The Government of Canada and the Province of Nova Scotia today announced that social housing in the Halifax Regional Municipality (HRM) will receive $11.8 million for repairs and renovations, and an additional investment of $2.25 million for the construction of new housing for low-income seniors and persons with disabilities. In total, this investment represents over [...]

The seasonally adjusted annual rate of housing starts was 201,700 units in April, according to Canada Mortgage and Housing Corporation (CMHC), up slightly from a revised 199,200 units in March.
“Higher multiple starts were nearly offset by a decline in single starts and rural area starts in April. As a result, total housing starts edged higher [...]

Housing starts rebounded in the second half of 2009 and early 2010 and will stabilize over the next two years, according to Canada Mortgage and Housing Corporation’s (CMHC) second quarter Housing Market Outlook, Canada Edition.
Following a total of 149,081 units in 2009, housing starts are expected to be in the range of 166,900 to 199,600 [...]