Rent rates surge, Household spending to decline, Keeping clients happy, Ontario housing bill criticized, Canadian Mortgage Summit, More

Keeping your head – and your business – above water

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18 November 2022

Top news Keeping your head – and your business – above water In today's economic situation, do these five things to stay top-of-mind with clients Rent rates on a steady rise across Canada Rental costs in October surpassed pre-pandemic highs, new report says Reduce your marketing outlay and still reach over 10,000 mortgage pros Join the 24/7 online trade show that is BHBTV. The industry's number one learning and streaming platform for the housing industry BHBTV Poll: Household spending likely to be muted as holidays draw near Expected holiday expenses per capita remain far short of pre-pandemic highs, new survey says Ontario housing bill could short municipalities by $5bn, says AMO The province has offered 'no evidence' that bill will improve affordability, according to organization Canadian Mortgage Summit – Don't Miss Out! The Canadian Mortgage Summit is bringing together the industry's top mortgage brokers, lenders, and solution providers for a day dedicated to strategic learning. Canadian Mortgage Summit Canadian Mortgage Summit – Breaking out of the box Learning how to maximize the wealth of options available in the current market is a must for the successful broker New bill hopes to solve Canada's perennial supply-chain issues The proposed legislation was tabled by federal transport minister Omar Alghabra NHS Solutions Labs announces latest funding recipients The federal government's collaborative innovation program has entered its fourth round of funding Leading lenders on the value of specialized lending solutions Executives talk current market, what brokers should keep top of mind CWB Optimum Mortgage & Community Trust International news UK house prices due to fall by 9% until 2024 – OBR Significantly higher mortgage rates and the wider economic downturn will drive the house price drop Mortgage rates dip below 7% for first time in months The numbers have improved but are far from stable Wellington house prices see record-breaking fall "October marked a massive turning point for the region," property sales director says Rates to go up again next month New data "rubber-stamps" higher interest rate to this new recent high

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