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OSFI is reinforcing a strong and prudent regulatory regime for residential mortgage underwriting
[Source: OTTAWA - October 17, 2017 - Office of the Superintendent of Financial Institutions Canada] Today the Office of the... read more
Broken Supply Chains by Steve Saretsky
Steve Satetsky Group - January 17, 2021 As of this week, unvaccinated US truckers will not be able to cross... read more
Prices surge for B.C. recreational properties as people ‘re-evaluate their lifestyle’
[Vancouver Sun - December 8, 2020] There is a surge in interest and prices for recreational properties across B.C., especially... read more
TD becomes first major bank to hike fixed five-year mortgage rates amid surge in bond yields
[Globe and Mail - February 26, 2021] Bay Street expected higher interest rates – but not this high, this fast.... read more
A tax on home equity would hurt Canadians during the best of times — but right now it would be reckless
[The Star - August 15, 2020] Every so often, an idea comes along that is so out of touch and... read more
Canadian Real Estate and the New Mortgage Rules
[Re/Max - July 1, 2020] Canadian real estate has been a tough nut to crack for some homebuyers, and those... read more
Bank of Canada doesn’t see housing bubble but it’s watching out, deputy governor says
[Yahoo Finance - December 10, 2020] TORONTO — A deputy governor of the Bank of Canada says the central bank... read more
Vancouver real estate: home across Trout Lake listed $1.7 million, sells $870,000 over asking for $2.6 million
[Georgia Straight - February 28, 2021] The Straight has previously reported about homes selling over $500,000 on top of their... read more
First-time home buyers big winners in budget, but will incentives work in B.C.?
[Vancouver Sun - March 19, 2019] The federal budget offers incentives aimed at making housing more affordable for first-time buyers, but it... read more
Government is why housing in Canada is unaffordable and more taxes won’t help
[Financial Post - August 5, 2020] Opinion: A home equity tax would be but the latest example of politicians using... read more