June 28th, 2019
Canadian home sales in May posted the largest annual increase in any month since federal policymakers introduced stress testing for uninsured mortgages in January 2018, notes BMO Chief Economist Douglas … [read more]
June 27th, 2019
Many consumers have misconceptions about what it takes to secure a mortgage, so much so that some won’t even try to apply for one as they believe they won’t qualify. … [read more]
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June 27th, 2019
Millennials are well known for their ability to alter the status quo and usher in change. In the job market, they’ve demanded, and increasingly obtained, the option to work remotely … [read more]
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June 27th, 2019
Home prices in Canada’s biggest markets have fallen from peak levels, but it’s going to take a much bigger dip to put ownership within reach for the typical Millennial. How … [read more]
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June 26th, 2019
People are taking longer to decide on a home to buy, and many will view their short-listed properties more than once before making an offer, according to a new survey. … [read more]
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June 26th, 2019
So you want to sell your house. You know there are some key things you need to do like stage the interior and work on your curb appeal. You might … [read more]
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June 26th, 2019
New multi-family construction was predominant among Vancouver’s housing starts last month, according to latest data from the CMHC. The asset class represented as much as 90% of the market’s total … [read more]
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June 25th, 2019
Millennials may be the best of hope of saving Vancouver’s languid housing market. They tend to dominate the condo market, where entry-units are aplenty, and fortunately for Vancouver there is … [read more]
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June 25th, 2019
When you ask someone where they get most of their financial advice, you’ll likely receive answers that most include family and friends. Unfortunately, relying on your social circles to provide … [read more]
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June 25th, 2019
You’d have to roll back the clock to 2001 to find a slower May for condo sales in the City of Vancouver. Local realtor Steve Saretsky, also the founder of … [read more]
Comments Off on Homebuyers Have Cautiously Moved to The Sidelines for Metro Vancouver Condo Market
June 24th, 2019
This year is set to be a defining moment for the US real estate market as millennials will continue investing in properties despite higher mortgage rates. According to Forbes, 45 … [read more]
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June 24th, 2019
Canadian mortgage rates have already tumbled in recent months and more discounts could be on the way for homebuyers, a new forecast from Central 1 Credit Union suggests. “Mortgage rates … [read more]
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June 24th, 2019
A new analysis paints the picture of how housing market cycles come and go, and based on 20 years of data Metro Vancouver’s market is “primed for a comeback.” Kevin … [read more]
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June 23rd, 2019
When you stumble across a photo of your dream kitchen on Pinterest, it can be difficult to determine exactly how much the homeowner spent in the process. Revealing renovation costs … [read more]
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June 23rd, 2019
Making design decisions that will alter the exterior of your home can be downright nerve wracking. If you buy the wrong sofa, you can (usually) return it and find a … [read more]
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June 22nd, 2019
Younger homeowners more often say they rushed through the buying process and have regrets about their mortgage, likely resulting from the challenges young buyers face entering today’s expensive housing market. … [read more]
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June 22nd, 2019
The First-Time Home Buyer Incentive promised in the 2019 Federal Budget will go live on September 2, the Canada Mortgage and Housing Corp. announced June 17. The launch will land … [read more]
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June 21st, 2019
You will find a lot of real estate agents these days that are completely against open houses. There are literally thousands of real estate articles about how open houses don’t … [read more]
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June 21st, 2019
I will be hosting an Open House on Sunday June 23rd, 2:30-4:30 pm at #402 – 7321 Halifax St Burnaby. This is an opportunity to visit this Estate Sale, 1003 … [read more]
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June 21st, 2019
I will be hosting an Open House on Sunday June 23rd, 1-3 pm at 1605 Augusta Ave Burnaby. This is an opportunity to visit this well-designed 1424 sqft, a 2 … [read more]
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June 21st, 2019
Rates for the most popular type of mortgage in Canada have sunken to the lowest level in about two years, and they could be heading further south before 2019’s end, … [read more]
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June 21st, 2019
I will be hosting an Open House on Saturday June 22nd, 2:30-4:30 pm at 7130 Kitchener St. This is an opportunity to visit this functional 1986 sqft, a 3 bdrm … [read more]
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Comments Off on Canadian Home Sales Continue to Gather Renewed Strength