A major uptick in home construction paired with gradual, long-term demographic change will have a cooling effect on Canadian home prices in the coming years. Barring a significant spike in … [read more]
If you’re going to refinance your mortgage, it can help to lessen the interest rate of your loan or monthly payment, access some of your home’s equity, or adjust your … [read more]
Just Listed – #704 – 6152 Kathleen Ave Burnaby Welcome to The Embassy – A quality residence in a sought-after central location. This 2 bdrm corner suite has been pristinely … [read more]
In a fiercely competitive housing market where prices continue to skyrocket, many Canadian buyers increasingly believe that their dreams of home ownership are unattainable. A Spring Housing Poll published today … [read more]
Do you know what to expect from a buyer’s home inspection? When your property is on the market, expect a home inspection to take place. This is positive, as it … [read more]
The real estate industry has been in disarray since the pandemic began wreaking havoc on the economy and pretty much everything else in its path. Home prices are rising, interest … [read more]
A Canadian official in charge of housing policy confirmed the current market is not an accident. Instead, it’s a conscious decision where the government picked the winners and losers. TVO … [read more]
Housewarming parties have always been hallmarked by gift-giving. And while today’s housewarming gifts tend to be things like glassware, charcuterie boards or books, this wasn’t always the case. The tradition … [read more]
Many homeowners don’t fully utilize their basements; some even ignore their basement altogether. Rather than being wasted space, a basement can be great for storage, working areas and recreation. Here … [read more]
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]
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