Today's report...
• The latest from RateLand
• CMHC boosts multi-family insurance premiums
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This & That
* Wide gap: New condos in Toronto are being sold for roughly $300 more per square foot than resale units, says Jamie Johnston, owner of RE/MAX Condos Plus. "
Today's report...
• Scotia tightens mortgage underwriting
(An important follow-up to yesterday's "rumour.")
This & That
* Mortgage payment inflation is back: New mortgage payments—assuming 20% down on the average home value—have rebounded almost $400 a month. That follows a 12.1% jump in
Today's reports...
• Glasslake brings unregulated U.S.-style financing to Canada
• Housing starts are simply inadequate
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This & That