Moishe Alexander, Better Building – An estimated 2.1 million households in 10 major surveyed centres indicated they completed renovations last year according to the Renovation and Home Purchase Survey released today by Canada Mortgage and Housing Corporation (CMHC). The average cost of renovations was approximately $12,100.
The Renovation and Home Purchase Survey reports on actual renovation [...]
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Category: Renovation Spending | Comments OffResale 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 [...]
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Category: Canada, Housing Starts, Ontario, Uncategorized | Comments OffCanadian Funding Corporation – CFC – reports that The seasonally adjusted annual rate1 of housing starts increased to 128,400 units in May from 117,600 units in April, according to Canada Mortgage and Housing Corporation (CMHC).
“The increase in May is broadly based, encompassing both the singles and multiples segments,” said Bob Dugan, Chief Economist at CMHC’s [...]
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Category: Housing Starts | Comments Off