The embattled mortgage lender suffered massive year-over-year losses, but claims it has substantial capital to deploy as it looks become a major player again
If you're looking to add new employees to your brokerage, take care in your hiring process. We’re all aware of how an employment error can hit the company’s bottom line but now, one new survey is suggesting the biggest cost of a bad hire might not be financial.
Brokers have been quick to react to new CMHC data on foreign ownership of condos.
Apart from foreign ownership data the other story from the latest CMHC Rental Market Survey is a slight uptick in vacancies in the rental market.
Prime Minister Stephen Harper reassured Canadians that the federal budget will balance and tax measures and spending plans will remain despite the lower oil revenues.
Construction of new homes south of the border fell in November, chiefly due to lower demand for single-family homes.
In a first for CMHC, the Crown corporation has asked property managers to disclose the percentage of units owned by foreign investors as part of its Rental Market Survey.
Record low interest rates have kept brokers busy this year and there are no signs of slowing down on the horizon, according to one association.
Historical predictions of an oversupplied housing market caused by a mass exodus of baby boomers from their residential homes have been debunked by a new study.
Household debt increased in the third quarter but is lower than the previous estimate for quarter two.
A higher number of homebuyers are turning to alternative lenders as the big banks have tightened restrictions on mortgages.