A new report from the British Columbia Real Estate Association shows June home sales rose 17% year-over-year Why it matters: The BCREA’s chief economist says sales surged back to pre-COVID-19 levels last month. While sales have normalized, active listings are down and certain markets are reporting upward pressure on prices. New B.C. real estate […]
Read more "B.C. home sales ‘surge back’ to pre-COVID levels"Number of sales doubled from May to June as province gradually reopened, says real estate board Property sales in the Fraser Valley bounced back in June as buyers and sellers adapted to COVID-19 measures, according to the region’s real estate board. The Fraser Valley Real Estate Board says it had 1,718 sales in June, more […]
Read more "Fraser Valley real estate sales surges in June after COVID-19 slump"Thinking of buying a house and plan on borrowing money for a mortgage in the coming months? Next month, you may have a harder time securing a mortgage. Come July 1, it will be harder for Canadians to qualify for a new mortgage due to changes announced last week by the Canada Mortgage and Housing […]
Read more "Canada Mortgage and Housing Corporation tightens lending standards"Interest rates around the world have fallen sharply amid a pandemic-induced economic crisis, and the result is that it has never cost less to borrow money to buy a house in Canada. Rates on Canadian mortgages have fallen to their lowest levels ever, with one bank ― HSBC Canada ― now offering a five-year, fixed-rate mortgage at […]
Read more "Canadian Mortgage Rates Hit All-Time Low"Tidy up the garage, clean the patio furniture or finally get around to that DIY project…we all have a list of projects around the house that seems to grow faster than you can finish it. Now that you might be spending more time around the house, why not use this as an opportunity to start a […]
Read more "8 Around-the-House Projects to Tackle"CREA economist Shaun Cathcart on how the overheated markets before the crisis could become a source of strength after Shaun Cathcart, senior economist at The Canadian Real Estate Association, talks to Financial Post’s Larysa Harapyn about the state of Canada’s real estate in the wake of the pandemic and how the overheated market could […]
Read more "Ignore the gloomy forecast — property prices are not poised to decline 18%"Click the links below to view the monthly market statistics for your area in an easy to understand infographic. Listings, sales and prices are summarized for condos, townhomes and single family homes for cities across B.C. Abbotsford Bowen Island Burnaby East Burnaby North Burnaby South Cloverdale Coquitlam Kelowna Ladner Langley Maple Ridge Mission Nanaimo New […]
Read more "Monthly Market Update"Tidy Up First and foremost, you should make sure your bedroom is clean. It’s not just better hygienically and aesthetically speaking, but it can also be less stressful. “None of us want be in this situation, but we’re in it, so we can at least keep our spaces clean, which can it can make you […]
Read more "You Can Make Your Bedroom More Relaxing Right Now"For when perfected your outdoor garden and are ready to enjoy. Summer is on its way and warmer temperatures have us running outside to enjoy any space we have. Whether you’re working with a fire escape patio or a wide open backyard, we’ve rounded up plenty of ways to work with what you have. Read on—the […]
Read more "Backyard Activities to Enjoy Right Now"HAPPY EARTH DAY! You don’t have to switch up your entire life to live a more sustainable one. In fact, there are countless tiny tweaks you can make at home that not only help the environment, but can be better for your health while saving you cash. That’s called a win-win-win. From simple swaps (after you use […]
Read more "Little Ways to Green Your Life at Home"