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Forget rate relief: Most Canadians are about to see their mortgage interest payments soar

Renewing borrowers face a much higher interest rate environment, even if the Bank of Canada cuts rates later this year ....

Tania Bourassa Ochoa , Housing Corp , Log Increate Free , Mortgage Professionals , Canada Mortgage , Bank Of Canada ,

Canadian housing starts expected to decline for third straight year in 2024, CMHC says

The agency’s latest housing market outlook report also says housing starts in Canada are expected to decline this year before recovering in 2025 and 2026 ....

Housing Corporation , Log Increate Free , Canadian Mortgage , Housing Market Outlook , Canada Mortgage And Housing Corp ,

Home prices could reach peak levels by next year, set new highs in 2026, CMHC report shows

The CMHC said affordability in the home ownership market will also be a concern for the next three years, as declining mortgage rates and the country’s strongest population growth since the 1950s will likely spur a rebound in home sales and prices ....

Prairie Provinces , Bob Dugan , Housing Corp , Log Increate Free , Canada Mortgage ,

CMHC forecast underestimates population rise and housing need, economist warns

The CMHC estimated in September that by 2030 an additional 3.5 million homes would be needed to meet demand, on top of what is already being built, but that assessment is ‘already obsolete,’ the CIBC report says ....

United Kingdom , Marc Miller , Henry Lotin , Housing Corporation , Log Increate Free , Canada Mortgage , Benjamin Tal , Statistics Canada , Aled Ab Iorwerth , Minister Marc Miller , Integrative Economics , British Columbia ,