News

  • Home affordability in Canada weakens in Q1 by News

    Eroded housing affordability in the first quarter is helping explain a slower spring season for brokers in key markets, compounded by mortgage rules making it tougher for clients to qualify.

  • Toronto remains a renter’s market, despite elevated condo prices by News

    Condominium apartment rental registrations in Toronto will hit a record in 2011, keeping rental prices stable as supply continues to increase, according to a new report by Urbanation Inc.

  • High-flying stock market sends business to brokers by Vernon Clement Jones

    Lingering caution at the big banks and wealthy clients increasingly bullish on the stock market are helping brokers claim their biggest share of high-end deals in years – with a Re/Max study helping explain the phenomenon.

  • CREA's April report signifies downward trend for 2011, 2012: TD Economist by Shane Buckingham

    The Canadian Real Estate Association’s (CREA) latest statistics, which show national real estate activity fell last month nearly 15% on a year-over-year basis, signifies the beginning of a gradual correction in the housing market that could cause sales activity to fall by nearly another 10% this time next year, says TD Economics Senior Vice President and Senior Economist Craig Alexander.

  • Subprime competition heats up among lenders by Vernon Clement Jones

    Subprime lending is back, with institutional players positioning themselves ahead of the expected spike in B business.

  • Luxury home market activity picking up across Canada by News

    Once a tough-sell in the recession, luxury properties throughout much of Canada’s largest cities are finding plenty of buyers lately as the financial standing of high net-worth individuals continues to improve.

  • CMHC gives Equity Financial Trust the nod by Vernon Clement Jones

    New lender Equity Financial Trust has won CMHC approval – although that's not a signal for brokers to start sending in their A deals quite yet, said its CEO.

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