For 26 years, the real estate boards of Greater Vancouver and the Fraser Valley have teamed up for the REALTORS Care Blanket Drive. Real estate agents across the Lower Mainland would join with their clients and a network of of charitable organizations to collect and distribute blankets and lightly-used clothing. This year they opted to throw […]Read more "Realtors Care Blanket Drive raises 50k for housing related charities"
The Liberal government wants to ramp up aid for first-time real estate buyers in some of the country’s priciest markets. Making good on a 2019 election promise, the latest federal fiscal update mentions revamping the First-Time Home Buyer Incentive (FTHBI) for those seeking to purchase a house in Vancouver, Victoria and Toronto. With the program, […]Read more "Will the new First-Time Home Buyer Incentive drive up home prices?"
How would you like a mortgage with an interest rate of less than one per cent? That’s what HSBC, Canada’s seventh-largest bank by assets, is now advertising. The lender’s website now shows it is offering a new five-year variable mortgage rate of a mind-boggling low 0.99 per cent. It is a first in Canadian history in terms of bank-advertised rates, according […]Read more "A mortgage rate of less than 1% now available in Canada"
Buckle up in your bubble, as we head into the last month of 2020 and down the rabbit hole of stagnating provincial health policies. The B.C. Health Authority has again enacted the “essential only travel policy” province wide, because of our rising positive COVID-19 testing numbers. We are told that Christmas this year will be […]Read more "A test of resilience for long-standing B.C. Markets"
Home sales up 29% compared to October 2019 The Real Estate Board of Greater Vancouver says October home sales were up 29 per cent compared to a year ago, making it the second-best October on record. The board says its agents sold 3,687 homes last month, up from 2,858 sold in October 2019. Home sales […]Read more "Vancouver housing market posts 2nd-best October on record"
Home sales and listings surged in September, according to the latest numbers from the Real Estate Board of Greater Vancouver. Sales were up 19.6 per cent from August, and more than 56 per cent from September last year, the board said. Listings were up 10 per cent from August. Real Estate Board Chair Colette Gerber […]Read more "Metro Vancouver home sales and listings surge in September: real estate board"
It’s safe to say that 2020 has been unpredictable, to say the least. This theme carries over to the Canadian real estate market, which still managed to experience unprecedented growth despite many buyers deciding to hold off on purchases amid uncertain economic conditions brought on by the pandemic. However, the uncertainty of the past seven […]Read more "Top Canadian Real Estate Trends to Look For in 2021"
he Canadian housing market has been one of the hottest asset categories for years. Housing prices have been extremely strong as Canada’s economy and population have seen impressive growth numbers. When the coronavirus pandemic hit back in February, though, many expected the Canadian housing market to crash. This wasn’t just Canadian investors and analysts who […]Read more "Canada’s Housing Market: More Growth Coming in 2021?"
4. 303 – 458 E 43rd Avenue – $419,900 Listing details: Zero bedroom One bathroom 457 sq ft Parking Located on West Broadway, this studio features a courtyard entrance, a gas fireplace, and a Juliet balcony. It’s also a short walk from local shops, restaurants, and public transit. 2. 206 – 760 Kingsway Avenue – $408,000 Listing details: Zero […]Read more "These Vancouver homes are currently listed for under $450,000"
B.C.’s Land Owner Transparency Act (LOTA) is coming into force on November 30, 2020. Effective November 30, 2020, all acquisitions of land will be subject to the new disclosure rules under LOTA, while existing owners of land will have until November 30, 2021 to become compliant. INTRODUCTION LOTA requires the disclosure of individuals who hold, directly or […]Read more "Canada: B.C. Real Estate Beneficial Ownership Disclosure Law Takes Effect November 30, 2020"