When the Bank of Canada decides to hike interest rates, the impact of the move tends to peak six quarters after the fact. But, according to one economist, the effect … [read more]
Canadian home sales fell 1.6 percent month-over-month in October, the second month of falling activity for the housing market. Previously well performing markets saw sales declines, including a 2.9 percent … [read more]
The holiday season is all about spending time with loved ones, and for many, this means traveling. There are certain precautions you should take whenever you leave your home for … [read more]
Vancouver is facing an office space crunch with declining vacancy rates and rising lease rates. While more supply is on the way, some are concerned that the lack of available … [read more]
National home sales in Canada fell by 1.6% between September and October 2018 and by 3.7% year on year while prices fell by 1.5% to $496,800 on an annual basis, … [read more]
The holiday season is the time of year that old friends reunite, and distant family members come back to spend a few days reminiscing and celebrating together. Preparing the home … [read more]
The affordability crunch in Vancouver has pushed rental apartments and condo units to the fore as the budget choice for young families – but if it were up to the … [read more]
While the fall season generally brings with it a boost to Canadian home prices, last month appeared to be an exception. The Teranet-National Bank Composite National House Price Index fell … [read more]
Studies have shown that we, as people make decisions on everyone we first meet within the first couple of seconds; the same definitely applies in real estate, so first impressions … [read more]
A series of policy changes has cooled Canadian home price growth, while eating into the budgets of would-be homebuyers. The Bank of Canada hiked the overnight rate to 1.75 percent … [read more]
While there have been plenty of predictions about where the Canadian housing market might be headed in the new year, it’s important to take stock of where activity levels stand … [read more]
Owning a home is the American dream. Nearly everyone yearns for a beautiful home on their own patch of land, complete with a white picket fence. If a home purchase … [read more]
Faced with higher interest rates and tougher mortgage qualification rules, many Canadians have turned to the new condo market as a more affordable shot at homeownership. One property type that … [read more]
Single homeownership is not a good investment, according to Forbes. Even though there are a number of benefits, like a quick increase in wealth, there are also risks. But if … [read more]
According to survey conducted by Century 21, Greater Vancouver comes up on top as Canada’s most expensive metropolitan area to buy a home. Vancouver has eight neighbourhoods in Canada’s top … [read more]
While Canadian home sales have been inching up month-over-month, they have remained firmly below 2017-levels all year. And, according to a new note from BMO senior economist Robert Kavcic, that’s … [read more]
When it comes to real estate investing, it’s important not to become emotionally involved in a deal. You should have a checklist to make sure you’ve thoroughly gone through all … [read more]
It’s no secret that real estate affordability continues to be a top concern in BC, and nowhere is this more obvious than in Canada’s priciest city of Vancouver. And a … [read more]
Brighter days are ahead for BC’s housing market. At least that’s what the British Columbia Real Estate Association (BCREA) is saying in a new forecast. The association predicts that resale … [read more]
Investment—sounds tiring and stressful, isn’t it? However, unbeknownst to many, investments do not really require a Harvard education to pull off. It just takes a good and sufficient understanding of … [read more]
While Canadian home price growth has slowed in recent months, there are still plenty of markets that remain unaffordable to the average home buyer. Even within the relatively more-affordable condo … [read more]
The Canadian housing market will see activity moderate over the next two years, according to the latest forecast from the Canada Mortgage and Housing Corporation (CMHC). The federal housing organization … [read more]
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