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Canadian home sales down in November: CREA

Canadian home sales down in November: CREA

QUICK HITS   New national data from CREA shows home sales in Canada declined 3.3% month-over-month in November, while new listings were down 1.3%. Compared to November 2021, monthly activity declined nearly 40%, and the average home price was down 12%. According...
Nesto raises $80m to fund digital mortgage cloud

Nesto raises $80m to fund digital mortgage cloud

Canadian online mortgage lender Nesto is announcing the closing of an oversubscribed $80 million Series C financing. The round, led by IGM Financial, received support from other high-profile investors, including Diagram Ventures, Portage, NAventures, National Bank of...
B.C. housing market sees quiet November

B.C. housing market sees quiet November

Similar to the rest of the country, British Columbia’s housing market saw a slow November. According to the British Columbia Real Estate Association (BCREA) statistics, sales were down nearly 51 per cent from the same month last year and about 30 per cent below...