“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/in-echo-of-toronto-condos-start-flooding-the-market-in-montreal-1.1505074?jwsource=cl It’s not just Toronto. Montreal is seeing a flurry of condos being put up for sale, suggesting the city’s housing boom may be fading as the effects of 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 […]
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 […]
According to the Conference Board of Canada, the proportion of Quebecers who felt that the time was right to make a major purchase, such as a property, increased to 22.4 per cent in […]
The CMHC Expects Property Prices to Fall Significantly in 2020 In a special edition of the Housing Market Outlook, the Canada Mortgage and Housing Corporation (CMHC) presents its forecast for how […]
