Canada

CMHC’s New Management Moves To Protect Market Share Instead of Borrowers

Canada’s state-owned mortgage insurer will be loosening mortgage insurance standards. The Canada Mortgage and Housing Corporation (CMHC) announced they’ll reverse some pandemic measures. They tightened the borrower criteria for insurance at the beginning of the outbreak. Unfortunately, it did little but lost the agency market share. Their competition was more than happy to pick up […]

Top Stories

This Week’s Top Stories: Canadian Property Bubble Is Second Biggest In The World, and Buyers Disappear Faster Than Sellers

Time for your cheat sheet on this week’s top stories.  Canadian Real Estate The Canadian Property Bubble Is Now The Second Biggest In The World: Bloomberg Bloomberg ranked the world’s largest real estate bubbles, with Canada taking second spot. Topping the list was New Zealand (#1), Canada (#2), and Sweden (#3). The UK (#5) and […]