CMHC Releases 2011 Canadian Housing Observer, a Comprehensive Report on the State of Housing in Cana

CMHC Releases 2011 Canadian Housing Observer, a Comprehensive Report on the State of Housing in Canada

ID: 100153

(firmenpresse) - OTTAWA, ONTARIO -- (Marketwire) -- 12/29/11 -- Housing-related spending accounts for more than 20 per cent of Canada's Gross Domestic Product, contributing about $330 billion to the Canadian economy in 2010 - up 7.1 per cent from $308 billion in 2009. This and other key findings are in the ninth annual Canadian Housing Observer, released today by Canada Mortgage and Housing Corporation (CMHC).

"The Observer is unique in its in-depth review of housing conditions and trends, including developments - both domestic and international - that influence housing finance and housing market developments in Canada," said Karen Kinsley, President of CMHC. "The Observer's data provides insight into Canadian residential mortgage practices and housing market trends, while highlighting the importance of housing in this country."

The 2011 Observer looks at other important housing data including:

Online, users can access a broad range of statistical information on housing conditions from national, regional and local perspectives. New this year is the launch of additional online interactive tables featuring housing data at the local level for more than 100 selected municipalities. The online publication and data are available at . Please refer to the attached table for a sample of the wide range of key national housing data available in the Observer.

As Canada's national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of quality, environmentally sustainable and affordable housing solutions. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making informed decisions.

For more information, visit or call 1-800-668-2642.

Selected Housing Indicators, Canadian Municipalities, 2006





Contacts:
Charles Sauriol
Senior Media Relations Officer, CMHC




613-748-2799

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 29.12.2011 - 13:15 Uhr
Sprache: Deutsch
News-ID 100153
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OTTAWA, ONTARIO



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