New home prices spike in May while sales slip following release of Ontario’s housing plan
For the first time in over four years the Bank of Canada has changed its target for the overnight rate, which may come as a surprise to brokers.
Brokers have come to expect warnings from FSCO about unethical behaviour in the mortgage industry, but this latest bulletin might just be a first.
A match-making website encouraging Realtors to bid for the right to represent a client is drawing mixed reviews from sales reps – could a similar version soon follow for brokers?
Last year saw the gap between the cost of condos and houses in Toronto widen to a record high last year.
Those trying to afford a new home in Calgary have been given a boost by developer Partners Development Group which has offered 10 per cent of the homes in one of its latest condo buildings to Attainable Homes Calgary Corporation.
A new report from the Conference Board estimates that the federal government will lose more than $4 billion in revenue from the lower oil price and the provinces will see a drop of around $10 billion from lost royalties and tax revenue.
Ottawa, Vancouver and Toronto are all predicted to see a rise in vacancy rates for offices in the coming years according to a new report.
One major bank may have wanted to hold off on its prediction for one Canada’s hottest housing markets until after the Bank of Canada announcement.
A Canadian broker network has developed a tool that will help clients prequalify for mortgages quicker and easier, and get them directly in touch with brokers.
Beat the 'interruption culture' and not only will you work harder, you'll be more innovative.