OTTAWA, ON, Aug. 29, 2025 (CNW Group via COMTEX) --
Canada Mortgage and Housing Corporation (CMHC) today released its Quarterly Financial Report showing an increase in demand for transactional homeowner mortgage insurance and continued strong demand for its multi-unit insurance products.
For the period ending June 30, 2025, transactional homeowner units totalled 28,132, an increase of 28% over the 22,038 units in the same period in 2024. Decreasing interest rates â?? which lower the cost of borrowing â?? along with new mortgage rules permitting 30-year amortization terms on insured mortgages have positively influenced housing market activity, leading to increased unit volumes.
In the first half of 2025, CMHC continued to see strong multi-unit residential insured volumes, which totaled $31,377 million, up from $31,175 million during the same period last year, a one percent increase. Overall, demand was largely driven by new construction volumes. In 2025, new construction insured volumes were $19,551 million comprising 55,551 units, compared to $19,363 million and 60,692 units during the same period of 2024. Despite the decrease from the same period last year, new construction units continue to contribute to the needed housing supply in Canada.
Additional highlights for the three-month period ending June 30, 2025:
The full Quarterly Financial Report is availableâ?¯online.
CMHC plays a critical role as a national convenor to promote stability and sustainability in Canada's housing finance system. CMHC's mortgage insurance products support access to home ownership and the creation and maintenance of rental supply.â?¯CMHC research and data help inform housing policy. By facilitating co-operation between all levels of government, private and non-profit sectors, CMHC contributes to advancing housing affordability, equity, and climate compatibility. CMHC actively supports the Government of Canada in delivering on its commitment to make housing more affordable.
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SOURCE Canada Mortgage and Housing Corporation (CMHC)
SOURCE: Canada Mortgage and Housing Corporation (CMHC)
For more information contact:aEUR CMHC Media Relations, media@cmhc.ca
COMTEX_468380707/2197/2025-08-29T09:23:00
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