Real estate exec warns Montreal of risk to economy
Montreal’s planned reconstruction of Ste-Catherine St. must be done swiftly and with minimal disruption or its future as a major commercial artery in the city will be at risk.
Former big network broker has license suspended
The Real Estate Council of Alberta has announced an Alberta-based mortgage broker has had his license suspended for refusing to cooperate with an investigation.
Broker: CMHC should not insure collateral charges
Government interference in the mortgage industry has a history of frustrating brokers, but one leading player believes CMHC changes could be the key to reining in collateral charge mortgages.
Broker calls for higher fees to weed out part-timers
Brokers often complain about the prevalence of part-time brokers and one industry professional has suggested higher fees and emulating the real estate agent model could rectify the problem.
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IMF warns again about Canadian housing market
It’s not the first time that the International Monetary Fund has warned about the Canadian housing market but in its latest report it says that Ottawa has not done enough to cool the market.
Realtor defies TREB on housing data
Real estate agent Ara Mamourian of SpringRealty.ca has resumed sending weekly emails containing purchase prices of homes sold in his area.
Ottawa multi-family market among Canada’s most stable
Ottawa has one of the most stable and sought-after multi-family rental markets in Canada according to a report from Colliers International.
Brokers disappointed by big bank change
Brokers are voicing their displeasure with a recent change made by a big bank that will affect past and future clients.
Comprehensive economic forecast released
One of Canada’s most influential not-for-profit research organizations recently published its yearly Long-Term Economic Forecast, which include its predictions for the housing and mortgage markets for the next few years.