August 30th, 2018
Vancouver, BC – August 30, 2018. The BCREA Commercial Leading Indicator (CLI) recovered in the second quarter following a rare first quarter decline. The index rose 1.9 points to an … [read more]
August 29th, 2018
By continuing to spend $Trillions each year as consumers, the baby boomers haven’t finished shaping US households and spending patterns. With 10,000 baby boomers turning 65 and migrating into retirement … [read more]
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August 29th, 2018
National home sales and prices improved this July, after a shaky first half of the year. Average prices edged up 1% year-over-year to $481,500, according to the Canadian Real Estate … [read more]
Comments Off on Mortgage Stress-Testing Boosting Condo Sales & More Balanced Markets
August 29th, 2018
Canadian home prices have cooled considerably over the past few months and, according to one economist, that’s unlikely to change any time soon. “After the fireworks of 2016 and 2017 … [read more]
Comments Off on Soft Activity & Tamer Pricing Prompted to Revised the Resales Forecast
August 29th, 2018
In a recent study, real estate information portal Zoocasa looked at the sales-to-listings ratios of housing markets nationwide. Using data from local real estate boards, the analysis ranked markets based … [read more]
Comments Off on Canada’s Top Buyers’ & Sellers’ Markets & Sales-to-Listings Ratios
August 28th, 2018
Despite exhibiting consistently inflamed price averages, BC’s housing market still offers some pockets of relative affordability that households can take advantage of, according to a new analysis by real estate … [read more]
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August 28th, 2018
Flipping an older home may be one of the best financial decisions an entrepreneur can make. Take a little bit of vision, combine it with a lot of sweat equity … [read more]
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August 28th, 2018
If someone hasn’t been following Canada’s real estate market over the past year, the latest data from the Canadian Real Estate Association (CREA) may give the impression that not much … [read more]
Comments Off on Canadian Summer Housing Market Balance Stats are Now Very Close to Normal
August 27th, 2018
The mortgage process when purchasing a home can be tricky—there’s a ton of paperwork to read through and sign, so much that your hand might just cramp up from the … [read more]
Comments Off on What is A Mortgage Comfort Letter & Why Do You Need One?
August 27th, 2018
In its last quarterly assessment of major Canadian real estate markets, Canada Mortgage and Housing Corporation flagged Vancouver for showing signs of being overvalued. Now, news magazine the Economist has … [read more]
Comments Off on CMHC Flagged Vancouver Market as Being 65% Overvalued
August 27th, 2018
While Canada’s economy has remained relatively strong over the past year, some economists are worried about its competitiveness on the global stage. “We have long fretted about Canadian competitiveness due … [read more]
Comments Off on Canada’s Housing Market Continues to Take A Bite Out of Its Global Competitiveness
August 26th, 2018
Congratulations on moving into your newly built home and may you enjoy many happy years living there. Everything is sparkling clean from the floors, to the walls, to the ceilings, … [read more]
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August 26th, 2018
Your business is growing and developing and you are now looking to buy your first office to allow it to truly expand! However, before jumping into any decisions, you need … [read more]
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August 26th, 2018
I wish the only thing you needed to prep your home for fall is to light a bunch of pumpkin spice candles. While yes, that is a crucial part of … [read more]
Comments Off on Home Checklist in Saving Money This Fall & Winter
August 25th, 2018
You’ve probably heard lots of advice on how to pack before moving. But what about advice on how to unpack after a move? This process is just as stressful and, … [read more]
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August 25th, 2018
The Canadian real estate industry is used to disregarding gloomy predictions. But now, after a decade of laughing in the face of repeated false warnings that a housing slump was … [read more]
Comments Off on Buyers, Owners, Professionals & Economists Wait Anxiously for Latest Clues on Real Estate Future
August 25th, 2018
Summer is here, which means lawn care is in full swing. If you know you’re missing the right tools to keep up with your backyard but aren’t sure where to … [read more]
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August 24th, 2018
Very few people go straight from living at home to purchasing their own house. Renting apartments are an important step in one’s development, as it helps teach them responsibility. However, … [read more]
Comments Off on Time to Leave The Apartment & Buy A Family Home
August 24th, 2018
I will be hosting an Open House on Sunday August 26th 2-4 pm at #304 – 5760 Hampton Place Vancouver. This is an opportunity to visit this spacious 1289 sqft, … [read more]
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August 24th, 2018
Foreign Buyers Disappear The latest property transfer data from the BC Ministry of Finance, released at the end of July, indicates that foreign buyers have all but disappeared from the … [read more]
Comments Off on Foreign Buyers Disappeared from The Lower Mainland Housing Market
August 24th, 2018
Stricter mortgage qualification rules that came into effect at the start of the year continued to take a bite out of home sales activity in BC for a seventh straight … [read more]
Comments Off on How is The Housing Market Still Balanced While Home Sales Are Down 24% in BC?
August 23rd, 2018
For many people, a house is the biggest investment they’ll ever make. And whether you’re a first-time homeowner or you’re buying your third property, you’re bound to end up covering … [read more]
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Comments Off on BCREA Commercial Leading Indicator Bounces Back in Second Quarter