CMHC clarifies condo ownership survey methodology
Following broker scepticism, the Canada Mortgage and Housing Corporation (CMHC) clarified the survey method used to determine what percentage of condos in Vancouver and Toronto are owned by investors.
Broker alleges false Google ad violates FSCO rules
One leading broker is accusing a competitor of using his name to attain leads through Google’s ad services.
Many brokers don’t unplug during time off
Summer is quickly coming to a close and many brokers are thinking of taking some much needed time off; but with today’s technology is it possible to truly take time away from the office?
New poll: How do you vacation in the smart phone age?
Let’s face it: cell phones these days are tiny computers that make it almost impossible to leave work behind at the office. We’re connected 24/7, expected to respond almost immediately to every inquiry – even if they are received at midnight or, dare I say, while we’re on vacation.
Hot summer continues for brokers across Canada
According to CREA’s monthly national statistics sales edged up less than one per cent from June to July, continuing a trend begun in spring.
Condo market to land softly but certain markets in danger
The Conference Board of Canada is joining the chorus of experts forecasting a soft landing for Canada’s condo market, though the optimism doesn’t extend to some of the more popular cities.
Former bank employees find new home in broker industry
Former bank employees continue to flock to the mortgage broker industry, with the latest defectors finding a new home with Canada’s largest broker network after gaining experience with a rival network for a year.
Booming 2014 to give way to moderated 2015?
CMHC forecasts gradually improving economic conditions in Canada in 2014 and 2015; though it also predicts a moderation in housing starts, according to its latest quarterly Housing Market Outlook report, released Wednesday.
CMHC crunches condo ownership breakdown
Brokers and industry professionals have often wondered what percentage of condos in Canada’s two biggest markets are owned by investors and the data has finally been compiled.
Broker: Lender's products are what matters
One leading broker has echoed the same sentiments of some of Canada’s largest broker networks: it is a lender’s products – and not it’s affiliation with one particular network – that will determine broker opinion.