This is after last quarter, when Canada's five biggest banks earned more than $10 billion in collective profits
The slight lull in one of Canada’s largest condo markets may soon come to an end, with the big banks refocusing on lending in that very segment.
After fifteen years of investing in rental properties – many of those years we purchased as many as ten houses – I’ve always wondered why more mortgage brokers weren’t focused on helping real estate investors.
Big banks are increasing the level of funding for condominium developments viewing them as a lower risk than before.
The decline in home sales in Alberta was across most of the province not just Calgary.
Housing starts in the Edmonton Census Metropolitan Area were trending at 16,727 units in January compared to 14,705 in December, according to Canada Mortgage and Housing Corporation.
Hudson’s Bay Co has announced two real estate partnerships which it says will unlock the potential of its property portfolio.
Brokers are still struggling with self-employed clients for a number of different reasons.
Governor of the Bank of Canada Stephen Poloz spoke in London, Ont. Tuesday about reinventing central banking but he also tipped his cards about the possibility of a further rate cut next month.
A new report suggests consumer confidence dropped to its lowest point in Alberta last week, but agents on the ground can’t say the same.
Bank of Canada governor Stephen Poloz gave a speech at Western University yesterday but although he referred to the recent interest rate cut he was not giving any clues as to the next move.