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Industry News

Ontario regulator fails to check on risky mortgage brokers

Ontario regulator fails to check on risky mortgage brokers

  • Feb 28, 2019

Reuters reports that FSCO has not yet completed any of the five on-site examinations it planned for this fiscal year


Housing crisis hurts BC’s growth – premier

Housing crisis hurts BC’s growth – premier

  • Feb 28, 2019

Premier John Horgan says the shortage of affordable housing threatens the province’s growing economy


HELOC demand rises despite housing market slumps

HELOC demand rises despite housing market slumps

  • Feb 28, 2019

A rating company says increasing HELOC borrowing exposes the country’s financial system to vulnerabilities


Canadian housing market set for years of tamed price hikes

Canadian housing market set for years of tamed price hikes

  • Feb 26, 2019

A recent Reuters survey projects that home-price hikes over the next two years will not surpass overall inflation


Home-buying patterns in GTA move west

Home-buying patterns in GTA move west

  • Feb 26, 2019

A recent RE/MAX report says market share rose in Halton Region and Toronto West over the past five years


Ontario, BC foreign buyers’ tax drives Montreal luxury sales surge

Ontario, BC foreign buyers’ tax drives Montreal luxury sales surge

  • Feb 23, 2019

A new report says that the tax measure has moved the demand for luxury property from Toronto and Vancouver to Montreal


Most real estate markets see further cooling from last year

Most real estate markets see further cooling from last year

  • Feb 21, 2019

The sales-to-new-listings ratio (SNLR) drops in most parts of the country


Average home price down by 5.5% in the past year – CREA

Average home price down by 5.5% in the past year – CREA

  • Feb 20, 2019

The realtor group says home prices have plunged in many markets