post

Canadian Housing Observer 2012 — 10th Edition Highlighting the State of Canada's Housing To make the best decisions, you need the best information. Find it in the 2012 Canadian Housing Observer. It provides a complete picture of housing trends and issues in Canada today with chapters on: Housing Finance Housing Markets Demographic and Socio-economic Influences on Housing Demand Recent Trends in Housing Affordability and Core Housing Need Sustainable Housing and Communities Among the highlights in the 2012 Observer: The recently introduced Canadian Covered Bond Legal Framework, which will support financial stability by facilitating diversified funding for lenders and strengthening the robustness of the Canadian covered bonds market; Annual housing starts and the average mortgage payment as a percentage of personal disposable income per worker are both close to their long-term averages, while debt-service ratios are below or near their long-term averages; Most mortgage holders have substantial equity in their homes, while the percentage of residential mortgages three months or more in arrears has been declining; Housing designed with flexibility in mind is better able to adapt to meet the needs of an aging population and accommodate the accessibility and other needs of persons with mobility, cognitive and agility disabilities.  Housing in Canada Online (HiCO) is an interactive tool which provides CMHC's custom, Census-based, national, regional and local housing conditions data, including core housing need. Interactive local data tables are now available for over 160 selected municipalities across Canada to help you make more informed decisions at the local level. Download housing data and/or your FREE copy today! Order your free copy of the print publication online by calling 1-800-668-2642. Go to the source: www.cmhc.ca/observer

Canada Mortgage and Housing Corporation
700 Montreal Road
Ottawa Ontario K1A0P7
Canada

You are subscribed to this mailing list as JONJKNIGHT@GMAIL.COM. Please click here to modify your message preferences or to unsubscribe from any future mailings. We will respect all unsubscribe requests.

Posted via email from collingwoodrealestate's posterous

post

Canadian home sales remain at lower levels in November

 

Ottawa, ON, December 17, 2012 - According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity edged back down in November 2012 on a month-over-month basis, returning to where it stood in August. Demand geared down in August in the wake of tighter mortgage lending rules, and has since been running about eight per cent below levels in the first half of the year.

 

Highlights:

•       Home sales down 1.7% from October to November.

•       Actual (not seasonally adjusted) activity down 11.9% from November 2011.

•       Number of newly listed homes down 0.9% from October to November.

•       Housing market remains firmly in balanced territory.

•       National average price for home sales down 0.8% on a year-over-year basis in November.

•       MLS® HPI up 3.5% in November, marking its smallest gain since May 2011.

 

The number of home sales processed through the MLS® Systems of real estate Boards and Associations in Canada edged down 1.7 per cent on a month-over-month basis in November 2012. The decline returned activity to where it stood in August following the most recent tightening of mortgage regulations.

 

CREA Updates Resale Housing Forecast 

 

OTTAWA –December 17, 2012 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service^® (MLS^®) Systems of Canadian real estate Boards and Associations in 2012 and 2013.

 

When CREA’s resale housing forecast was published in September, activity showed the first signs of slowing in the wake of new mortgage lending regulations. Demand has remained at lower levels, and this trend is expected to persist through the end of the year. Lower than projected third quarter sales have downgraded the prospects for activity this year in almost every province.       

 

November 2012 statistics and MLS HPI.pdf Download this file

MLS_housing_forecast_Dec2012_DM_EN.pdf Download this file

Posted via email from collingwoodrealestate's posterous

post

 

