Market update

  • RBC offers ‘employee pricing’ mortgages by Jamie Henry | 06 May 2014

    The Royal Bank of Canada is taking a page from auto dealers by offering “employee pricing” to home buyers, reports The Financial Post. read more

  • Toronto home prices up 13% by Jamie Henry | 06 May 2014

    The average price of a home in the City of Toronto hit close to $1 million in April as the GTA continues to be plagued by a shortage of new listings, according to the Toronto Real Estate Board. read more

  • CMHC business shrinking by Jamie Henry | 06 May 2014

    The nation’s largest provider of mortgage default insurance keeps shrinking and that seems to be okay with the people now running Canada Mortgage and Housing Corp., reports The Financial Post. read more

  • Tips to protect property when severe weather strikes by Jamie Henry | 05 May 2014

    As Emergency Preparedness Week begins, Insurance Bureau of Canada (IBC) offers suggestions for how homewoners can protect themselves, their homes from the effects of severe weather. read more

  • Private MIs opt not to match CMHC’s cuts by Jamie Henry | 05 May 2014

    Canada’s two private-sector mortgage insurers have decided not to match all of Canada Mortgage and Housing Corp.’s recent product cuts, reports The Globe and Mail. read more

  • Change policies on zero-net homes by Jamie Henry | 05 May 2014

    A contractor in Newfoundland says the provincial government needs to make a change to its policy to allow homes to sell power back to the grid, reports CBC.ca. read more

  • Condos may be shrinking out families by Jamie Henry | 02 May 2014

    A lack of family-friendly condos are being built in Canada’s most populous city could be a problem, reports The Globe and Mail. read more

  • CMHC moving toward privatization? by Jamie Henry | 02 May 2014

    The Canada Mortgage and Housing Corp.’s decision to cut back its mortgage default insurance coverage was likely directed by the department of finance, reports the Financial Post. read more

  • Mortgage insurance fees sting by Jamie Henry | 02 May 2014

    The hike in mortgage insurance premiums isn’t a dealbreaker for new home buyers, but it doesn’t help, reports The Calgary Herald. read more

  • Low rates have positive impact: report by Jamie Henry | 01 May 2014

    Lower mortgage rates had a favourable effect on affordability, according to the latest Desjardins Affordability Index (DAI), an analysis of the Economic Studies of Desjardins Group. read more