The largest mortgage industry conference in Canada just wrapped up—CAAMP Mortgage Forum in Toronto. A lot of us didn’t attend and were following the progress of the conference online, and thanks to Twitter, I can share some of the highlights from the event.
“76% Canadians are confident taking on the size of their mortgage” – @CAAMPACCHA
“Younger homeowners are more emotional than older demographics. Feeling more confident and secure.” – @davieskyle
“71% of Canadians think real estate will remain stable or grow over next 5 years.” – @davieskyle
“84% of Canadians see real estate as a good long term investment.” – @CAAMPACCHA @davieskyle
“It changes the mood of the economy, if people are hesitant to purchase real estate” – @CAAMPACCHA
“…Income growth as a first time buyer, or lack there of is worrisome – in terms of a condo bubble” – @CAAMPACCHA
“It is impossible to predict a bubble in any industry with complete accuracy” – Julie Dickson, OSFI/BSIF
