Brennan Wood, a partner at Foundry Mortgage Capital, says he noticed the phone ringing non-stop after winning a Canadian Mortgage Award
Interest rates in Canada will increase in May 2015 and rise steadily thereafter.
A poll of forecasters by Reuters shows a consensus that next year will see a slowdown in housing construction and prices but are still fearful of a market crash.
While some may not like the idea of living in an area where fracking is taking place, the boom in the practice could lead to extra housing demand.
The latest figures on house prices south of the border show a decline in growth.
The latest arrears numbers from CMHC could be pointing an accusatory finger at some Western brokers at the same time they appear to pat others on the back for their advice to clients.
Professionally, mortgage brokers and financial advisors often work side-by-side as referral partners and peers, but their personal investment portfolios are anything but equal, according to a CMP lifestyle study.
The Canada Mortgage and Housing Corporation has released its analysis of house prices and concludes that while there is some overvaluation, there is little risk from overheating or overbuilding.
A new study suggests that more retirees are choosing to shun downtown condo living in favour of a home in the suburbs.
The weekly Bloomberg Nanos Canadian Confidence Index has fallen again to a 9-month low.
Although there have been reports recently suggesting that Calgary’s office market may be stagnant, it has made the top 10 in a list of North America’s best office markets.