Canadian House Price Growth Remains Elevated: CMHC Reports

Posted on Posted in Burlington, Market Activity, Oakville, Video, Waterdown

OTTAWA, January 26, 2017 — Canada Mortgage and Housing Corporation (CMHC) is reporting strong overall evidence of problematic housing market conditions nationally for the second consecutive quarter due to overvaluation and price acceleration in Canada’s housing markets. This assessment largely accounts for market conditions in Vancouver and Toronto where strong price growth has been spreading […]

Most Canadian Housing Markets Overvalued, Price Growth to Slow Through 2018: CMHC Reports

Posted on Posted in Market Activity, Video

“OTTAWA, October 26, 2016 — Canada Mortgage and Housing Corporation (CMHC) is finding strong evidence of problematic conditions for Canada overall. Home prices have risen ahead of economic fundamentals such as personal disposable income and population growth, resulting in overvaluation in many Canadian housing markets. However, the combination of overvaluation and overbuilding should help slow […]