The changes to OSFI's B-20 guideline which will tighten mortgage lending criteria from January has not been widely welcomed, but Fitch says it's a good thing
This year will continue to offer first-time buyers a good opportunity to enter the property market in the Greater Toronto Area says the boss of a Canadian mortgage lender
The latest assessment of Canada’s housing market by the Canada Mortgage and Housing Corporation has sounded warnings of overvaluation and overbuilding in some areas
Condo sales in the Greater Toronto Area increased by more than 12 per cent in the fourth quarter of 2015 compared to the same period of the previous year.
The decline in confidence among Canadian consumers continued last week according to the Bloomberg/Nanos Canadian Consumer Confidence Index
Members of British Columbia’s provincial government are reaping the rewards of the growing real estate market while opposed to measures that would cut prices.
An Alberta lawyer has been sentenced to 10 months probation for falsifying mortgage documents
The Bank of Nova Scotia has been downgraded by ratings agency Moody’s due to a focus on credit cards and auto loans rather than the lower-profit mortgage market
Canadians are shying away from investing cash according to a report from CIBC World Markets
Fears of a housing correction in Canada’s two hottest markets are unlikely to be realized. Homes in Toronto and Vancouver to continue to appreciate during 2016.
Ratings agency Fitch has completed its review of Canada’s largest lenders and has rated all but one of their outlooks as ‘stable’. See the top lenders.