Better Building by Canadian Funding Corporation.

According to the Saskatoon Star Phoenix, “Saskatoon city council’s executive committee approved a new mortgage support program on Tuesday to help low- and moderate-income people get into the housing market.
“Under the program, which will replace the home start affordable housing initiative, people with a household income of $52,000 or less will be given a five [...]

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The 20% drop attributed to decline in multiple starts,
especially in Toronto’s condominium segment.
The Canadian construction industry may have been the engine of economic growth for much of this decade, but recent figures show that it hasn’t been firing on all cylinders. Canadian housing starts cratered by a much-greater-than-expected 19.9 per cent to 117,400 annualized units [...]

Tags: activity, Alexander, Association, Canada, cent, condominium, construction, drop, economist, half, home, housing, Ian Pollick, Industry, market, Moishe, Moishe Alexander, Ontario, point, province, Robert Kavic, segment, Spring, tax, Tony Wong, Toronto, Western Canada, year, yesterday

Resale housing activity in Canada in February 2009 was up from seasonally adjusted levels the previous month, according to statistics released by The Canadian Real Estate Association (CREA).
A total of 28,669 homes traded hands via the Multiple Listing Service® (MLS®) nationally in February 2009 on a seasonally adjusted basis. This is 8.6 per cent above [...]

Tags: activity, Alberta, Alexander, Association, basis, british columbia, Calvin Lindberg, Canada, cent, Chief Economist, CREA, decline, Estate, February, Gregory Klump, home, housing, increase, information, Manitoba, market, MLS, Moishe Alexander, month, Nova Scotia, Ontario, President Calvin Lindberg, price, Prince Edward Island, quebec, Real, sale, Saskatchewan, time, West Vancouver, year