DECEMBER 12, 2018 Home price indexes down in November in all markets except Quebec City, Halifax and Victoria In November the Teranet–National Bank National Composite House Price IndexTM was down 0.3% from the previous month.[1] A November decline is not the norm – this was only the fourth in 20 years of index history. It was the...

Happy Holidays from GeoWarehouse

Author: GeoWarehouse
December 10, 2018
Happy holidays from all of us at GeoWarehouse! We hope you have a fantastic holiday season with family and loved ones and a prosperous new year....

The Bank of Canada interest rate is staying at 1.75% for the remainder of 2018. On December 5, 2018, the Bank of Canada (BOC) announced that it would hold the overnight rate at the amount set on October 24, 2018 of 1.75%. The Bank Rate is correspondingly 2% and the deposit rate is 1.5%. In...

In 2018, York Region saw the highest percent of refinanced mortgages sourced from private lenders in the GTA. Of the five GTA regions, York Region had 21%. The next highest was Peel Region, followed by Toronto Region, then Durham Region, and, trailing behind the pack, Halton Region. While Halton had the lowest percentage of private...

December 4, 2018
We have a scheduled maintenance to our POLARIS database during the following period: Friday, December 7 at 9 p.m. EST to Sunday, December 9 at 9 a.m. EST. During this window, you will be able to use GeoWarehouse® to conduct property searches and to purchase e-store products other than statutory reports (Parcel Register, instrument images,...

December 3, 2018
We are excited to announce new enhancements for the GeoWarehouse® solution. Effective immediately, users will now be able to add several new features to their property search repertoire. Available now: Basic Client Report This new, one-page PDF report contains the most essential information. You’ll be able to get a short, but information packed, overview at...

November 28, 2018
As part of our continuous efforts to improve our platforms and address your feedback, we will be performing maintenance to our solutions from: Friday, November 30 at 10 p.m. EST to Saturday, December 1 at 2 a.m. EST. During this four-hour maintenance window, users will not be able to access the GeoWarehouse® Solution. We appreciate...

November 26, 2018
There is one real estate opportunity that seems to only be growing in popularity: selling condos. The Canadian condo market continues to boom. From 2016 to 2018, more than 14% of private mortgages came from condominiums. In June 2018, residential construction starts across Canada surged to 248,000 units, driven by condos. “While there has been...

November 23, 2018
The Canadian real estate market is in a state of fluctuation, which can make determining a listing price difficult to say the least. Between rising interest rates, mortgage stress testing regulations, uncertain house prices, increased competition, and the like, there are many factors that might be affecting your usual process for determining property value. That...

NOVEMBER 15, 2018 Home price index down in October in all component markets except Montreal In October the Teranet–National Bank National Composite House Price IndexTM was down 0.4% from the previous month.[1] An October decline is not the norm – this was only the fourth in 20 years of index history. It was also the first index...

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