Newly proposed rules from Canada’s financial regulator would tighten up the existing mortgage stress test by increasing the qualifying rate for uninsured mortgage loans. The proposal from the Office of … [read more]
The current furious pace of homebuyer activity, along with rapidly accelerating price increases seen since mid-2020, are unlikely to last into 2022. While the Canadian housing market’s strength was a … [read more]
The numbers and the anecdotal evidence are clear : while Metro Vancouver’s housing market has been on a surprising tear during the COVID-19 pandemic, the market for foreign buyers looking … [read more]
Razor-thin inventory may be straining the housing market, but experts say the ongoing boom in home remodeling may be exacerbating the issue. “When the pandemic hit in mid-March, and the … [read more]
Vancouver, BC – April 13, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 15,073 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
March was a record-setting month in Metro Vancouver with 5,708 sales, says the Real Estate Board of Greater Vancouver (REBGV). Sales surged by 126.1% year-over-year from 2,524 in March 2020, … [read more]
According to a 2018 Consumer Housing Report by Zillow, today’s buyer spends an average of four and a half months looking for a home before making an offer. That’s nearly … [read more]
We’ve all heard the Canadian real estate stories, especially in Greater Toronto. An agent lists a property below market value, and dozens of offers pour in. It eventually sells much … [read more]
By mid-way through March it was already clear that it was going to be a remarkable month for Vancouver region home sales. At mid-month, Dexter Realty’s Kevin Skipworth wrote that … [read more]
Installing beautifully designed and functional blinds can transform the interior of your home. Blinds are a highly durable window treatment option consisting of slats or vanes tied together, and able … [read more]
Buying your first home is one of the most adult purchases you will ever make in your entire life. It is a daunting yet magical experience to have a home … [read more]
Luxury home sales in Vancouver are expected to keep rising through 2021, according to a new report from Sotheby’s International Realty Canada. Sales in the city’s high-end housing market rose … [read more]
SURREY, BC – Fraser Valley real estate hit two historical highs in March, setting records for both sales and new listings processed in one month since the Fraser Valley Real … [read more]
Nearly one year after condo sales sunk at the onset of the COVID-19 pandemic, new data shows that buyers have been returning to downtown Vancouver’s high-rise market. According to recent … [read more]
Although many real estate professionals with an opinion about investing in apartment buildings believe complexes with more than 150 units are the best way to go, it’s not necessarily true. … [read more]
Spring buying season, the busiest time of the year in real estate, is upon us and large cities like Toronto and Vancouver are hotter than they’ve ever been. Unfortunately, that … [read more]
While BC real estate companies are still navigating the impacts of the COVID-19 pandemic, this is an ideal time to reflect on lessons learned so far. At the start of … [read more]
If you have a home of your own, you already know how to think like a buyer. You know buyers look for a home that’s structurally sound, with modern amenities … [read more]
As of the end of February, the average price of a BC home was $866,583, up by $126,000 over the same time a year ago. That increase equates to a … [read more]
When it comes to addressing Canada’s rapidly overheating housing market, getting more homes built, especially affordable rentals, is the first recommendation RBC Senior Economist Robert Hogue has for policymakers. The … [read more]
Are you looking to improve your curb appeal on a budget? The success of your home’s resale depends on different factors, and it includes its physical attribute, one being the … [read more]
Doing renovation or maintenance on your home is always a risky process. The work you do shouldn’t put the existing structure at risk and you need to manage your budget … [read more]
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