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Stories Tagged - CMHC

Courtesy Hon Developments

Oct. 02, 2019 | Mario Toneguzzi

Despite oversupply, Calgary new-build condo market is moving in the right direction

For the past couple years, the Calgary condo market has been plagued by elevated inventory, but there has been some improvement in that area over the past year.

Let's look at some key stats that have defined the condo market so far this year in Calgary.

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Aug. 21, 2019 | Josh Skapin

Risky business: popularity of alternative mortgage lenders increased in 2018

A rising number of homebuyers in Canada are turning to alternative lenders for a mortgage, says the Canada Mortgage and Housing Corporation (CMHC).

Mortgage investment corporations (MICs) held between $13 and $14 billion of outstanding mortgages in Canada in 2018, capturing one per cent of the market share, according to a CMHC report.

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June 26, 2019 | Tyler Difley

POP QUIZ: Put your real estate knowledge to the test!

Think you're a real estate expert? Familiarity with the ins and outs of homebuying and home selling can give you an edge in the housing market and save you money. So let's put your knowledge to the test!

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June 26, 2019 | Mario Toneguzzi

Federal government shares new details about First-Time Buyer Incentive

The federal government is hailing its First-Time Buyer Incentive program as a golden opportunity for thousands of potential homebuyers across the country who are hoping to purchase their first property.

Cody Stuart / CREB®Now

April 10, 2019 | Jim Zang

Federal budget addresses housing affordability with first-time buyer incentive

Housing affordability was centre stage when the federal government announced the new First-Time Home Buyer Incentive program as part of their 2019 budget, and it promises to be a big campaign issue this fall.

Cody Stuart / CREB®Now

Feb. 13, 2019 | Mario Toneguzzi

Alberta politicians take aim at mortgage stress test

Alberta politicians at both the provincial and municipal level have recently spoken out against Canada's mortgage stress test.

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Jan. 02, 2019 | Barb Livingstone

What they said in 2018

Some of the city's housing market experts share their thoughts on Calgary real estate in 2018 and what might lie ahead.

CREB®Now Archive

July 18, 2018 | Mario Toneguzzi

Alberta bound

Net migration figures point to housing market bounce back

It's been a challenging year for Calgary's resale housing market, which is still feeling the effects of two recession years in 2015 and 2016.

While the economy has rebounded, it has been at a slow pace, and this has been evident in the real estate industry. As of the end of June, year-to-date MLS® System sales in the resale market totalled 8,553 units, down 17.1 per cent in the city compared with the same period a year ago.

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Feb. 28, 2018 | Mario Toneguzzi

Survey says

CMHC report includes interesting findings on prospective homebuyers

Many companies and organizations release survey results to the public regularly. Because there are so many reports to sort through and they are often self-serving, they often get ignored by the media.

However, every so often, interesting or significant findings fly under the radar, especially in the real estate industry.
A notable example of this was the recent 2018 Prospective Home Buyers Survey by the Canada Mortgage and Housing Corp (CMHC).

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