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Teranet–National Bank House Price Index™ up moderately in April

After a flat March, the Teranet–National Bank National Composite House Price IndexTM  rose 0.2% in April. In the 20-year history of the index it was the fourth-smallest April advance, after those of 2009 (a recession year), 2013 and 2015. There were nevertheless gains in eight of the 11 metropolitan markets surveyed: Quebec City (1.5%), Hamilton (0.8%), Halifax (0.6%), Vancouver (0.3%), Continue Reading

Purview® Potential Service Interruption

Purview® Potential Service Interruption: Please note, due to system maintenance, some Purview customers might be affected during the following periods: Friday, May 11, 2018 from 10 p.m. to midnight (two hours) Sunday, May 13, 2018 from 10 p.m. to midnight (two hours) During these maintenance windows, Purview® customers will still be able to login and use the solution, but they Continue Reading

What Does the Property Data Source Mean to You?

When you’re looking at property data, have you considered where your data is coming from? Automated valuation model (AVM) providers get their property data from different sources. For example, Real Estate Boards often source their data from the Multiple Listing Service (MLS) and municipalities often get their property data from tax records. At Teranet, we get our property data from Continue Reading

Lender Tips: What to Do When You Need More Holistic Property Data

Mortgage lenders, here at Teranet, we know bulk property data is necessary for optimizing your business, but often finding the property data you need can be tricky business. Some products offer certain property data metrics you require, but not others. Or one client requires different risk assessment than another. No two mortgage lenders are the same, just as no two Continue Reading

Purview® Service Interruption

Purview® Service Interruption: Please note, due to solutions maintenance, our Purview® services will be down during the following period: Wednesday, March 21 at 10:30 p.m. to Thursday, March 22 at 3:30 a.m. During this maintenance window, you will not be able to access our Purview® online applications, Purview for Lenders and Purview for Mortgage Brokers. We apologize for any inconvenience Continue Reading

Bank of Canada Rate Announcement Holds at 1.25% for March 2018

The Bank of Canada rate announcement on March 7, 2018 was much less dramatic than the January statement: the current interest rate held at 1.25%. For the first time in several months, the BOC referenced housing data as a factor influencing the Bank of Canada (BOC) rate announcement decision. The BOC noted “strong housing data in late 2017” and “softer Continue Reading

Purview® Service Interruption

Purview® Service Interruption: Please note, due to system maintenance, our Purview® services will be down during the following period: Friday, March 2 at 7 p.m. to Saturday, March 3 at 2 a.m. During this maintenance window, you will not be able to access our Purview® online applications, Purview for Lenders and Purview for Mortgage Brokers. We apologize for any inconvenience Continue Reading

Purview® Service Interruption

Purview® Service Interruption: Please note, due to system maintenance, we may experience a service interruption during the following period: Friday, February 2 at 10:00 p.m. to Saturday, February 3 at 1:00 a.m. We apologize for any inconvenience this may cause. Have any questions? Call 1.855.787.8439 or email purview@teranet.ca.