Tag: Canada Mortgage and Housing Corporation
Work starts on unique $100M apartment project in London’s Old East Village
Unique housing project in Old East Village aims to build much-needed affordable homes for newcomers and low-income Londoners alike. Â
More Londoners falling behind on mortgage payments: CMHC
The number of Londoners behind on mortgage payments has tripled during the past two years, reaching rates not seen since 2017.
Trailblazer who helped start one of Canada’s first women’s shelters dies at 78
Trailblazing feminist Lee Lakeman â who established in 1970s Oxford County one of the first domestic abuse shelters in Canada â has died.
‘Bit of relief’ for London renters as city’s vacancy rate jumps: Analyst
A large number of new rental units hitting the local market has led to Londonâs vacancy rate jumping to one of its highest levels in a decade.
Housing starts in London region forecast to fall in 2025
The number of housing starts in the London region is expected to drop in 2025 as fewer apartment towers will get built next year, the head of the regionâs home builders association said Monday. Â
Group makes push for more nonmarket affordable housing in Owen Sound
An organization with a priority of seeing more affordable housing available in the area has asked for Owen Sound’s support as it works to tackle the issue. Representatives of the Institute of Southern Georgian Bay and their Owen Sound table on community housing were at city council on Monday where they outlined the innovative ways being […]
London area housing starts triple in August, third best in province
The number of housing starts in the London area more than tripled in August compared to the same month last year, an indication economic conditions are on the upswing, both the mayor and an organization representing builders say. Construction began last month on 470 units in the London census metropolitan area (CMA), which includes St. […]
Snaith: Will new mortgage rules help more young Canadians buy homes?
Stuart Snaith, University of Victoria In a bid to address Canadaâs housing crisis, Deputy Prime Minister and Finance Minister Chrystia Freeland announced new changes to mortgage rules on Sept. 16, set to take effect in December, aimed at making housing more affordable. The first major change is an increase in the price cap for insured […]
London mortgage delinquencies double, more headwinds loom
The number of Londoners behind on their mortgage payments has doubled in the the past two years, as the burden of higher interest rates overwhelms some homeowners.