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Canada’s housing sector indicators, including prices, sales and home starts, aren’t expected to return to pre-COVID levels until at least the end of 2022, according to CMHC’s latest Spring Housing Outlook.
COVID-19 has dramatically changed the course of many industries and threatened the physical, mental and financial wellness of millions of Canadians.
Canada’s economy may prove surprisingly resilient in its recovery following the COVID-19 lockdown, according to Bank of Canada Governor Stephen Poloz. In his final press
The head of the Canada Mortgage and Housing Corporation delivered a particularly gloomy forecast while testifying remotely before the House of Commons Finance Committee on Tuesday.
This is one spot that no one wants to end up in: you’ve found the house you want, your offer has been accepted, but it all falls through because you don’t have financing in place. Lenders deny mortgage applications all the time, and it pushes would-be homeowners back to square one.
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