The Canadian fintech Bloom Finance Co. Ltd. expanded the availability of its reverse mortgage release platform to homeowners ages 55 and older in Alberta. The expansion follows Bloom’s launch in Ontario in 2021 and British Columbia in 2022. Bloom is the first...
Home sales were up in Canada during June, according to new data from the Canadian Real Estate Association (CREA). Sales were up 1.5% month-over-month and up 4.7% year-over-year during June. Buyers had a wider selection of properties to choose from – the number of...
Canada Mortgage and Housing Corp. has launched an application portal for the Housing Accelerator Fund (HAF). The HAF is a $4 billion initiative designed to provide funding to cities, towns, and indigenous governments to develop new housing supply, with the goal of...
Housing starts in Canada were down for the seventh consecutive month, according to data from the Canada Mortgage and Housing Corp. (CMHC). The standalone monthly seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada declined 23% in May...
New York City-based Forbes Global Properties has announced residential specialist Bennett Property Shop will exclusively represent its brand in Ottawa, making it the company’s third brokerage in Canada. Marnie Bennett founded Bennett Property Shop in 2012 after nearly...
Equifax Says Nearly 2,000 Mortgage Firms Used Its VantageScore Offer
