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CMHC forecasts home building will increase next year

CMHC forecasts home building will increase next year

The Canada Mortgage and Housing Corporation says the number of new homes being constructed has slowed this year, and that won't change much through the tail end of the year. But the housing agency says the pace will pick up once the economy …
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Canada Mortgage Trims Home-Starts Call on Slower Economy

The number of starts will drop 15 percent to 182,900 units, Canada Mortgage & Housing Corp. said in a report today from Ottawa, down from a May 6 forecast of 190,300 units. Construction will increase 3.3 percent in 2014 to 188,900 units, also less than …
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CMHC Trims Housing-Starts Forecast

Canada Mortgage and Housing Corporation, the government-owned provider of Canadian mortgage insurance, said Tuesday that it expects national housing starts to be lower in 2013 than last year, and to rebound “modestly” in 2014. Sound familiar?
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