemic affordability levels.CMHC · Alberta See the Story

CMHC gives up on goal to reduce prices to 2004 levels, the Home of the Week and more top real estate stories

100% Center coverage: 1 sources

Plus, this week’s lowest fixed and variable mortgage rates in CanadaCMHC · Canada Read Article

Calgary needs 45 per cent more housing annually: CMHC

100% Right coverage: 1 sources

Despite a surge in housing construction in the past few years, Calgary needs to increase its annual production, according to a new report.Housing · Calgary Read Article

CMHC Gives up on Comparing Housing Affordability to 2004 Levels

100% Center coverage: 1 sources

2019 will now be used by the national agency as a more realistic benchmark for housingCMHC · Canada Read Article

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