In the News

Housing market defies forecasts

Most experts figured Canada's housing market would be showing signs of a slowdown by now. Instead, home construction and sales are up, raising questions about where the market is headed.

JEFF MCINTOSH FOR THE GLOBE AND MAIL

CMHC to return to lower-risk roots

The head of Canada Mortgage and Housing Corp. is shifting the priority of the mortgage insurer to helping Canadians buy homes they need, not the bigger, pricier homes they might want.

Boyd Erman and Tara Perkins