Housing affordability will deteriorate unless we act soon: CMHC chief economist
The CMHC is worried housing affordability will deteriorate unless the country acts on supply challenges and other housing measures soon.
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Residential
Region’s annual rate of housing starts plummets in May, CMHC says
The annual pace of housing starts in Ottawa-Gatineau plummeted 71 per cent in May as new builds of condos, apartments and other types of multi-unit
May home sales, prices rise year over year as real estate market heats up
The Canadian Real Estate Association says home sales in May rose compared with the same month last year to post the first year-over-year sales increase
Ottawa home sales rise in May as realtors say bidding wars are back
Home sales in the capital rose six per cent last month from May 2022, the Ottawa Real Estate Board reported this week – and realtors
April’s national home sales up 11.3% from March: CREA
National home sales jumped by 11.3 per cent between March and April as the real estate market picked up again, but supply remained at a
Annual pace of housing starts in Ottawa-Gatineau rises slightly in April: CMHC
The national housing agency says the seasonally adjusted annual rate of housing starts for the fourth month of the year was 16,673 units, up six
High-profile athletes, execs coming to Ottawa feel pinch of fed’s foreign buyer ban
Pro athletes and senior executives trying to buy a home in Ottawa are among those being affected by the federal government’s foreign buyer ban, realtors
Minto Apartment REIT refinances mortgages as rising interest rates eat into cash flow
Minto Apartment REIT is refinancing hundreds of millions of dollars’ worth of mortgages as rising interest rates jack up the costs of servicing its debt
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