Canadian Housing Starts Exceed End-of-Summer Expectations TORONTO – According to new figures from the Canada Mortgage and Housing Corporation (CMHC), nationwide housing starts experienced an unexpected boost last month – fuelled…
First-Time Buyers Driving Property Markets: CAAMP TORONTO – A new survey-based report, issued by the Canadian Association of Accredited Mortgage Professionals, has revealed new insights on the decision-making process, as well…
Mortgage Primes Lowered as Bank of Canada Trims Overnight Rate TORONTO – Mortgage-seeking Canadians caught a bit of a break on July 15, as the Bank of Canada announced it was lowering its overnight rate…
Remembering “Noble & Wolf v. Alley” Federal government honours landmark ruling against discrimination in real estate LONDON – Long regarded as one of the Canadian real estate industry’s most memorable milestones,…
CMHC to Increase Insurance Premiums for Some Mortgages TORONTO – Effective June 1, 2015, home buyers planning to shell out a down-payment of 10 per cent or less will be facing slightly higher…
“Lower Borrowing Costs” Spurring February Sales Boost: TREB TORONTO – Through the first half of February, the GTA’s temperatures may have been chilly but its real estate market certainly wasn’t – with a…
BoC’s Key Interest Cut Spurs Banks to Lower Prime Rates EDITOR’S NOTE: This article, originally published on January 27th, was updated on January 28th to reflect new developments in this ongoing story. TORONTO – For Canadian…
Market Update: CREA Reports Hottest Spring Market in Years New home sales help fuel strong rebound after long winter GREATER TORONTO – After one of the longest and coldest Canadian winters in recent memory,…
CMHC Eliminates Two Mortgage Insurance Programs OTTAWA – Some Canadians may have a harder time insuring their mortgages from June forward, as the Canada Mortgage and Housing Corporation (CMHC) is moving…
