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- Edmonton Housing Starts Expected to Slow
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- A Giant Step to Improve Edmonton's Livability
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- Adjustments to Rules for Government-backed Insured Mortgages
- Airport Petition Invalid Under Provincial Law
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- Alberta Accounts for Most Job Growth in January
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- Alberta Business Alliance Sounds Alarm on Labour Shortage
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- Alberta and Saskatchewan to lead Metropolitan Growth in 2012
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- Alberta's Economy To Rebound This Year
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- Approved Edmonton Downtown Plan Sets Path for Vibrant Urban Core
- Background Note on the GST New Housing Rebate
- Bank of Canada Expected to Raise Rates...But Not Yet
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- Blaze Destroys Two Local Homes Under Construction
- Breaking New Ground in "Green" Housing
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- Budget a Step in the Right Direction for Recovery, CHBA Says
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- CHBA's 2010 Economic Impacts of Residential Construction Report is Here!
- CHBA-ER 2012 Economic Forum Presentations Now Available!
- CHBA-ER Renovator Continues Winning Trend
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- CMHC on Edmonton Housing in 2012
- COE First Place Program: Request for Qualification
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- Canada's Home Building Steams Ahead
- Canadian Consumers Remain Bullish On Real Estate Market
- Canadian Housing Prices Flat or Falling in Q4
- Canadian Housing Prices Indicative of Balanced Market: Royal LePage
- Canadian May Building Permits Unexpectedly Plunge
- Canadians May Be Hit With Half-Point Rate Rise
- Canadians Not Worried About Rising Mortgage Rates
- Census 2011: Analyzing Edmonton's Growth Spurt
- Cheap Money to Spur Home Sales
- Christenson Redefines Village Living
- Cities Need More Tax Powers to Pay for Services
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- City Builds Up Construction Recycling
- City Council Makes the Right Call on Downtown Arena
- City Eyes June Hearing on New Edmonton Arena
- City Hopes to Paint the Town GREEN this Saturday
- City Invests $56 Million in Phase One Quarters Downtown Revitalization
- City of Edmonton Revises 10 Minute Fire Response Time Map
- City of Edmonton Surplus School Sites: What's New?
- City to Begin Public Consultation on Potential Downtown Arena
- Competition Watchdog, Realtors Reach a Deal
- Congratulations Larry Anderson and Reza Nasseri
- Consumer Confidence Improves; Development Charges, Underground Economy More Critical for Home Builders
- Downtown Revitalization at the Heart of Arena Deal
- Downtowns Will Rise Again
- EPA Proposed Changes to Its Renovation, Repair & Painting Program
- Edmonton Builders Impose Tracking Program to Catch Thieves
- Edmonton Cornerstones Plan Key to 51 New Affordable Rental Homes
- Edmonton Gets a New Riding
- Edmonton Home Prices Edge Up 2.2 %
- Edmonton Home Prices Jump: Report
- Edmonton House Prices Up Despite Market Glut
- Edmonton Leads Alberta in October Housing Starts
- Edmonton MDP Ready for Final Council Approval
- Edmonton Opens 2 New LRT Stations
- Edmonton Public Art Seen as Public Cost
- Edmonton Region Housing Starts Fall 6% in 2011
- Edmonton Will Pay if Suburban Growth is Curtailed
- Edmonton's Apartment Vacancies Decrease in 2011
- Edmonton's Bedroom Communities Shake Off Their Sleepy Image
- Edmonton's Housing Market to Improve in 2012
- Edmonton's Housing Most Affordable in Canada
- Edmonton's Housing Starts Increase in December
- Edmonton's Longest Serving Councillor, Ron Hayter, To Retire
- Edmonton's Metro Population Soars Past 1.16 Million
- Edmonton's Smoke Alarm Blitz Targets Safety
- Federal Government Renews Energy Retrofit Program
- Feds Looking to Replace Infrastructure System that's Short on Cash
- Fewer Albertans Renovating: Poll
- Final Red Alert: National Energy Code For Buildings
- Fire Study Test Results
- First Place Home Ownership Program
- First Year of Edmonton's 10 Year Plan to End Homelessness Winds Up
- Flaherty Details New Mortgage Rules
- Goodridge Corners: New Neighbourhood Proposed in North West Edmonton
- Green TRIP Pledges $800 Million to Edmonton
- Habitat Day Bigger and Better
- Habitat for Humanity Breaks Ground on Largest Build to Date
- Habitat for Humanity Restore's Mom's Canadian Dream
- Home Affordability Improves in Canada
- Home Gets Fresh Look for Cancer Patients
- Home Retrofit Funding 'Fabulous' says Edmonton Builder
- Home Sales Repeat Strong Month
- Home Sales Sink In Toronto, Vancouver
- Homebuilding Back to Normal
- Homeowners Face Hardship if Rates Rise
- House Prices Rise at Fastest Pace in 10 Months
- Housing Affordability and the Hated Sales Tax
- Housing Industry Generates One Million Jobs Nation Wide
- Housing Market Expected to Moderate This Year and Next: CMHC
- Housing Market Expected to Remain Steady: CMHC
- Housing Plan Overturns Decades of Practice
- Housing Starts in Edmonton Strengthen In March
- Housing Tax Incentive Most Helpful to Younger Households
- How the New Mortgage Rules May Affect Home Prices, Sales
- INDUSTRY UPDATE:Adjacent Property Fire Protection During Construction
- Introducing the 2011 Awards of Excellence in Housing WINNERS
- Is the Fix In For Mortgages?
