Pre-sale new homes hitting the Metro Vancouver market will spike in 2018 following a roadblock in the approvals process last year that caused some to be delayed. Approximately 62 projects … [read more]
All five of the major Canadian Banks, BMO, CIBC, Royal, Scotiabank, and TD, raised interest rates on their bank prime rates by a quarter percentage point. There is no difference … [read more]
Canada’s real estate market will hit a slow patch in 2018 as tighter mortgage stress tests apply pressure and the impact could be exacerbated if the latest Bank of Canada … [read more]
Although being a landlord is a great way to invest in real estate, it comes with hands-on hassles that not everyone wants to deal with. The so-called “plugged toilets in … [read more]
Yep, these things will require you to spend some cash up front but won’t it be worth it when your house sells faster and for more money? Try these three … [read more]
Fears of a new condo shortage in Vancouver have eased slightly as mandatory registrations of new strata units with BC Housing for warranty insurance increased through the second half of … [read more]
Having a home to your name is the best thing you can have but getting from the homeownership dream to actually owning a home is a tough journey. With financial … [read more]
Home inspections are crucial in any housing transaction, but for an investment property they can go a long way towards determining how lucrative the returns are. Alice Soon, marketing manager … [read more]
The Greek Stoic philosopher Epictetus once stated, “Wealth consists not in having great possessions, but in having few wants.” One may be tempted to dismiss Epictetus’ advice since, born a … [read more]
Affordability in Greater Vancouver continues to decline as home prices continue to skyrocket. But increasing interest rates might prevent affordability from continuing its downward spiral in 2018. In December 2017, … [read more]
As expected, the Bank of Canada hiked its target for the overnight rate Wednesday morning, giving current and potential homebuyers cause to consider their future mortgage options. “As expected the … [read more]
Buying a home is the largest financial commitment of your lifetime. There are many professionals making up the business part of the transaction: financial institutions, real estate agents, home inspectors, … [read more]
As far as investments in the U.S. go, real estate is one of the best. Aside from the general trend of increasing home prices, the fact that the President is … [read more]
Activity in Canada’s residential property market gained strength in the final months of last year with sales, listings and prices up in December, the latest index shows. Sales increased by … [read more]
By now it’s common knowledge that most economists are predicting a slower year for the Canadian housing market in 2018. But will things cool down more dramatically than they had … [read more]
Buying property is probably the single most significant expense you’ll experience in your lifetime. As such, making the right decision in a market you know little or nothing about can … [read more]
Condominiums were officially the strongest-performing housing type in 2017, outpacing single-family homes in terms of price growth, according to the fourth-quarter House Price Survey from Royal LePage. The report finds … [read more]
Canada’s residential real estate market saw strong but slowing year-over-year price growth in the fourth quarter of 2017, according to a report by Royal LePage. The real estate company said … [read more]
Canadian home sales rose to a record in December just before tougher mortgage rules took effect, helping make 2017 the second strongest market ever. Transactions climbed 4.5% from November to … [read more]
In today’s complicated world, international property stands out among investment options because it is both a hard asset and one of the best current opportunities for generating cash flow while … [read more]
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