Mortgage Information

TORONTO, Ontario, June 22, 2010 — The Ontario economy has pulled out of recession as the auto sector is rebounding and domestic demand, led by housing, is gaining strength, according to the Provincial Outlook report by BMO Capital Markets Economics. But the recession left a deep dent in Ontario’s economy, and a number of factors will likely temper growth in the coming years: a …

Source:
Ontario Out of Recession, But Road Back to Balanced Budget Will Be Tough: BMO

TORONTO, Ontario, May 31, 2010 — Almost half of Canadians considering buying a recreational property will do so to improve their lifestyle, despite concerns about increasing taxes, rising interest rates and new regulations that require higher down payments on second homes, according to a nationwide survey of Canadian attitudes towards recreational property ownership conducted by Angus …

Originally posted here:
Canadians Pursuing Recreational Property for Lifestyle, despite Tax Concerns and Stricter Mortgage Rules

OTTAWA, Ontario, May 17, 2010 — Home sales activity in Canada came up short of the record for the month of April and new listings continued to climb, according to statistics released by The Canadian Real Estate Association (CREA).
Residential sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards numbered 52,042 units in April 2010. This …

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OTTAWA, Ontario, October 08, 2009 — The seasonally adjusted annual rate 1
of housing starts reached 150,100 units in September compared to
157,300 units in August, according to Canada Mortgage and Housing

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September Housing Starts

TORONTO, Ontario, September 25, 2009 — The Government of Canada, the Government of Ontario, the City of
Toronto and Options for Homes celebrated today the start of
construction of affordable housing in a two-tower condominium

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Celebration Marks Affordable Homeownership Development

BRANTFORD, Ontario, September 11, 2009 — The Government of Canada, the Government of Ontario, and the City
of Brantford today celebrated the start of construction of four
affordable housing projects and the official openings of four

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Brant and Brantford Celebrate New Affordable Housing

FENELON FALLS, Ontario, September 11, 2009 — The Government of Canada, the Government of Ontario, and the City
of Kawartha Lakes today celebrated the opening of 25 new affordable
rental units. This project is supported by $1.75 million in

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Kawartha Lakes Celebrates New Affordable Housing

OTTAWA, Ontario, September 09, 2009 — The seasonally adjusted annual rate 1 of housing starts
increased to 150,400 units in August from 134,200 units in July,
according to Canada Mortgage and Housing Corporation (CMHC).

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Housing Starts Increase in August

STONEY CREEK, Ontario, August 27, 2009 — The Government of Canada, the Government of Ontario, and the City
of Hamilton through CityHousing Hamilton Corporation today
celebrated the start of construction of 48 new affordable rental

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New Affordable Housing Launched in Hamilton

OTTAWA, Ontario, August 11, 2009 — The seasonally adjusted annual rate 1 of housing starts
decreased to 132,100 units in July from 137,800 units in June,
according to Canada Mortgage and Housing Corporation (CMHC).

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Housing Starts Decrease in July