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What a Stabilizing House Price Index Means for Canadian Mortgage Professionals

On June 13, 2018, the latest Teranet-National Bank House Price Index came out with the figures for the previous month. And what it showed is that house prices are stabilizing. The May 2018 House Price Index was up 1.0% from the previous month and the last monthly gain is one tick less than the May average of 1.1% over the Continue Reading

Purview® Service Interruption

Purview® Service Interruption: Please note, our Purview® services will be undergoing a maintenance update during the following period: Friday, June 15 at 9 p.m. to Saturday, June 16 at 1 a.m. During this maintenance window, you will not be able to access our Purview® Direct Web Services, Purview for Lenders, or Purview for Mortgage Brokers. We apologize for any inconvenience Continue Reading

The Stabilization of Home Prices Confirmed in May

In May the Teranet–National Bank National Composite House Price IndexTM  was up 1.0% from the previous month. This confirms the index stabilization following the downward trend that prevailed over the second half of 2017. The last monthly gain is one tick less than the May average of 1.1% over the 20 years of index history. The monthly advance was led by the Continue Reading