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Industry News

Housing affordability hits worst level in 27 years

Housing affordability hits worst level in 27 years

  • Oct 03, 2017

Vancouver remains the least affordable housing market in the country, according to RBC


Housing affordability hits lowest point in 27 years

Housing affordability hits lowest point in 27 years

  • Oct 03, 2017

Vancouver remains the least affordable market in the country, according to RBC


Central bank takes “data dependent” approach to interest rate hikes

Central bank takes “data dependent” approach to interest rate hikes

  • Oct 02, 2017

Senior official says the bank will use this method to monitor key economic issues


B.C. residents feel sting of rising debt, housing costs

B.C. residents feel sting of rising debt, housing costs

  • Oct 02, 2017

Some Greater Vancouver residents spend nearly 90% of their earnings on home ownership, report says


Housing market isn’t headed for a sharp decline

Housing market isn’t headed for a sharp decline

  • Sep 29, 2017

The market is able to withstand incremental drops in demand, analysts say


Average credit scores of mortgage holders are rising

Average credit scores of mortgage holders are rising

  • Sep 29, 2017

Most mortgages in Canada are held by borrowers with ‘very good’ or ‘excellent’ credit scores, according to a new report from CMHC


Affordable rentals are dwindling in Ontario

Affordable rentals are dwindling in Ontario

  • Sep 28, 2017

At least 1,000 rental units have been removed from the planning pipeline, according to a new report


Should punishments handed out to realtors be made public?

Should punishments handed out to realtors be made public?

  • Sep 27, 2017

One realtor in Vancouver said the practice might deter bad actors in the future