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Industry News

BC regulator halts shadow mortgage broker's fraudulent activities

BC regulator halts shadow mortgage broker's fraudulent activities

  • Jun 06, 2019

The provincial registrar of mortgage brokers issues a cease and desist order against Jay Kanth Chaudhary


Canada's housing market more vulnerable than other countries

Canada's housing market more vulnerable than other countries

  • Jun 06, 2019

Higher interest rates make it more vulnerable than other economies, according to a new HSBC report


Vancouver condo prices, sales fall in April

Vancouver condo prices, sales fall in April

  • Jun 05, 2019

Despite falling condo prices in the region, sales drop to a 10-year low


Toronto’s fast-growing population could spark housing crisis

Toronto’s fast-growing population could spark housing crisis

  • Jun 04, 2019

A recent study warns that Torontonians could find themselves “doubling up” on housing with relatives or friends


Mortgage debt manageable for most households – C. D. Howe

Mortgage debt manageable for most households – C. D. Howe

  • Jun 01, 2019

The institute says that the affordability of mortgage debt is evidence that the stress test should remain in place


BoC keeps interest rate unchanged for the fourth time in 2019

BoC keeps interest rate unchanged for the fourth time in 2019

  • May 31, 2019

The Bank of Canada says that the current rate remains appropriate given the “temporary” economic slowdown


National housing demand falls in April

National housing demand falls in April

  • May 31, 2019

British Columbia sees the largest year-over-year decline in sales-to-new-listings ratio


Scotiabank flags slow mortgage growth in its profit miss

Scotiabank flags slow mortgage growth in its profit miss

  • May 30, 2019

The bank projects low mortgage growth this year, citing a slow start to the domestic housing market