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Market Monitor

We keep our finger on the pulse of the mortgage investment market to provide you with the latest news and trends from our team of experts. Read our blog to get the latest on mortgage investing so you can invest with CMI.

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9 August 2012

When Lunchtime Comes, do you Buy or Bag?

Take a walk on any downtown Toronto street at just after noon on any given weekday and you’re likely to see one thing: the lunch crowd. People rushing to get to the nearest restaurant or cafe, businessmen and women scuttling by with their coffee cups tightly gripped (and maybe even a sandwich stuffed in between…

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8 August 2012
Is the Privatization of Toronto’s Trash Collection a Good Thing?

Mayor Rob Ford certainly thinks so. Yesterday marked the first day that Green For Life started taking over Toronto’s trash. And if the first day on the job is any indication, the critics who fought so hard against this privatization will have their choice of things to pick from. Like maybe the fact that it…

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8 August 2012
How did Knight Capital Glitch Affect Canada?

It was a week ago today that several of the stocks on the New York Stock Exchange were hit by a glitch caused by Knight Capital. Knight had released software (unknowingly) that could (in theory) automatically monitor algorithms on the stock market, and buy and sell electronically. But the software wasn’t ready and for 45…

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7 August 2012
Another T.O. Home Sells for Nearly Half Million over Asking

We just posted yesterday about how home sales fell in the City of Toronto over the month of July; but that doesn’t meant that there aren’t still some very hot properties on the market. In fact, one property has just sold for nearly half a million over its asking price. The home sits at 25…

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7 August 2012
Will Canadians Feel Pinch of Rising Food Costs

The past month of July was one of the hottest on record (since 1999) in Ottawa, and it broke the record for also being the driest month on record – ever. Ottawa saw just over half an inch of rain in a total of 31 days. That little rain that did come was dispersed over…

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6 August 2012
Toronto Home Sales Fall in July

There has been a great deal of talk surrounding the overheated Toronto housing market lately; and experts have predicted a 10 – 15 per cent decline in the next few years. Looking at July’s stats for this city’s market, it might seem as though that’s already happening. According to the Toronto Real Estate Board, the…

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6 August 2012
Unemployment Rate Unlikely to Drop

During all the “Toronto bubble” talk, experts and analysts from around the country weighed in on the subject and many of them kept reiterating the same points – the bubble will mean little to us if employment drops and people soon find themselves out of work. Now, despite pushing out pretty low unemployment rates, and…

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