DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Fergal Smith - 1 Andrew Heavens - 1
Top related locs:
Top related orgs:
TORONTO - 1 Canadian Mortgage and Housing Corporation - 1 Thomson - 1

Search resuls for: "Canadian Mortgage and Housing Corporation"


4 mentions found


☆ Canadian housing starts jump 41% in June - CMHC
  + stars: | 2023-07-18 | by ( ) www.reuters.com   time to read: 1 min
TORONTO, July 18 (Reuters) - Canadian housing starts rose 41% in June compared with the previous month, the largest increase in the last 10 years, led by groundbreaking on multiple unit urban homes, data from the national housing agency showed on Tuesday. The seasonally adjusted annualized rate of housing starts rose to 281,373 units in June from a revised 200,018 units in May, the Canadian Mortgage and Housing Corporation (CMHC) said. Economists in a Reuters poll had expected starts to increase to 220,000 in June. Reporting by Fergal Smith; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.
Persons: Fergal Smith, Andrew Heavens Organizations: TORONTO, Canadian Mortgage and Housing Corporation, Thomson
☆ Canadian housing starts slow as BoC rate hikes weigh
  + stars: | 2023-04-19 | by ( Fergal Smith | ) www.reuters.com   time to read: +1 min
TORONTO, April 19 (Reuters) - Canadian housing starts fell more than expected in March, contributing to a slower trend in recent months that follows a rapid increase in borrowing costs, data from the national housing agency showed on Wednesday. The seasonally adjusted annualized rate (SAAR) of housing starts fell 11% to 213,865 units from a revised 240,927 units in February, the Canadian Mortgage and Housing Corporation (CMHC) said. "The SAAR of housing starts and the trend appear to be returning to pre-pandemic levels," Bob Dugan, CMHC's chief economist, said in a statement. The Bank of Canada has lifted its benchmark interest rate to a 15-year high of 4.50% to tackle inflation. For the first quarter, starts averaged 223,000, the weakest quarter since the depth of the COVID-19 pandemic in early-2020, Robert Kavcic, a senior economist at BMO Capital Markets, said in a note.
☆ Canadian housing starts fall 11% in March -CMHC
  + stars: | 2023-04-19 | by ( ) www.reuters.com   time to read: 1 min
TORONTO, April 19 (Reuters) - Canadian housing starts fell more than expected in March compared with the previous month as groundbreaking decreased on multiple unit and single-family detached urban homes, data from the national housing agency showed on Wednesday. The seasonally adjusted annualized rate of housing starts fell 11% to 213,865 units from a revised 240,927 units in February, the Canadian Mortgage and Housing Corporation (CMHC) said. Economists had expected starts to fall to 237,800. Reporting by Fergal Smith; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
☆ Canadian housing starts dip 0.2% in November; beat estimate
  + stars: | 2022-12-15 | by ( ) www.reuters.com   time to read: 1 min
TORONTO, Dec 15 (Reuters) - Canadian housing starts edged lower in November compared with the previous month as a drop in single-detached urban starts offset groundbreaking in multiple unit urban homes, data from the national housing agency showed on Thursday. The seasonally adjusted annualized rate of housing starts fell to 264,159 units from a revised 264,581 units in October, the Canadian Mortgage and Housing Corporation (CMHC) said. Economists had expected starts to fall to 255,000. Reporting by Fergal Smith Editing by Raissa KasolowskyOur Standards: The Thomson Reuters Trust Principles.
0 next >>
Total: 4