A cross-Canada glimpse into the state of various housing markets
With a mayoral election looming there could be consensus on the hot topic of vacant housing in Vancouver.
We know that prices are increasing faster than incomes, and we know that market conditions are attracting people to become owners, but are too many people overstretching their household finances?
Brokers who lamented the early year slump have likely made up for the lost business, according to recent stats that point to continued strong summer sales.
One industry professional is questioning why many are calling for improved underwriting standards among the big banks.
Listening is not enough – you need to actively encourage your employees to contribute, with these simple exercises
In an industry full of big characters, it can be intimidating for quieter members to contribute. But that doesn’t mean they have nothing to say.
The latest figures from Teranet-National Bank House Price Index exceeded the historic average for August, with a 0.8 per cent increase for repeat sales of single-family homes.
The average Canadian household has increased its level of debt against disposable income.
Condo developers are taking the lead when it comes to the needs of pet owners in Vancouver.
Condo owners in one development in Edmonton face the prospect of heavy fines or up to six months in jail if they fail to comply with a city order.
Broker opinion is split -- following news that CMHC is considering banks to pay a deductible before mortgage claims are paid out – with some believing the move will lead to more careful underwriting and others thinking it could result in higher fees for clients.