Teranet news

Brokers argue there aren’t enough ramifications to deter brokers from falsifying documents, but some suggest reporting them to a database such as REDX is a good start

The best of the spring market may be behind brokers, according to recently released data.

Brokers often complain about slow deal turnaround times, but one industry partnership will look to speed up the underwriting process for monolines.

There was something of a turnaround in house prices in March following decline in February.

With the CMAs just around the corner, we are continuing to roll out our list of finalists, including those who are up for the brand new “Diversifyer of the year” category.

Hilliard MacBeth is an Edmonton-based portfolio manager with Richardson GMP Ltd. He also wrote a book, called When the Bubble Bursts: Surviving the Canadian real estate crash, and thinks the market is overvalued by up to 50 per cent.

The level of household debt in Canada rose to 163.3 per cent of disposable income in the fourth quarter of 2014.

February marked the fourth straight deceleration of the country’s housing price index, an early sign of cooling housing markets across the country, despite a 4.4 per cent increase over the same period last year.

A January rise in home prices broke a two-month decline, according to Teranet’s House Price Index, the research body said on Thursday, essentially cancelling out equivalent declines in December.