Fraud Awareness Month in the Mortgage Industry
Posted on Mar 07, 2023 in Mortgage News
Fraud Awareness Month
Did you know? March is fraud awareness month in the mortgage industry, which makes this is a great time to talk about title insurance!
As our insurance experts, FCT is a leading provider of title insurance and has some helpful information for you:
For those who don’t know, title fraud can impact both homebuyers and homeowners. S...
As our insurance experts, FCT is a leading provider of title insurance and has some helpful information for you:
For those who don’t know, title fraud can impact both homebuyers and homeowners. S...
BCREA Commercial Leading Indicator (CLI) Declined
Posted on Mar 02, 2023 in Market Update
CLI Falls in Fourth Quarter 2022In the fourth quarter of 2022, the BCREA Commercial Leading Indicator (CLI) dropped to 148 from 149, and the six-month moving average continued its downward trajectory. Compared to the same quarter in 2021, the index was down by 2 percent.
It is important to note that the environment for commercial real estate remains...
Vancouver Real Estate Market Update - March 2023
Posted on Mar 02, 2023 in Market Update
Below-average home sales allow inventory to inch upwards
February listing data show a continued reluctance among prospective home sellers to engage in Metro Vancouver’s housing market, leading to below-average sales activity. With sales remaining well-below historical norms, the number of available homes for sale in the region has continued inching...
Canadian GDP Update
Posted on Mar 01, 2023 in Economics
Canadian Monthly Economic Growth (Q4'2022)
Canadian real GDP declined 0.1 percent in December, the first monthly decline since January of 2022. The decline in GDP was concentrated among goods-producing industries (-0.6 percent) while services were flat. Canadian real GDP is now roughly 2.7 percent above its pre-pandemic, February 2020 level. Prelimi...
