Economic forecast upgraded
New records were set in 2016 for low inventory, high prices and high-rise condo sales in the Greater Toronto Area
First-time buyers can receive up to $1,000 towards the cost of their new home under a new incentive program announced by BMO
Affordability in Vancouver and Toronto, the rental market balance in Calgary, and levels of multifamily construction in four major markets; all highlighted as significant risks to the housing market by RBC Economics
There was a 22.3 per cent year-over-year rise in condo sales in the Greater Toronto Area in the last three months of 2016 with 6,831 units sold
Average weekly wages of non-farm payroll employees in Canada increased slightly in November, up 0.8 per cent from both the previous month and a year earlier, to $961
Canada is still experiencing problematic conditions in its housing markets, report says
HomEquity Bank has reported a 26 per cent rise in reverse mortgage sales with a total of $459 million in 2016
The City of Toronto is not increasing the Land Transfer Tax for first-time buyers which could have added as much as $4,475 to the cost of buying a home
BMO has been included among a list of only 52 firms globally in the Bloomberg Financial Services Gender-Equality Index
Mortgage lenders will have access to enhanced insights into customers’ credit profiles following the release of a new multi-million-dollar technology platform