Could A New Credit Scoring System Affect Your Ability To Borrow?

Douglas Hoyes | Posted 04.12.2017 | Canada Business
Douglas Hoyes

Equifax will combine credit histories, ratings, and mortgage information with Teranet's database of property values to offer lenders and financial institutions an assessment of a borrower's debt-to-asset value and home equity. This RESL metric will help lenders measure risk in the real estate market, allowing them to determine if they want to lend or not.

Canada's Housing Slowdown 'Seems To Have Arrived'

The Huffington Post Canada | Daniel Tencer | Posted 11.12.2015 | Canada Business

'Two housing markets' in Canada Toronto, Vancouver see nearly 10% price gain Housing bubble? Canada can handle it, Ben Bernanke says House ...

5 Canadian Cities Where House Prices Are Lower Than A Year Ago

The Huffington Post Canada | Daniel Tencer | Posted 09.14.2015 | Canada Business

House prices have been rising at a breakneck speed in Toronto and Vancouver, but most the rest of the country’s major real estate markets have been ...

Here's Where House Prices Are Rising And Falling Across Canada

The Huffington Post Canada | Daniel Tencer | Posted 08.12.2015 | Canada Business

The Teranet/National Bank house price index hit a new record high in July, largely due to strong growth in the Toronto area and Vancouver, while many ...

So Much For Toronto And Vancouver's Hot Housing Markets

The Huffington Post Canada | Daniel Tencer | Posted 05.27.2015 | Canada Business

So much for Toronto and Vancouver's incredible, incomprehensible house price growth. Prices across Canada are fizzling, and the two hottest (or former...

‘Corrections In Progress' In Most Canadian Cities

The Huffington Post Canada | Daniel Tencer | Posted 03.12.2015 | Canada Business

House prices fell in February in eight of 11 major housing markets measured by the Teranet/National Bank House Price Index. “In some markets ther...

And The Cheapest Day Of The Year To Buy A House Is..

The Huffington Post Canada | Daniel Tencer | Posted 01.14.2015 | Canada Business

The old and familiar rule of real estate is that it’s all about location, location, location. But getting a good deal on a new house — or selling ...

House Prices Up 4.4 Per Cent From A Year Ago

CP | The Canadian Press | Posted 07.14.2014 | Canada Business

TORONTO - The Teranet National Bank national composite house price index rose 0.9 per cent in June from the previous month. The increase came as pr...

This Juggernaut Just Won't Stop

The Huffington Post Canada | Posted 09.12.2013 | Canada Business

Home prices in Canada rose another 0.6 per cent from July to August, setting another all-time record, according to the Teranet-National Bank Composite...

A Housing Turnaround?

CP | The Canadian Press | Posted 06.17.2013 | Canada Business

TORONTO - The Teranet-National Bank house price index broke a string of month-to-month declines in March, rising 0.4 per cent from February, with most...

Housing Slump Over? Don't Bet On It

The Huffington Post Canada | Posted 02.20.2013 | Canada Business

With housing sales numbers stronger than expected at the start of this year, many of the more optimistic housing market observers were hoping that the...

House Price Declines Go Nationwide

The Huffington Post Canada | David Paddon, The Canadian Press | Posted 02.18.2013 | Canada Business

The total number of Toronto home sales dropped some 55 per cent in November from a year earlier, according to real estate research firm BILD. Thoug...