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Industry News

Metro Vancouver immigrants spend 54% more on housing – study

Metro Vancouver immigrants spend 54% more on housing – study

  • Feb 01, 2019

Statistics Canada finds huge homeownership price gap between new immigrants and locals in the region


CREB foresees downturn in Calgary housing market

CREB foresees downturn in Calgary housing market

  • Feb 01, 2019

The local real estate board expects lower home prices and sales in the city this year


Private lenders attract Calgary homeowners

Private lenders attract Calgary homeowners

  • Jan 31, 2019

Alberta’s economic downturn and tighter mortgage rules push Calgarians away from traditional lenders


TD taps HELOCs to push for banking dominance

TD taps HELOCs to push for banking dominance

  • Jan 31, 2019

The bank seeks to regain customers with home-equity lines of credit


New rules for private lenders not considered – Morneau

New rules for private lenders not considered – Morneau

  • Jan 30, 2019

The finance minister says mortgage stress tests on private lenders are not under consideration now


Top officials mull measures to limit private lenders’ growth

Top officials mull measures to limit private lenders’ growth

  • Jan 29, 2019

Subjecting private lenders to the same mortgage stress-test rules faced by banks is one of the considerations


RBC says severe housing downturn is unlikely

RBC says severe housing downturn is unlikely

  • Jan 29, 2019

While the probability is low, it has increased in recent months


Mortgage stress test should be tweaked now – MPC

Mortgage stress test should be tweaked now – MPC

  • Jan 25, 2019

The organization’s chief economist urges the federal government to change the mortgage rule before the election