In this issue: ·         Regent Park Revitalization (Toronto Community Housing) ·         Development and Publication of Training Materials to Support the Implementation of Rainwater Harvesting in Canada ·         Photovoltaic (PV) Systems ·         EQuilibrium™ Project Profile: Urban Ecology — Winnipeg, Manitoba ·         Housing for Older Canadians: The Definitive Guide to the Over-55 Market Volume 4 — Designing the Project and  Volume 5 — Services and Amenities ·         National Housing Research Committee (NHRC) Newsletter — Fall 2012 edition ·         RSS Feeds ·         Events and Items of Interest Regent Park Revitalization Features Regent Park Revitalization (Toronto Community Housing) Regent Park Revitalization is a project selected under the EQuilibrium™ Communities Initiative, a collaborative sustainable community demonstration initiative of Natural Resources Canada (NRCan) and Canada Mortgage and Housing Corporation (CMHC). This Interactive Map will enable you to see what the project looks like and highlights the EQuilibrium™ Communities features of Phase 1. Research Highlight Development and Publication of Training Materials to Support the Implementation of Rainwater Harvesting in Canada To gain a better understanding of the benefits of rain water harvesting (RWH) to Canadian homeowners, CMHC has led a series of initiatives and research projects on this topic. Early research supported by CMHC revealed that, while RWH was common in some international jurisdictions, the use of such systems was rare (or even prohibited) in many parts of North America. About Your House Photovoltaic (PV) Systems This fact sheet describes the different photovoltaic (PV) systems available for residential applications. Basic technical descriptions and system design considerations are outlined. Other PV-related topics such as equipment selection, safe installation, contracting with the utility and building "solar-ready" new homes are also addressed. EQuilibrium™ Housing EQuilibrium™ Project Profile: Urban Ecology — Winnipeg, Manitoba This Project Profile highlights the Urban Ecology project, one of the winning entries in Canada Mortgage and Housing Corporation's EQuilibrium3 Sustainable Housing Demonstration Initiative — a national initiative to design, build and demonstrate sustainable homes throughout Canada. CMHC's EQuilibrium™ Housing projects are now on Flickr! These images can be shared with others and embedded on your site by following the instructions available on Flickr. View them Now! CMHC at Large Housing for Older Canadians: The Definitive Guide to the Over-55 Market Volume 4 — Designing the Project and Volume 5 — Services and Amenities This series of five volumes was developed to address the housing needs of Canadians aged 55 and older and is intended for those developing seniors' housing, including both for-profit developers and organizations interested in sponsoring housing projects for seniors.  Volume 4 provides information on the ways in which developers and sponsors of seniors' housing can accommodate the changing needs of people 55 and over through appropriate design of dwellings and communities. Volume 5 reviews the principles for providing services and amenities within housing developments, as well as the range of options for partnering with public or private-sector providers that specialize in the management and/or delivery of services to older Canadians. This volume will be of particular interest to developers and project sponsors who are focusing specifically on the market segments where services and amenities have a major bearing on the decision to move into a retirement community or nursing home. National Housing Research Committee (NHRC) Newsletter — Fall 2012 edition This Newsletter, which is produced twice a year, is a valuable resource for everyone wishing to stay abreast of news in the Canadian housing research community. Research Highlights — RSS Feeds Keep up to date by subscribing to our RSS feeds. RSS feeds allow you to access the content that you want, the way you want. What is RSS? Events and Items of Interest Hit the Road with CMHC December 7, 2012 Montreal, Quebec Find out what is new and upcoming with CMHC. Visit our Events Calendar. To find out what is going on in the industry, see the list of other Housing-Related Events and Conferences. Did You Know Canadians aged 55 to 64 have the highest rates of homeownership among all age groups; about 78% of households in which the primary household maintainer is aged 55 to 64 own the housing in which they live. See "Housing for Older Canadians — The Definitive Guide to the Over-55 Market, Volume 1 Understanding the Market". . Feel free to forward this e-mail to a friend or colleague Subscribe To unsubscribe, please click on the link at the bottom of this newsletter If you would like to subscribe with a new email address, you will need to subscribe again. If you have any questions, please feel free to send me an e-mail. View Past Issues CMHC will not use subscribers' e-mail addresses except for the sole purpose of delivering this newsletter. This e-mail is served by a reputable third party at CMHC's request. For more information about our privacy policy, click here. Use of the CMHC website is subject to the following Terms and Conditions. www.cmhc.ca © 2012 CMHC-SCHL

Canada Mortgage and Housing Corporation
700 Montreal Road
Ottawa Ontario K1A0P7
Canada

You are subscribed to this mailing list as jonjknight@remax.net. Please click here to modify your message preferences or to unsubscribe from any future mailings. We will respect all unsubscribe requests.

Posted via email from collingwoodrealestate's posterous