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Industry News

Reverse mortgages continue to boom in Canada

Reverse mortgages continue to boom in Canada

  • Sep 18, 2019

The reverse-mortgage sector expands by about 25% a year, says Equitable Group’s CEO


Household debt-to-income ratio continues to rise in Q2

Household debt-to-income ratio continues to rise in Q2

  • Sep 17, 2019

StatCan shows that for every dollar of household disposable income, Canadians owed about $1.74 in credit market debt


BC’s speculation and vacancy tax helps lower home prices

BC’s speculation and vacancy tax helps lower home prices

  • Sep 17, 2019

Finance Minister Carole James says that the price moderation is “a step in the right direction”


Trudeau pledges expansion of first-time home buyer incentive

Trudeau pledges expansion of first-time home buyer incentive

  • Sep 14, 2019

The prime minister announces that the incentive’s ceiling will increase for high-priced housing markets


Real estate boards join forces against mortgage stress test

Real estate boards join forces against mortgage stress test

  • Sep 14, 2019

Realtors across Canada sign a statement that calls on federal candidates to support a looser stress test


New condo prices rise in three of most expensive markets

New condo prices rise in three of most expensive markets

  • Sep 13, 2019

Ottawa, Victoria, and Montreal see price gains on a quarterly basis


Edmonton city council takes action against mortgage stress test

Edmonton city council takes action against mortgage stress test

  • Sep 13, 2019

The council writes an open letter urging federal leaders to review the stress test and other recommendations


Pace of housing starts climbs by almost 2% in August

Pace of housing starts climbs by almost 2% in August

  • Sep 12, 2019

Last month's result is much higher than economists have expected