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Ontario Liberals’ Announcement: Making Housing More Affordable

The Ontario housing market continues to be red-hot. House prices have increased significantly because of supply and demand challenges, often leading buyers to go above and beyond asking prices, engaging in bidding wars in an effort to find housing in a market that can’t seem to meet the demand. While some homeowners have enjoyed this increase in home values and Continue Reading

Blog Series Part 2: Canadian Real Estate Market Focus: Toronto vs. Vancouver – Where to Place Your Marketing Dollars

The finance industry is competitive, especially where mortgage financing is concerned. Financial institutions spend big bucks to maintain and grow their share of the market. Canadian ‘financial services’ companies spend upwards of 100 million dollars annually on digital marketing alone. The stakes are high with regard to where to place valuable marketing dollars – especially where smaller lenders are concerned Continue Reading

Blog Series Part 1: Canadian Real Estate Market Focus: Toronto vs. Vancouver – How Do Canada’s Two Biggest Markets Differ?

Toronto and Vancouver are two of Canada’s most populated cities and have, by far, been the biggest newsmakers where real estate is concerned. Both have seen real estate markets skyrocket in recent years. While there are some similarities between these two Canadian real estate markets, there are also some important differences and the two could potentially be headed in completely Continue Reading

DMTI Launches New Location Hub® Service Featuring Teranet Data

DMTI Spatial has announced the launch of its new Location Hub® service with enhanced condo information provided by Teranet. This new report makes it easier for companies to better manage their condominium concentration risk through an enhanced condo building database. DMTI Spatial noted: “We are excited to add this enriched data source into Location Hub web services as it provides Continue Reading

The Numbers Are In: House Prices Up 0.9% in March

In March, the Teranet–National Bank National Composite House Price Index™ was up 0.9% from the previous month, the largest March rise in 10 years. This increase is attributable to four of the 11 metropolitan markets surveyed: Hamilton (+2.1%), Toronto (+1.8%), Victoria (+1.0%) and Vancouver (+0.9%). The Toronto and Hamilton gains were records for March. Increases were also strong, though below Continue Reading

2016 Canadian Real Estate Market Trends Review and 2017 Real Estate Market Predictions

2016 was certainly eventful as far as the Canadian Real Estate market is concerned. The Teranet–National Bank National Composite House Price Index™ reported increases for 10 consecutive months for home prices right up to December 2016. These increases occurred despite major changes to mortgage lending rules that saw many industry experts speculating a negative impact on the real estate market Continue Reading

Property Valuation 101 – The Area is as Important as the Property

Lenders in Canada invest significantly in underwriting tools to be able to ensure that when they fund a deal, they know what the value of the security pledged is. This occurs by investing in technology that facilitates the ability to pull comparable sales, run automated valuation models, as well as through drive-by and full property appraisals. These technologies and resources Continue Reading

Are You Ready for Fraud Prevention Month?

March 2017 will kick off Canada’s annual Fraud Prevention Month. During the month, everyone from banks to government to law enforcement will release useful information to aid in preventing fraud. Fraud costs consumers and financial institutions billions of dollars annually. In fact, last year there was an article released by CBC news that tagged the top 6 consumer fraud scams Continue Reading

Scheduled Maintenance for Purview

Purview® will be undergoing system maintenance during the following period. Friday March 17th 10:00PM to Saturday March 18th 4:00PM During this time, you may notice service disruptions specifically while searching for parcel registers and instrument images. Please ensure you run any critical reports in advance of this maintenance period. We apologize for any inconvenience this may cause. Have any questions? Continue Reading