The Bank of Canada has developed a new model to determine the overvaluation of housing prices in Canada and has, for the first time, provided its own estimation.
A weakened Canadian dollar will benefit buyers and brokers in one major area but another will have to grapple with a slowing market.
The number of housing starts have continued to surge toward the end of the year but one big bank economist assures Canadians we aren’t at risk of overbuilding.
Two years have passed since Kevin O’leary made a bold prediction about mortgage rates, and it’s time to find out how accurate he was.
One economist believes there are signs of overbuilding in Canada, a trend that that may be contributing to a housing bubble.
Despite volatility in the commercial real estate market, brokers in this segment may expect an uptick in business in one major market as the economy continues to improve.
The red hot Toronto market is set to close out 2014 with a bang, according to recently released statistics.
Following a FSCO warning about an unlicensed syndicated mortgage referral website, one industry leader suggests there needs to be more clarity when it comes to these arrangements.
CMHC released its third quarter results, which reveal the most profitable quarter of the year – more than doubling the figures of the previous two quarters combined.
It was a busy week for FSCO and brokers are applauding the commission's efforts.