The Canada Mortgage and Housing Corporation has released their most recent Rental Market Report for the Kitchener CMA (Census Market Area). This report contains a wealth of information for landlords in the Kitchener-Waterloo area including vacancy rates and average rent increase rates.

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According to this recent article provided by the Canadian Mortgage and Housing Corporation (CMHC) the outlook for the national housing market in Canada is looking up.

OTTAWA, September 3, 2009 - Housing starts are expected to rebound in the second half of 2009 and will reach 141,900 for the year. Starts will increase to 150,300 for 2010, according to Canada Mortgage and Housing Corporation's (CMHC) third quarter Housing Market Outlook, Canada Edition* report. The overall forecast totals for housing starts remain unchanged from the second quarter release.

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A May 20 article in the Kitchener-Waterloo's local newspaper (The Waterloo Region Record) mentions that the demand for new and resale homes in Waterloo Region is expected to fall in 2009 and should see a rebound in 2010.

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