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Despite all the recent media attention regarding the ‘Mortgage Meltdown’ in the United States, the vast majority of Canadian mortgage holders continue to be well served by the mortgage industry here. That’s just one of several reassuring findings of a recent consumer study by the Canada Mortgage and Housing Corporation ...
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According to real estate industry sources, the national average house price in Canada is expected to continue to rise this year and through 2009. Both the Canadian Real Estate Association (CREA) and Canada Mortgage and Housing Corporation (CMHC) have predicted that house prices will climb to new records in major markets all across the ...
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Real estate industry insiders have long known that new construction is one of the best indicators of coming market conditions. According to The Canada Mortgage and Housing Corporation (CMHC), we’ve just come out of a near record year, with strong market conditions continuing for 2008. Annual housing starts for 2007 are estimated ...
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