An understanding of market share in specific markets can help a lender adjust their strategies to become more competitive and grow. The Real Estate Lending Product team at one of Canada’s Big 6 banks wanted to gain insight into how they were performing from a market share perspective in Ontario’s most active markets.
The Teranet Solution
As subscribers of Teranet’s LendView market intelligence solution, the team used LendView to determine their current market share in cities with the most opportunity.
Click here to learn how this customer used LendView to garner insights about who they were losing mortgage volume to.