We have assembled a collection of thought provoking articles, reports, surveys, industry information, and other interesting content for your enjoyment.
by Yvonne von Jena | December 22, 2017
According to RBC’s latest Housing Trends and Affordability report, Toronto, Vancouver, and Victoria home buyers are not experiencing any relief from housing affordability. As a result, RBC’s housing affordability measure eroded for a ninth consecutive quarter in Canada to its worst level since the end of 1990.
by Yvonne von Jena | December 13, 2017
The Royal LePage House Price Composite, which measures home prices in 53 key Canadian cities and is powered by RPS, is expected to increase by 4.9% in 2018 to $661,919 in the face of a series of measures aimed at affordability challenges in Greater Vancouver and the Greater Toronto Area (GTA).
by Yvonne von Jena | December 1, 2017
Today the Toronto Real Estate Board (TREB) lost its Competition Tribunal appeal, and the court ruled that Toronto-area real estate agents can publish price details.
by Yvonne von Jena | November 28, 2017
Yesterday was the 3rd Annual Canadian FinTech and AI Awards Gala, which were hosted at the Carlu in Toronto. This year’s large turnout as well as the number of great nominees and presenters, point to continued growth and success of the sector. It also points to the broader involvement from across the country and how Canada is increasing its rank in the global FinTech sector.
by Yvonne von Jena | November 23, 2017
Recently Maclean’s published a set of articles on the expected impact of AI entitled, Is Canada ready for the radical change artificial intelligence (AI) will unleash? It’s an interesting question, and the answer is one with “Orwellian scenarios” with AI much “closer than most people realize”.
by Yvonne von Jena | November 20, 2017
The Office of the Superintendent of Real Estate of British Columbia (BC OSRE) is introducing new rules that will prohibit B.C. realtors from representing both the buyer and seller on one deal. BC is the first province to enact this kind of restriction but others may follow. For example, in April this year Ontario proposed introducing such a ban.
by Yvonne von Jena | November 13, 2017
Regulators are concerned that home equity lines of credit (HELOCs), which they believe was an important driver behind the expansion of household debt over the last two decades, can lead to potential macroeconomic risks when combined with increasing interest rates in the coming years. There are pockets of added risk, as well as bright spots, and regulators are signaling areas where they may intervene.
by yvonne vonjena | October 23, 2017
Canada's banking regulator has moved ahead with its new mortgage stress-testing rules on low ratio mortgages. Here are 10 consequences that experts say is in store for the housing and lending market under the new rules.
by Yvonne von Jena | October 5, 2017
This year’s Digital Mortgage Conference in San Francisco provided good insights into the future of digital mortgages. The most meaningful of these is captured by Robert McLister in his article on the event, that is “the tipping point is near”.
by Yvonne von Jena | September 29, 2017
According to RBC’s latest Housing Trends and Affordability report, policy actions had not yet curbed Toronto’s escalating prices in the second quarter of 2017, while ownership costs in Vancouver are on the rise again after back-to-back declines. As a result and overall, Canadian housing affordability eroded for an eight consecutive quarter to reach worst level since 1990.