Canadian Mortgage News

November 2007 National Archive

Mortgage News & Press Releases - November 2007

• Affordable Housing Project for Seniors Opens in Sackville
  SACKVILLE, New Brunswick, November 01, 2007 — An affordable housing project for seniors was officially opened in Sackville today. The project, funded under the Canada – New Brunswick Affordable Housing Agreement, created 12 new units, of which six are affordable housing units.
  
• Alberta Will Maintain its Lead in Housing Starts Per Capita Across The Country
  EDMONTON, Alberta, November 01, 2007 — Canada Mortgage and Housing Corporation (CMHC) will host their annual Alberta Housing Outlook Conference today at The Westin Hotel. This sold-out event brings together over 400 housing experts, speakers and conference participants to discuss the economic, demographic and financial factors that will impact Alberta’s housing markets over the next …
  
• Families Benefit from Renovation to Kingston Road Apartments
  TORONTO, Ontario, November 05, 2007 — Families in the Toronto area now have access to more affordable housing with the opening of six rental apartments at 1445 – 1481 Kingston Road following the completion of extensive renovations.
  
• Opening — 384 Social and Community Housing Units in Longueuil
  LONGUEUIL, Quebec, November 05, 2007 — Low-income families, individuals and seniors in the Longueuil area now have access to more resources thanks to the construction, at the initiative of the Office municipale d’habitation (OMH) de Longueuil, of six housing projects comprising a total of 384 social and community housing units.
  
• 2008 BC and Vancouver Housing Outlook
  VANCOUVER, British Columbia, November 06, 2007 — Demand for homeownership will keep housing starts and existing home sales at above-average levels in BC and Vancouver, and push new and existing home prices higher in 2008.
  
• Minister Solberg Announces CMHC Housing Studies Achievement Award Winners
  OTTAWA, Ontario, November 06, 2007 — Royal Galipeau, Member of Parliament for Ottawa – Orléans, and Deputy Chair of Committees of the Whole, on behalf of the Honourable Monte Solberg, Minister of Human Resources and Social Development, and Minister responsible for Canada Mortgage and Housing Corporation (CMHC), today announced the five winners of CMHC’s Housing Studies …
  
• 81 per cent of Canadians satisfied with their mortgages
  TORONTO, Ontario, November 07, 2007 — The vast majority of Canadians (81 per cent) are happy with the terms of their mortgages thanks in large measure to "good interest rates" and longer amortization options, according to a report released today by the Canadian Association of Accredited Mortgage Professionals (CAAMP). Significantly, thirty seven per cent of Canadians who have taken out a …
  
• More Safe, Quality and Affordable Housing Opens in Salisbury
  SALISBURY, New Brunswick, November 07, 2007 — Seniors in Salisbury will have access to more affordable housing with today’s official opening of an affordable housing project. The 13-unit project includes eight new affordable housing units. The project was funded under the Canada – New Brunswick Affordable Housing Agreement.
  
• Housing Starts Drop in October
  OTTAWA, Ontario, November 08, 2007 — The seasonally adjusted annual rate1 of housing starts was 219,500 units in October, down 22.0 per cent from 281,300 units in September, according to Canada Mortgage and Housing Corporation (CMHC).
  
• Affordable Housing Project For Seniors Opens in Dieppe
  PORT COQUITLAM, British Columbia, November 09, 2007 — Federal, provincial and community partners gathered today to celebrate both the official opening of Hawthorne Assisted Living’s 70 apartments for seniors and the completion of Port Coquitlam’s first campus of care.
  
• Official Opening of Alouette Homes’ ÉcoTerra™ House — A CMHC EQuilibrium Sustainable Housing Demonstration Home
  EASTMAN, Quebec, November 09, 2007 — The Government of Canada today welcomed a significant step forward in energy-efficient and environmentally responsible housing with the official opening of the ÉcoTerra™ house. The project was built by Alouette Homes and is located in Eastman, Québec.
  
• Affordable Housing Project For Seniors Opens in Dieppe
  DIEPPE, New Brunswick, November 13, 2007 — Seniors in Dieppe will have access to more affordable housing with today’s official opening of Résidence J. Régis Leblanc, a 61-unit housing project that includes 45 new affordable housing units. The project was funded under the Canada – New Brunswick Affordable Housing …
  
• 2008 Victoria and BC Housing Outlook
  VICTORIA, British Columbia, November 15, 2007 — Demand for homeownership will keep housing starts and existing home sales at above-average levels in BC and Victoria, and push new and existing home prices higher in 2008.
  
• Governments of Canada, Manitoba and City of Winnipeg Celebrate National Housing Day
  WINNIPEG, Manitoba, November 21, 2007 — Government partners of the Winnipeg Housing and Homelessness Initiative (WHHI) will commemorate National Housing Day this Thursday, November 22, 2007 by applauding the progress being made to address housing and homeless issues.