CMHC releases housing market insight
By Andrew Macklin
November 18, 2015 – Canada is as diverse as it is vast. The housing market story and information needs differ from region to region, city to city and even neighbourhood to neighbourhood. Canada Mortgage and Housing Corporation’s (CMHC) newest market analysis product, the Housing Market Insight (HMI) report, addresses this by providing insightful analysis and answering key questions about the housing markets in Canada’s Census Metropolitan Areas (CMA).
“The Housing Market Insight is a tailor-made report customized to examine different indicators and factors in a specific market. CMHC analysis provided through the HMI reports provides additional information and insight to private and public sector audiences,” says Michel Laurence, CMHC’s vice-president for Housing Markets and Indicators.
CMHC will release between 30 and 40 HMI reports over the course of a year. This first HMI report focuses on Edmonton through the lens of oil price declines and their effect on the housing market.
On December 3, CMHC will release a national report highlighting foreign ownership as part of the HMI series. In early 2016, HMI reports will focus on the Halifax and Quebec City CMAs.
In order to access future Market Analysis Centre publications from CMHC, please subscribe to Housing Observer Online by visiting the following link: https://www.cmhc-schl.gc.ca/observer/
As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need and offers objective housing research and information to Canadian governments, consumers and the housing industry.