Real Estate in the News
Canadian home prices posted across-the-board monthly gains in September, led by the Ottawa-Gatineau , Montreal and Quebec City markets, for the second-strongest September on record, data showed on Tuesday. The […]
Realtor Michelle Symons has been advising many of her clients to write letters. “I usually have my buyers write a letter to make sure that they can tell the sellers […]
Canada’s homebuilding activity remained historically strong last month even though the annual pace of starts plunged 20 per cent from August, economists said Thursday.Canada Mortgage and Housing Corp. said the […]
“If 20 per cent of mortgages under deferral eventually become delinquent in Canada, this equates to a mortgage delinquency rate of 2.3 per cent which is almost 4 times higher […]
“If 20 per cent of mortgages under deferral eventually become delinquent in Canada, this equates to a mortgage delinquency rate of 2.3 per cent which is almost 4 times higher […]
https://www.bnnbloomberg.ca/condo-listings-surge-215-in-signal-of-downtown-toronto-weakness-1.1504213?jwsource=cl Toronto’s /Montreal’s thriving housing market is beginning to show signs of strain, particularly in a condo segment suddenly flooded with new listings. September data from the Toronto Regional Real […]
This fall, loan payments unemployed borrowers kicked down the road must start being repaid again, plus interest With a six-month window for some borrowers to defer their loan payments closing […]
Loan balances still on deferral plans down to six per cent of portfolio, or approximately $1.66 billion Driving the results was a quarter-over-quarter drop in the amount of money that […]
CMHC Tightens Mortgage Loan Insurance Criteria The Canada Mortgage and Housing Corporation (CMHC) announced on June 4 that it is restricting its underwriting policies for insured mortgages. According to the CMHC, job […]
In a special report, the National Bank presents its most recent real estate forecasts for Canada in the context of the COVID-19 pandemic. Recognizing the current high level of uncertainty, economists […]
