CMHC Moves to Increase Mortgage Insurance Premiums GREATER TORONTO – Aspiring homeowners looking to pay less than 20 per cent down may want to consider finishing their purchase before March 17, when…
CMHC Reports Drop in Foreign-Owned GTA Condos TORONTO – Although 2016 found the GTA under the microscope for its sky-high real estate prices, new numbers from the Canada Mortgage and Housing Corporation…
“Solar Shingles:” Coming Soon to a Home Near You? When famed innovator Elon Musk purchased the USA-based SolarCity earlier this year, it was hardly his first notable foray into sustainable tech. At the helm…
Hot Real Estate Market Driving Renovation Boom: CMHC OTTAWA – With Greater Toronto’s resale real estate market recording higher-than-ever average prices, Ontario’s home renovation market has continued to expand at an impressive pace…
Finance Canada Unveils New Measures to Protect Home Buyers OTTAWA – Just eight months after announcing a higher minimum down payment for properties with an asking price of more than $500,000, Finance Minister Bill…
CMHC Ups Refund for Green Home Owners OTTAWA – In Ontario, a mortgage insured by the Canada Mortgage and Housing Corporation (CMHC) has long been a popular option for first-time home buyers….
GTA Condos 3.3% Foreign-Owned: CMHC GREATER TORONTO – Looking to buy a GTA condo this year? You’re definitely not alone, but according to newly-released statistics, the majority of your competition…
Market Update: CMHC Ups Required Down Payment for High-Worth Homes TORONTO – Thanks to a new mortgage insurance change introduced by the Canada Mortgage and Housing Corporation (CMHC), Canadians looking to buy a high-value property…
Canadian Housing Starts Exceed End-of-Summer Expectations TORONTO – According to new figures from the Canada Mortgage and Housing Corporation (CMHC), nationwide housing starts experienced an unexpected boost last month – fuelled…
CMHC to Increase Insurance Premiums for Some Mortgages TORONTO – Effective June 1, 2015, home buyers planning to shell out a down-payment of 10 per cent or less will be facing slightly higher…