Market Update

  • Former mortgage broker jailed for 4.5 years by Steve Randall

    A former Calgary mortgage broker was jailed for 4.5 years Thursday after a court found him guilty of 23 counts of theft and fraud last year

  • BC housing plan to cut sales, prices says TD economist by Steve Randall

    Many of the housing-focused measures announced in the British Columbia budget this week will have a more muted impact than those implemented in recent years; but there will be a decline in both sales and prices

  • CMHC warns of overvaluation, overbuilding by Steve Randall

    The latest assessment of Canada’s housing market by the Canada Mortgage and Housing Corporation has sounded warnings of overvaluation and overbuilding in some areas

  • Consumer confidence continues lower by Steve Randall

    The decline in confidence among Canadian consumers continued last week according to the Bloomberg/Nanos Canadian Consumer Confidence Index

  • BC ministers’ real estate windfall by Steve Randall

    Some members of British Columbia’s provincial government are reaping the rewards of the growing real estate market while opposed to measures that would cut prices according to a report by CTV News

  • Bank of Nova Scotia downgraded by Steve Randall

    The Bank of Nova Scotia has been downgraded by ratings agency Moody’s due to a focus on high-profit credit cards and auto loans rather than the lower-profit mortgage market

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