Archive for: June 2016

Residential Market Commentary – Week of June 27th, 2016

Filed under: Mortgage - 27 Jun 2016

THINK OUTSIDE THE BOX:  Ottawa is taking another stab at figuring out how to cool the hottest parts of Canada’s housing market.

Federal Finance Minister Bill Morneau is convening a working group to do a deep dive into Canada’s real estate …

More tourists choose Alberta

Filed under: Mortgage - 15 Jun 2016

THINK OUTSIDE THE BOX:  With tourism remaining an important segment of our economy, it could also encourage spending on tourism and infrastructure-related projects which is especially important because these projects create and maintain jobs.

Last week, an Alberta-based airline reported it …

New Report Reveals Expectations of Next Generation Homebuyers

Filed under: Mortgage - 09 Jun 2016

THINK OUTSIDE THE BOX:  An influx of first-time buyers is anticipated over the next few years.

Today, Mortgage Professionals Canada released a new spring survey report, uniquely focusing on The Next Generation of Homebuyers.

The report delves into the behaviours and attitudes …

Insurer CEO on Raising Down Payments

Filed under: Mortgage - 08 Jun 2016

THINK OUTSIDE THE BOX:  Would raising down payment requirements help to cool the overheated Vancouver and Toronto markets?…. not according to Mr. Charles.

I had a chat with Canada Guaranty CEO Andy Charles today. Like most industry leaders, he’s concerned with maintaining …

Canadian bankers are calling on the government to take further steps to cool surging housing markets

Filed under: Mortgage - 03 Jun 2016

THINK OUTSIDE THE BOX:  Buy now before 5% down payments are gone?

Canadian bankers are calling on the government to take further steps to cool surging housing markets in Toronto and Vancouver.

The heads of National Bank of Canada and Bank of …