Canada is tightening standards for mortgages over worries about rising home prices, with the Greater Toronto Area, Hamilton and Montréal markets particular causes for concern.
Source: Inman News
Canada tightening mortgage standards as home prices soar
Published in Bank of Canada, Benjamin Tal, canada, Chrystia Freeland, Hamilton, International, Markets & Economy, Montreal, Mortgage, Regulations, Select, Tiff Macklem and toronto
More from Bank of CanadaMore posts in Bank of Canada »
More from canadaMore posts in canada »
- Engel & Völkers’ CEO: ‘We’re focused on culture over indiscriminate scale’
- Trump tariff policy has soured Canadian interest in US properties
- Next question for Opendoor: ‘Kill agent partnership,’ or work with real estate pros?
- Homebuilders cry ‘uncle’ as duties on Canadian lumber hit 27%
- RE/MAX stays profitable as US agent count, revenue decline
More from Chrystia FreelandMore posts in Chrystia Freeland »
More from HamiltonMore posts in Hamilton »
More from InternationalMore posts in International »
- Corcoran makes key move in international expansion with new outpost in Europe’s finance hub
- Trump tariff policy has soured Canadian interest in US properties
- American woman wins $300K Irish home for price of 2 coffees
- CoStar Group to acquire REA Group competitor Domain for $1.9B
- Broker Spotlight: Miled Buentello, The Agency Valle de Bravo
More from Markets & EconomyMore posts in Markets & Economy »
- Is the mortgage lock-in effect ending? These numbers offer clues
- Pending home sales jumped 4% in August in positive market signal
- Hopeful but wary, agents report slippage in listing pipelines: Intel
- Here are the stories you missed amid the Compass coverage
- Former agent convicted of swindling woman out of her home
More from MontrealMore posts in Montreal »
- HGTV who? TikTok, not reality TV, took this broker’s business to another level
- Oh Canada: Luxury market poised for continued normalization
- The Agency expands into Montreal with new franchise
- Canadian luxury market beginning to normalize: Engel & Völkers
- Airbnb now has more listings than before the pandemic
More from MortgageMore posts in Mortgage »
- Supreme Court not ready to let Trump boot Fed Governor Lisa Cook
- Better Mortgage seizes the day on Wall Street with $75M raise
- Is the mortgage lock-in effect ending? These numbers offer clues
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Enduring elegance: Leadership lessons from Giorgio Armani
More from RegulationsMore posts in Regulations »
- Supreme Court not ready to let Trump boot Fed Governor Lisa Cook
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Lenders getting a jump on higher 2026 conforming loan limits
- Trump asks Supreme Court to remove Fed Governor Lisa Cook
More from SelectMore posts in Select »
- What the Compass-Anywhere deal means for the future of MLSs
- A mega-team goes indie, and other big-time real estate moves
- Zillow bashes CoStar in request to transfer lawsuit
- In copyright battle with Zillow, CoStar says the portal giant ‘brazenly’ keeps at it
- Douglas Elliman launches national Estate, Trust & Probate Division
More from torontoMore posts in toronto »
- Mortgage Automator integrates Usio’s payment processing suite
- Canadian reality TV brokerage makes its US debut in South Florida
- Council of Multiple Listing Services CEO to step down
- Christie’s Real Estate names Gavin Swartzman as next president
- LPT Holdings launches luxury firm Aperture Global Real Estate
Be First to Comment