CMHC looks back at Q1 results
Tom Ireland • May 31, 2016
Mortgage loan insurance was down in Q1 this year, from $526 billion in 2015 Q4 to $520 billion in 2016 Q1, according to the latest figures from CMHC. The Crown Corporation also said that it does not expect to be hit by claim losses in Fort McMurray. Click here for more details. The post CMHC looks back at Q1 results appeared first on Andy Schildhorn, PREC.
Mortgage loan insurance was down in Q1 this year, from $526 billion in 2015 Q4 to $520 billion in 2016 Q1, according to the latest figures from CMHC. The Crown Corporation also said that it does not expect to be hit by claim losses in Fort McMurray.
The post CMHC looks back at Q1 results appeared first on Andy Schildhorn, PREC.
SURREY, BC – The Fraser Valley market showed early signs of a spring thaw in February, with sales increasing over January, but continuing to trail typical levels for this time of year. The Fraser Valley Real Estate Board recorded 843 sales on its Multiple Listing Service® (MLS®) in February, a 36 per cent increase from January, but 38 per cent below the ten-year seasonal average. New listings declined nine per cent in February to 2,796, suggesting some sellers are choosing to wait amid competitive inventory levels, and may be positioning their homes for the peak of the spring market.
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The economics of building new homes in Canada are now "simply broken," sparking a macroeconomic drag that CIBC economists warn is just beginning to take hold. 👉 Details Here
