The national average home price rose 1.8% year-over-year to $656,625
Capital requirements to grow, profits under pressure for mortgage insurers
Still, the average home price rose 3.5% year over year
But inventory levels remain lower than what's traditionally available for the month
New policy will apply to new rental housing units such as apartment buildings, student housing and senior residences
The second extension was announced on Tuesday afternoon
The bank forecasts a potential pickup in the housing market in 2024's second quarter
Federal minister says there will be measures to address "the financialization of housing"
While a rising population impacts housing costs, there's little evidence of its impact in other areas, research finds
Monthly seasonally adjusted annual rate of housing starts in September came in at 270,466 units, up from 250,383 in August