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Rate cut prospects dim—analysts
A combination of low-interest-fueled mortgage and nonstop demand in the real estate sector is sinking the possibility of a rate cut, according to analysts
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Exports to the U.S. up by 2.6%
January 2016 marked the third straight month of growth in the export sector, highlighting its growing importance in the Canadian economy
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Housing start trend data revealed
The trend measure for housing starts in Canada holds steady in February
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Brokers applaud government vow to track foreign data
CMHC has vowed to collect additional data on foreign ownership, which will provide more information on the amount of offshore investors taking advantage of tax loopholes, according to one broker
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Technology assists, not replaces, brokers—analyst
Agents and brokers remain central to the housing industry despite the emergence of potentially disruptive real estate technology
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Toronto transactions up by 21.1 per cent
The GTA real estate market saw unprecedented sales numbers in February 2016, with prices showing a comparable increase as well
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Major divergence in Canada housing markets’ performance
Canada’s real estate markets exhibited wildly different levels of performance in the luxury housing sector, a situation that could last well into 2016
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Broker channel banks’ mortgage results revealed
We already know how the others did, but now it’s time to see how your bank partners faired last quarter
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BoC sounds alarm on email scam
The Bank of Canada warned the public of the growing risk of phishing emails, which illicitly gather important personal information
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Toronto remains red-hot despite down-payment hike
Real estate transactions went up by 21.1 per cent, despite a recent regulatory change that set required down payment for more expensive homes to 10 per cent