Housing Starts to Rise

House prices will increase this year and next despite the challenges posed by higher mortgage rates, Canada Mortgage and Housing Corp. said Wednesday. An “improved balance between demand and supply” will stabilize prices through the rest of this year, it said in its...

Housing Starts Increase in August

According to the latest article from CMHC, housing starts have picked up the pace and are re-growing. The seasonally adjusted annual rate of housing starts increased to 150,400 units in August from 134,200 units in July, according to Canada Mortgage and Housing...