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News: May 2011 Housing Starts
The seasonally adjusted annual rate1 of housing starts was 183,600 units in May, according to Canada Mortgage and Housing Corporation (CMHC). This is up from 178,700 units in April 2011. Continue reading
Good News: Canadian Housing Market Stabilizing in 2011
Housing starts will be in the range of 166,600 to 192,200 units in 2011, with a point forecast of 179,500 units. In 2012, housing starts will be in the range of 163,200 to 207,500 units, with a point forecast of 185,300 units. Continue reading
Posted in Canadian Mortgage, CMHC Articles, Mortgage Articles, Ontario Mortgage Amortization
Tagged CMHC, mortgage, Ontario
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