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CMHC Housing Supply Report

HIGHLIGHTS Total housing starts across the country’s 6 largest census metropolitan areas (CMAs) increased slightly in the first half of 2023. Significant changes were observed for individual dwelling types and CMAs. Notable strength in apartment starts offset declines in all other dwelling types (single-detached, semi-detached and row homes). Apartment starts were concentrated in Toronto and …

Housing Prices Set to Moderate in Coming Months

With renewed activity in the residential real estate market in recent months, the seasonally adjusted Teranet-National Bank composite index rose by 1.6% from July to August, the fourth consecutive monthly increase. As a result, the composite index is now just 2.1% below its all-time peak of April 2022, following a record cumulative decline of 8.6% …

October 2023 Newsletter

Safeguarding Your Mortgage: Cybersecurity Tips for Homebuyers October is Cybersecurity Awareness Month, and as your trusted mortgage broker, I want to share essential tips to help you protect your mortgage transactions and financial information from cyber threats. Confirm Communications: Phone Verification: Before sharing any financial details over the phone, verify the identity of the person …