Insurance issues could cause B.C. condo market collapse, homeowners association warns

There are dire warnings that the condo real estate market in B.C. could collapse unless the province steps in to stop it. A representative of a condo owners’ association says recent changes to insurance rates mean that not only are buildings having to pay more for coverage – some are being denied altogether. “This is […]

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Find the Right Home

Understand your housing options, choose your priorities and select your homebuying professionals.   Think long term when buying a home. What kind of home do you need now? What will you need in 5 to 10 years? Consider: the location and neighbourhood the size of the property and home the type of home — for example, detached, […]

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Revisions to the stress test would help slower housing markets

Anyone looking for more proof a national housing market exists only in mortgage lenders’ vaults and bureaucratic hallways should review the June report from the Canadian Real Estate Association (CREA). Yes, mortgage providers, most operating across the country, must look at their businesses from a national perspective. If one area of the country is doing […]

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Where to buy in a cooling housing market? New Westminster is a good bet, report says

Uptown New Westminster tops real estate analysis for second year in a row   Vancouver has long been the hot market for home buyers, but some in the industry suggest looking outside the city for investment potential. An analysis of real estate markets across Greater Vancouver by financial publication MoneySense puts the neighbourhood of Uptown in New Westminster, B.C., at […]

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