October 2019

CMHC forecasts growth in latest housing outlook

Posted on Oct 31, 2019

After seeing housing activity decline in 2018 and 2019, Canada’s housing markets are expected to recover in 2020 and into 2021, according the latest Housing Market Outlook report from Canada Mortgage and Housing Corporation (CMHC).

Bob Dugan, CMHC’s chief economist, said that all indications pointed toward modest GDP growth in 2020 and 2021 that, al...

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September Data Confirm That Housing is in Full Rebound

Posted on Oct 16, 2019

September Data Confirm That Housing Is in Full Rebound

Statistics released today by the Canadian Real Estate Association (CREA) show that national home sales rose for the seventh consecutive month. Activity rose another 0.6% month-over-month in September to 512,000 units (seasonally-adjusted and annualized). This was the highest level in 21 months a...

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Why Use a Mortgage Broker?

Posted on Oct 01, 2019

These days mortgage brokers are not for people who can not get credit but rather people choose to use mortgage brokers for their ability to shop your mortgage to ensure you have the lowest rate and to provide advice on the features and terms of the mortgage. This is usually the largest financial obligation most of us and it is important to understa...

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