Housing affordability in Canada’s large urban centres improved in the first quarter of 2020. Although mortgage interest rates remained essentially unchanged from Q4 to 2019, an increase in income was … [read more]
Pent-up demand for homes in top markets like Toronto, Vancouver, and Ottawa might compensate for lower purchasing power amid mounting job losses, RE/MAX said in a new study. “Exceptionally low … [read more]
Home sales have recovered significantly from the national market’s worst April reading in nearly 40 years, although the average sale price remained relatively steady, the Canadian Real Estate Association reported. … [read more]
For many real estate professionals, the COVID-19 pandemic has led to a complete shift in the way they conduct business. Most brokers and agents were relegated to their home, despite … [read more]
A wave of pent up housing demand hit markets across Canada in May in an encouraging sign that buyers are returning after mostly keeping to the sidelines through April. May … [read more]
In May the Teranet–National Bank National Composite House Price IndexTM was up 1.1% from the previous month, a rise equal to the average for May over the last 10 years. … [read more]
Whether you are trying to figure out queen or king bed dimensions for your master bedroom or picking out the right type of window treatment, choosing the perfect pieces for … [read more]
Ask any random person what their favorite season is, and you could bank on at least half of them being summer. Summer is one of the most fun and action-packed … [read more]
Selling your home without an agent is often an appealing idea because you can forego the commission rates. The major downside, however, is you lose out on all the important … [read more]
Strata corporation insurance rates have jumped about 40% across BC since last year, with deductibles sometimes leaping to triple-digit increases, the B.C. Financial Services Authority said June 16. “The current … [read more]
Average Canadian home prices are projected to fall 10 percent from their pre-pandemic levels as high unemployment, rent declines and mortgage payment struggles caused by COVID-19’s economic impacts take their … [read more]
Handy home repair people who keep their own houses in good shape might be surprised by the amount of math, muscle, and marketing involved in flipping houses. If you have … [read more]
The COVID-19 pandemic continued to dampen home sales across Greater Vancouver and the rest of the province in May, according to BCREA data released June 15. The total dollar value … [read more]
Led by land sales and the multi-family rental sector, the total dollar value of commercial real estate transactions in the Lower Mainland soared to $2.15 billion in the first three … [read more]
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