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Recent Alberta Real Estate NewsBroker Market Share – Q3 2015
Thu, 01 Jan 1970 00:00:00
Lenders’ fight for broker volume has become a little more interesting. TD Canada Trust, B2B Bank and National Bank have all made noteworthy moves in the last quarter. More on that in a second. First, here’s a look at overall broker market activity as reportedly measured by D+H: Industry-wide broker submissions rose a remarkable 11.7% year-over-year. Why is that remarkable? Because industry estimates show the overall mortgage market up by only 5.9%. As a group, the bank segment increased market share by 2.0% y/y, while mortgage banks lost 2.5%. Credit unions eked out a 0.4% increase. Mortgage banks still do the lion’s share of READ MORE
2015 Mortgage Forum Wrap-Up
Thu, 01 Jan 1970 00:00:00
Last week Mortgage Professionals Canada (formerly CAAMP) hosted the mortgage industry’s biggest annual gathering of mortgage professionals. The event took place at Metro Toronto Convention Centre, and was attended by 1,200+ brokers, lenders and suppliers. There were more than 70 Expo exhibitors and 540 attendees at the Hall of Fame/Awards Night. If you couldn’t make the event, here’s a roundup of conference highlights: CAAMP Expo Guests had two days to check out the 70+ exhibitors and their wares—not to mention seemingly endless prizes, food and more alcohol than we’ve ever seen at the Expo. (Multiple exhibitors were pouring beer and wine at their booths this year.) An READ MORE
Why a House Cracks: When to Be Concerned and What to Do
Mon, 23 Nov 2015 23:12:38
Wait… What’s that on the ceiling? Is that a crack? Is the ceiling about to cave in? What does it mean? Cracks in the foundation, ceiling or walls are worrying. Sometimes they’re signs of trouble, while often they’re just cosmetic issues. The simple ones are do-it-yourself projects. However, in certain cases you’ll need professionals to […]
Weekly Update, Nov. 20/15
Fri, 20 Nov 2015 19:33:25
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 301 (406, 437, 407) # Sales: 226 (217, 227, 249) Ratio: 75% (53%, 52%, 61%) # Price Changes: 281 (301, 364, 313) # Expired/Off Market Listings: 188 (214, 484, 199) Net loss/gain […]
Alberta Homes for Sale & Real Estate Listings
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