The Canadian government is allocating a $5 million repayable loan through the Shared Equity Mortgage Providers Fund to Ourboro Inc., which will fund shared equity mortgages for first-time homebuyers in the Greater Toronto Area and select communities across Ontario....
Canadian housing starts in April dipped by 1% from March, according to new data from the Canada Mortgage and Housing Corp. (CMHC). Last month’s seasonally adjusted annual rate (SAAR) of housing starts totaled 240,229 units last month, compared to 242,267 in March....
The trend in Canadian housing starts totaled 254,006 units in September, up 3.9% from 244,511 units in August, according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the monthly seasonally adjusted annual rate...
Peakhill Capital and Z Modular announced the closing of a $26 million deal to finance the construction of the first Canadian modular apartment project that will be insured by the Canada Mortgage & Housing Corp. (CMHC). The project, known as Fuze Lucan, is located...
The Canadian government is providing $107.5 million in low-interest loans through the Rental Construction Financing Initiative (RCFi) to build a 215-unit multifamily complex in Vancouver. The project is known as W42 and the government’s funding is part of a federal...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