- Joining the Ranks of the First-Time Homeowner
- Karen Kinsley Reappointed as CMHC President
- Labour Crunch Threatens Alberta's Growth
- Let's Paint the Region Red on Friday, July 23rd!
- Limited Environmental Contamination on City Centre Airport Land
- Local Construction Contractors Fined a Combined $3,200 for Operating Without a Business License
- Luxury Home Sales Soar in Q1
- Major City Plan Approved by City Council
- Making Edmonton A Greener City
- Making Sense of "Mad Money"
- May Home Sales Fall 9.5% on New Mortgage Rules
- McConachie Builds on Success
- Mortgage Rates on the Rise Again
- Mortgage Rules Tighten as Household Debt Soars
- Mortgage-Rate Rise Means Borrowers' Party is Almost Over
- Municipalities Download Debt to New Homebuyers
- National Leader Pursues Solutions to Construction Costs
- National SAM Award Entry Forms Now Available
- New CHBA President Sounds the Alarm on Housing Affordability
- New Chamber Chairman Sets Sights on Labour Shortage
- New Gas Code Regulation
- New Government Guarantee Parameters for Mortgage Loan Insurance
- New Home Price Index for Canada Shows Modest Price Increase for January
- New Requirements for Government-backed Mortgage Insurance
- Notice: CHBA-ER Annual General Meeting, Wednesday, January 11, 2012
- Ottawa Pulls $92M for New Royal Alberta Museum
- Ottawa Torn on Alberta's Labour Woes
- Owning a Home Gets More Affordable
- Planned Residential Construction Up 34 % in 2010
- Prairie Housing Starts to Rise in 2012 and 2013
- Prairie Housing Starts to Stabilize by 2011
- Premier Redford Calls Election
- Proposed Parameters for Mandatory Warranty in Alberta
- Proud Mo'Bros and Durabuilt Windows and Doors
- Province Calls for Preliminary Input into new OH&S Safety Regulations
- Province to Strengthen Protection for New Home Buyers
- Public Campaign on Building Codes and Energy in Alberta
- Public Hearing Set for the Way We Live: Edmonton's People Plan
- Public Meeting on Proposed Arena and Entertainment District
- Rate Hikes Unlikely in 2011
- Red Alert: National Energy Code for Buildings
- Renovated Grand Hotel Among New Sites for Affordable Housing
- Sales Growth Slows as Pent-Up Demand Peaks
- Slowdown Expected in Edmonton Home Construction
- St. Albert LRT Route Unveiled
- St. Albert to Pursue Annexation from Sturgeon County
- St. Albert's Housing Mix is in Transition
- Sun Shines on Belgravia Eco Home
- Tripling of Housing Starts Returns Builders to Pre-recession Levels
- Warning Issued to Edmonton Concrete Company
- Water Conservation To Be Built Into Code
- Welcome to Edmonton, the City that Works
- West to Lead Economic Boom, BMO Predicts
- Who Won Big at Saturday's Awards of Excellence in Housing Gala?
- Why We Moved to Edmonton and Why We'll Stay
- Will New Mortgage Rules Trigger Winter Buying?
- Yes, There's a Housing Bubble in Canada - But Only in Three Cities
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News & Events
Adjustments to Rules for Government-backed Insured Mortgages
February 25, 2010
February 25, 2010
The Altus Group has completed its analysis for the CHBA of the federal government’s
recently announced requirement for a minimum down payment of 20 per cent for
government-backed mortgage insurance for “non-owner occupied properties
purchased for speculation.”
You can download this report by clicking HERE.
The Report concludes that this new requirement will:
have little or no impact on any aspects of the market that could be considered “speculation”
curtail activity in an important component of the Canadian housing sector: contributions to the rental stock from small income investors
We are submitting this analysis to the federal government and recommending that the new
requirement be given serious reconsideration.
© 2009 Canadian Home Builder's Association - Edmonton