Canadian Mortgage News for April 30, 2024

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Canadian GDP Growth Hits Half The Estimate, Previous Data Revised Lower

Source: Better Dwelling
Existing mortgage borrowers have significantly smaller mortgages, thus they helped provide a drag on the average. On the upside, existing borrowers …


More new homes being built in N.S. this year than any 1st quarter since the 1940s

Source: CBC
… Canada Mortgage and Housing Corporation’s market insights team. “And I think that HST rebate is quite a factor,” he said, because the province …


Cottage prices expected to rise with owners in no rush to sell: ReMax

Source: Yahoo Finance Canada
Why Canadian mortgage rates may be stealthily heading higher · Has the great Toronto condo boom finally hit a wall? In Atlantic Canada, many regions …


Social and affordable housing units for seniors to be built in Drummondville

Source: CMHC
As Canada’s authority on housing, Canada Mortgage and Housing … Canadian government, consumers and the housing industry. CMHC’s aim is that by …