National Housing Market Softens in January: CREA

The Canadian housing market softened in January, according to the latest figures from the Canadian Real Estate Association (CREA), with fewer sales and lower prices compared to January 2017. The national average price fell by 5.5% year-over-year to $455,000 (excluding the Greater Toronto and Vancouver areas, the average property price is $360,000). “Sales, market balance…

Another Step Towards Open Banking

Imagine not having to manually provide income and down payment documents on all of your prime mortgage applications, but rather a process that handles that automatically. That dream will become reality, guaranteed. It’s merely a matter of when. And “when” may be sooner than we think as companies like Flinks change how mortgages are processed.…