2012 Observer examines important housing highlights
Tagged: Canada Mortgage and Housing Corporation
Secondary suites continue to be an affordable housing option for Metro Vancouver area residents, benefitting home owners as mortgage helpers and tenants as a less expensive roof over their heads.
Pace of condo presales slows, but numbers remaining high in Metro Vancouver – Greater Vancouver Real Estate News July 2012
The number of new concrete condos launched in Metro Vancouver has been strong for the first six months of 2012, but not nearly as strong as earlier forecasts.
The seasonally adjusted annual rate of housing starts was 201,100 units in February, according to Canada Mortgage and Housing Corporation (CMHC).
Housing-related spending accounts for more than 20 per cent of Canadaâ€™s Gross Domestic Product, contributing about $330 billion to the Canadian economy in 2010
Housing starts in British Columbia are forecast to increase in 2012
Housing market information originating from the Multiple Listing Service (MLS) has long been recognized as the most reliable and comprehensive data available for those looking to buy or sell a home.
Metro Vancouver’s housing market remained balanced in January amid growing signs of a strong sellers’ market returning with high demand in larger centres.