Monday, February 13, 2012

CMHC Expects Canadian Housing Market to Remain Steady

The Canada Mortgage and Housing Corporation (CMHC) has just issued their first quarter Housing Market Outlook for Canada. The outlook expects the Canadian housing market to remain steady in 2012 and 2013, with the assumption that the Canadian economy will expand at a moderate pace and mortgage rates will remain low.

For a summary of this report, click here.

About CMHC
As Canada's national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of quality, environmentally sustainable and affordable housing solutions. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making informed decisions.