Real estate prices continue to rise despite recent regulatory changes that have been intended to cool down the national housing market
Analysts attribute rise to significant gains in high-demand areas like Vancouver and Victoria
Canadian home prices are set to rise a little over 5 percent this year and 2 percent in 2016 despite a slowdown in activity as the economy weakens, a Reuters poll found.
Brokers argue there aren’t enough ramifications to deter brokers from falsifying documents, but some suggest reporting them to a database such as REDX is a good start
The best of the spring market may be behind brokers, according to recently released data.
Brokers often complain about slow deal turnaround times, but one industry partnership will look to speed up the underwriting process for monolines.
There was something of a turnaround in house prices in March following decline in February.
With the CMAs just around the corner, we are continuing to roll out our list of finalists, including those who are up for the brand new “Diversifyer of the year” category.
Hilliard MacBeth is an Edmonton-based portfolio manager with Richardson GMP Ltd. He also wrote a book, called When the Bubble Bursts: Surviving the Canadian real estate crash, and thinks the market is overvalued by up to 50 per cent.