Ephraim Vecina - Profile and Journalist Details
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Ephraim Vecina
Verified
Journalist, Canadian Mortgage Professional
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Content
By Ephraim Vecina| whichmortgage.ca@ A growing share of homeowners in Canada’s largest urban centres currently own more than one property, according to a recent Royal LePage survey. The report found that more than 10% of Canadians own at least two homes, with the share highest in the Greater Montreal Area (12%), the Greater Toronto Area (13%), and Greater Vancouver (14%). As much as 21% of respondents in Montreal said that they used equity from their primary residence to complete the purchase.
By Ephraim Vecina| MPA - Mortgage Professional America Verified Operating revenue retreated significantly amid 2022 slowdown, report shows By 30 Jan. 2024 Canada’s real estate agents and mortgage brokers saw a substantial decline in operating revenue in 2022, according to the national statistics agency. The industry saw its operating revenue fall by 21.8% on an annual basis, retreating from 2021's record high of $26.7 billion to $20.9 billion, Statistics Canada said.
By Ephraim Vecina| whichmortgage.ca@ A growing share of homeowners in Canada’s largest urban centres currently own more than one property, according to a recent Royal LePage survey. The report found that more than 10% of Canadians own at least two homes, with the share highest in the Greater Montreal Area (12%), the Greater Toronto Area (13%), and Greater Vancouver (14%). As much as 21% of respondents in Montreal said that they used equity from their primary residence to complete the purchase.
Company Info
Canadian Mortgage Professional
Canadian Mortgage Professional is a leading B2B trade publication that serves over 31,000 mortgage professionals daily. It provides valuable news, analysis, and insights into the mortgage industry. The publication offers a daily newsletter featuring industry news, exclusive interviews, and trend analysis. It also produces special reports, including rankings like *Top Mortgage Employers* and *Elite Women*, and hosts multimedia content such as the *CMPTalk* podcast and *CMPTV* video series. Additionally, Canadian Mortgage Professional organizes significant events like the annual Canadian Mortgage Awards and the Canadian Mortgage Summit. Its audience includes mortgage brokers, lenders, insurers, and other stakeholders in the mortgage sector.
'+1 403-509-2434
Founded: 1987