CMHC’s 2018 MORTGAGE CONSUMER SURVEY: The largest and most comprehensive survey of its kind in Canada

“Shopping for a mortgage can be overwhelming so the more information you have, the better your experience. We’ve expanded our survey to give us greater detail on what Canadians want when looking for a mortgage and how they go about the process.We also now have more insight into important groups like millennials and first time buyers. Ultimately, our hope is to help Canadians get the most out of the mortgage shopping experience.”

CMHC resale report: multiple offer situations pushed prices higher

The Canada Mortgage and Housing Corporation published a report on the resale market last month and here are some of the highlights. You’ll note that some houses in Leslieville and Riverdale appreciated by $100,000. Housing Now – Greater Toronto Area – (excerpt from CMHC report released July 2011) Resale Market – Tight markets and high end sales push prices higher Activity within the market for existing homes remained robust in the second quarter, showing no signs of slowing down following the changes to mortgage lending policy introduced in mid-March. Sales put in their second best Q2 performance on record (behind […]