May 21, 2019
How do you perform your condo searches? Just like any other property, condo searches are helpful for finding the latest opportunities and offerings for your clients. But it can sometimes be difficult to search for a condo in the same way you would for another property. Even if you know where a building is located,...

May 14, 2019 April: Eighth consecutive month without a rise in the composite index In April the Teranet–National Bank National Composite House Price IndexTM was flat from the previous month.[1] Apart from the 2009 recession period, it was the first April in 21 years of index history in which home prices showed no rise. And...

Open houses aren’t just for the physical world any more – have you considered using a digital open house? Hosting online Open Houses using Facebook and Instagram Live is an excellent way to: Enable more people to attend because it’s more convenient. Interact in the chat thread and answer questions as a reference point for...

May 6, 2019
With major advances in technology, we’ve seen leaps and bounds of growth in the capacity of real estate tools – which is good news for anyone working in the industry! Gone are the days of lengthy, paper-heavy trails (at least for some services). There are three tools in particular that you may not know you...

Congratulations to Teranet Inc., who took home the Centum Award for Industry Service Provider of the Year at the 2019 Canadian Mortgage Awards! This award recognizes the mortgage industry service provider that that adds the most value to its customers’ businesses. Teranet’s tools for real estate professionals include GeoWarehouse, which makes it effortless to obtain...

According to the Bank of Canada (BOC), the Canadian housing market could be looking up in 2019. At the April 24, 2019 interest rate announcement, the BOC maintained the overnight interest rate at 1.75%. This was due to several factors, including global trade uncertainty, the decline in oil prices, and “weaker-than-anticipated” housing and consumer consumption....

It can be difficult to perform property appraisals in the current housing market when conditions are changing so rapidly. An appraiser’s job is tough because you may be able to see the changes coming up in the marketplace before the data even reflects it. But data is what you have to rely upon to produce...

April 15, 2019
Is there a housing affordability crisis in Toronto? Recent news reports certainly seem to be leaning that way, but is that what’s really going on? We’re breaking down the stats to look at the Toronto real estate market and what the data has to say about housing affordability. It’s now more expensive to buy than...

LendView™, Teranet’s exclusive competitive mortgage market intelligence solution, is an exclusive tool that uses real estate data to articulate lenders’ position within the Ontario mortgage marketplace. Real estate professionals can use LendView™ to access first-to-market, comprehensive insights into each lender’s market position through rich and intuitive data visualizations. Available report dashboards include: Mortgage Registration Geographic...

April 12, 2019 The Composite Index down for a sixth month in a row in March In March the Teranet–National Bank National Composite House Price IndexTM was down 0.3% from the previous month.[1] Apart from the recession year 2009, it was the first March decline in the 20 years of index history. It was also the sixth...

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