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Industry News

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


Reverse mortgage, HELOC debts continue to grow in June

Reverse mortgage, HELOC debts continue to grow in June

  • Sep 12, 2019

Both debt segments see an increase on a monthly and annual basis


Mortgage fraud emerging among millennials – survey

Mortgage fraud emerging among millennials – survey

  • Sep 11, 2019

An Equifax survey shows that almost 20% of millennials admit to having lied on a mortgage application


Canada's housing market near bottom of global ranking

Canada's housing market near bottom of global ranking

  • Sep 10, 2019

Canada has the eighth-slowest price growth out of 56 national housing markets


Tiny homes could soon come to Edmonton

Tiny homes could soon come to Edmonton

  • Sep 10, 2019

Homes under 400 square feet can already be built in the city as long as they meet the conditions


Bank of Canada defies interest-rate cut predictions

Bank of Canada defies interest-rate cut predictions

  • Sep 06, 2019

The central bank leaves its benchmark interest rate at 1.75% for the sixth time this year