No one will know if we’re in a “bubble” until it’s over. Is Canada’s “bubble” set to pop or extend for years? What does the behaviour of Canada’s property markets mean to your business?
Most would acknowledge that Canadian housing prices have risen high enough that prospective purchasers now face the risk that continued gains won’t be realized. Money is still cheap but with the anticipated rise in interest rates later this year, the recent changes around down payment rules and new taxes coming into place in Ontario and BC later in July how will the property markets respond?
With a number of sources of data available to help keep your finger on the pulse of Canadian property markets, which one provides the best view?
Robert Maughan, Program Manager - Risk Management Services, Financial Markets at Teranet Inc. will provide a macro and micro-economic view of how residential collateral is performing and how its performance could influence your risk mitigation and scoring models. Included will be a review of the Teranet-National Bank House Price Index, compared to other sources of information such as Canadian Real Estate Association (CREA) statistics and metrics at the neighbourhood level.
8:30 am - 9:15 am - Continental Breakfast & Networking
9:15 am - 10:30 am - Meeting
Please note that the location of our General Meetings has now moved to The National Club - located at 303 Bay Street (on the east side, between King and Adelaide Streets). The National Club is directly accessible by the underground PATH network from all subway stations (the closest is King station on the Yonge line) and major buildings in the area.