June 16th, 2021
Some good news for those looking to qualify for a mortgage: rates will remain at their record lows for the foreseeable future, as the Bank of Canada (BoC) announced it … [read more]
June 16th, 2021
Canada’s housing market has more firepower than some economists had imagined heading into 2021 and its performance through the first half of the year has Canada’s biggest bank reassessing its … [read more]
Comments Off on Canadian Housing Market to Materialize in 2022, but Many Homebuyers will Face A Tough Road Ahead
June 15th, 2021
There are important repairs you need to take care of to ensure you sell your home. Although the housing market is extremely hot right now, a house that has been … [read more]
Comments Off on Essential Maintenance to Perform Before List Your Home
June 15th, 2021
With the average price of a home in Canada up by $135,000 over the past 12 months, it’s no surprise that the majority of homebuyers are having a hard time … [read more]
Comments Off on Canadians Can’t Keep Up with Escalating Home Prices & Hot Housing Markets
June 15th, 2021
Housing markets on both sides of the border have continued to sizzle through 2021, but Canadian real estate is indisputably hotter than the US market right now. In a recently … [read more]
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June 14th, 2021
When looking at real estate in British Columbia, it can be difficult to find a home that meets your needs and your personal budget. With rising house prices across Canada, … [read more]
Comments Off on Building vs. Buying Costs : How Much Does It Cost to Build A House in BC?
June 14th, 2021
Home sales may have decelerated in most Canadian markets in May, but prices still rose on a monthly basis because there are fewer new listings on the market, says a … [read more]
Comments Off on Why are Home Prices Still Rising Even Sales Activity is Down?
June 14th, 2021
Vancouver, BC – June 14, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 12,638 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA New Listings in Outside of Metro Vancouver Have Started to Flatten Out
June 14th, 2021
New homebuyers kicked off 2021 with a bang, scooping up 6,208 new properties across the Vancouver region in the first quarter of the year. That figure represents a 174 percent … [read more]
Comments Off on Vancouver Region New Home Sales Soared 174% in Q1 2021
June 12th, 2021
Garages have evolved in recent years to do more than just serve as storage for your vehicles. Many homeowners are converting garages into workshops and even office spaces where they … [read more]
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June 9th, 2021
What is The Time Frame for Closing on A Home? One of the more popular questions asked from buyers and sellers is how long it will take to close on … [read more]
Comments Off on Steps & Time Frame to Close on A Home
June 9th, 2021
The record-setting pace of home sales in the Vancouver market seen in the early months of the year died down in May, as 4,268 properties changed hands across the region. … [read more]
Comments Off on Detached Homes, Townhomes & Condos Remained Comfortably in Seller’s Market Territory
June 9th, 2021
An Oxford Economics report recently bestowed upon Vancouver the dubious honour of being North America’s least affordable city, and according to a local real estate professional, that won’t change unless … [read more]
Comments Off on Vancouver’s Affordability Woes Amplified by Supply Shortage
June 8th, 2021
Millennials, along with baby boomers, are driving real estate activity. As a matter of fact, the National Association of Realtors has noted that this generation of young adults comprises the … [read more]
Comments Off on The Right Steps for A Millennial to Invest in Real Estate
June 8th, 2021
As of today, it’ll be a bit tougher for new and renewing mortgage borrowers to qualify for their home loan. A higher threshold for the “stress test” has come into … [read more]
Comments Off on How will The Stress Test Impact Homebuyers & Housing Affordability Across Canada?
June 8th, 2021
The total value of residential building permits issued in Canada last month has pulled back from a peak in March, led by a double-digit decline in British Columbia. More than … [read more]
Comments Off on The Value of BC Residential Building Permits Issued Up 23% Y/Y
June 7th, 2021
Today’s housing market is notoriously tight, and limited inventory is making it difficult for buyers to snag homes that meet their needs and fit within their budgets. But that doesn’t … [read more]
Comments Off on Home Features Buyers Want The Most
June 7th, 2021
Young homebuyers have found themselves in a “weird downturn” over the past year, according to Tom Davidoff. “When you’re stuck at home, it’s nice to have a bigger home,” said … [read more]
Comments Off on Inflation Threatens to Push Some Homebuyers into Precarious Financial Positions
June 7th, 2021
The BCREA Commercial Leading Indicator (CLI) rose from 144 to 150 in the first quarter of 2021, representing the third consecutive increase as the economy recovered from the COVID-19-induced recession. … [read more]
Comments Off on Economic Recover Drives Commercial Real Estate Higher in Q1
June 5th, 2021
Summer is a great time for home improvement projects and DIY updates around the house. Set some time (and money) aside this summer to give your home some TLC. Not … [read more]
Comments Off on Easy, Affordable Home Improvement Projects to Do This Summer
June 4th, 2021
Among all the uncertainties that the past 14 months has brought to the U.S. housing market, one of the few things that has remained constant is the value that home … [read more]
Comments Off on 2021 Home Improvement Projects with The Highest ROI
June 4th, 2021
Here is some bright news for buyers, according to Realtor.com, new MLS listings were up in early to mid-April by about 40% over last year. But that statistic needs to … [read more]
Comments Off on What Homebuyers Can Do in A Sellers’ Market?
Comments Off on Mortgage Rates will Stay Low as Strong Recovery Expected for Canadian Economy