The trend in housing starts was 206,171 units in October 2018, down from 207,809 units in September 2018, reports Canada Mortgage and Housing Corporation.

Canada’s housing market remains highly vulnerable, yet conditions of overvaluation are slowing overall, notes CMHC’s most recent Housing Market Assessment.

The national trend in housing starts declined slightly to 219,988 units in July 2018, down from 221,738 units in June 2018, according to CMHC.

Canada’s overall housing market remains highly vulnerable, mostly due to evidence of overvaluation and price acceleration, finds CMHC.

Despite showing some signs of improvement, Canada Mortgage and Housing Corporation continues to hold the overall rating of the nation’s housing market at “strong evidence of problematic conditions.”

The share of foreign ownership in condominium apartments located in Canada’s major urban centres remains low, according to a new CMHC report.

According to Canada Mortgage and Housing Corporation (CMHC)’s latest Housing Market Assessment (HMA), overvaluation has been detected in nine Census Metropolitan Areas (CMAs), while overbuilding