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Changes to Mortgage Underwiriting

OSFI Announcement of Change to Mortgage Underwriting – October 17, 2017 The Office of the Superintendent of Financial Institutions (OSFI) announced new restrictions on uninsured mortgages today. Effective January 1, 2018, all home-buyers with a down-payment of...
Canadian home sales edge up again in September

Canadian home sales edge up again in September

Ottawa, ON, October 13, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales in September rose modestly from the previous month but remained down from levels recorded one year ago. Highlights: National home...

Royal LePage Q3 House Price Survey

Expanding Regional Economies to Lift Home Prices in Canada’s Major Markets October 12, 2017 Shorter than anticipated housing market correction puts Toronto back on track  Highlights: Toronto to have a shorter housing correction than seen in Vancouver Tighter access to...

BC Home Sales Higher in September

BC Home Sales Ratchet Higher in September Vancouver, BC – October 12, 2017. The . The British Columbia Real Estate Association (BCREA) reports that a total of 8,340 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September, an increase...