CIBC is over-exposed to mortgage market says analyst
The Big Six banks began reporting their latest financial results this week and CIBC revealed figures that exceeded expectations.
More Canadians are insolvent says report
There was a rise in bankruptcies and proposals to creditors in September, the latest month’s stats released by Bankruptcy Canada
Foreign ownership still low says CMHC
The share of foreign ownership of Canadian condos remains low, CMHC says, with Toronto at 2.3 per cent and Vancouver at 2.2 per cent
BC voters unimpressed with government housing policy
The provincial government in British Columbia is doing a bad job handling housing, homelessness and poverty
Real estate contributing more to the economy
Canadian GDP data for September was boosted by the construction and real estate, rental & leasing sectors
The true state of foreign ownership
CMHC released its 2016 Housing Insight Report, revealing how many foreign buyers there are, what they're buying, and where.
CMHC insured mortgages increase 26 per cent, home equity rises
There was a 26.8 per cent rise in the number of mortgages backed by insurance from the Canada Mortgage and Housing Corporation in the third quarter of 2016
British Columbia home sales, prices set to ease in 2017
Home sales in British Columbia will ease next year following the record pace set in 2016 according to a new forecast from the BC Real Estate Association
OECD warning over Canada’s overvalued housing, high debt
International economic think tank OECD says the Canadian economy is generally in good shape heading into 2017 but has again raised concern about house prices and household debt
Financial regulator urges constant vigilance from mortgage lenders
Financial superintendent warns mortgage lenders about becoming complacent.