Banks hurt by slower new home sales
August in Toronto was the slowest month in more than two years for new home sales, according to numbers released Monday and hinting at the effects of tighter mortgage rules. Still, it's one segment of the market brokers aren't too worried about, given historically low penetration rates with new construction.
Is ING Direct here to stay?
A Scotia-owned ING Direct may maintain its ties with the broker channel longer than many predicted, with the bank announcing it will work to double its customer base -- apparently without an expanded branch network.
Brokers prepare for agent drop-off
A softer housing market is poised to cull the number of renewing brokers in even the country’s most optimistic province, argue brokers in oil-rich Alberta, days ahead of a key deadline.
Put the blame on mortgage rules
A new report is placing the blame for a slowing real estate market squarely on the shoulders of the federal government and its move to tighter mortgage rules in July.
Friday’s funniest comments of the week
Where some of you found the time we can’t say, but you burned up our comment line this week with some of the funniest, driest witticisms in months.
Don’t let rate site popularity scare you
A new CMP article is being called the most persuasive argument for why rate sites are increasingly important to brokers, but try telling brokers that.
Broker brace for 25% price correction
There are gloomy forecasts and then there are gloomy forecasts, with a new economic report predicting a price correction nearly twice as deep as others for the Canadian housing market.
Women are from Venus, men are from Mars
Women may be from Venus and men from Mars, but in a tight real estate market, one industry veteran focused on that former group is offering brokers advice on how to better satisfy women clients.
CAAMP: Our SEO techniques are clean
CAAMP is fending off allegations it is has broken its own conduct rules with search engine optimization techniques deemed “unethical.”
Lenders divvy up FirstLine’s spoils, suggest report
The results are in, and as expected, big lenders, with the conspicuous exception of TD, have successfully divvied up FirstLine’s spoils