Greater Vancouver Real Estate News

Real estate tips for buying, selling, owninginvesting, renovating and more! Plus stay up to date on the real estate market, new developmentsmortgages, and what's happening in Greater Vancouver.

Sept. 12, 2021

Housing Affordability and Home Buying are Hot Topics in the Federal Election

Affordability, lack of supply and mortgage rules are making it more difficult for many Canadians to own a home. As REALTORS®, unfortunately, we see this too often.

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Posted in News
July 8, 2021

Greater Vancouver Market Update

Discover What's Happening in Greater Vancouver Real Estate

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Posted in Market Update
June 4, 2021

Living in Vancouver's River District

The River Distirct is a popular neighbourhood in Vancouver, BC Canada. It's nestled in the southeast corner of Vancouver along the Fraser River (south of Marine Drive).

With miles of riverfront walking and biking trails, parks, picnic areas, tennis courts, plus the golf course minutes away, it's a perfect location for people looking for a peaceful nature oriented location to live. Plus, it has lots of shops, amenities and restaurants within walking distance. Plus you can drive to Champlain Square a few minutes away or drive to Metrotown or Burnaby's Byrne Road shopping district which is approximately 10 minutes away.

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Posted in Community
June 4, 2021

Living in Abbotsford BC Canada

Abbotsford, British Columbia, Canada is nestled between the Fraser River and Mission to the north, the Washington U.S.A. border to the south, Langley to the west, and if you travel east down the highway, you'll arrive at Chilliwack. Abbotsford is approximately 1 hour from Vancouver, BC, and features gorgeous views of the BC mountains, Mt Baker and the Fraser River.

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Posted in Community
June 1, 2021

New Mortgage Stress Test Implemented June 1, 2021

On June 1st, 2021, the Canadian bank regulators, Office of the Superintendent of Financial Institutions (OSFI), implemented the new Stress Test requirements.

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Posted in Mortgage
May 20, 2021

First-Time Home Buyer Incentive | Updated 2021

The First-Time Home Buyer Incentive helps qualified first-time homebuyers reduce their monthly mortgage costs by the government contributing to part of the home purchase. Basically, it's a shared equity mortgage with the Canadian Government.

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April 14, 2021

March 2021 - Greater Vancouver Real Estate Market Insights

Greater Vancouver BC Real Estate Market Statistics

Greater Vancouver Real Estate Market Overview

March housing sales skyrocketed more than 126% higher than in March 2020 – the month the COVID-19 pandemic began – to the highest monthly sales pace ever recorded in Greater Vancouver.

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Posted in Market Update
April 11, 2021

Canadian Bank Regulator Proposes Higher Mortgage Stress Test Level for Uninsured Mortgages

The Canadian bank regulators, Office of the Superintendent of Financial Institutions (OSFI), are proposing a higher stress test level in order to curb the hot market and ensure that buyers do not over extend themselves if mortgage rates increase.

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Posted in Mortgage, News
April 7, 2021

BC Court Ruling Concerns New Westminster Developers and Investors

Condominium investors will want to keep an eye on condo rentals in New Westminster.

On March 30, the city won a BC Supreme Court ruling that cements B.C.’s first bylaw that allows retroactive rezoning of condos to rental units in six specific rental buildings. So far approximately 270 units are affected, but there is no guarantee the bylaw won’t be extended. Read the article.

Find out what your home is worth in today's market.

Posted in Investing, News
March 15, 2021

February 2021 - Greater Vancouver Real Estate Market Insights

January 2021 Greater Vancouver BC Real Estate Market Statistics

Greater Vancouver Real Estate Market Overview

Housing sales hit the highest monthly level since June 2017, with prices arcing nearly 9% higher than a year earlier to a composite benchmark of $1,084,000. The typical detached house now sells for more than $1.62 million –an average increase of $221,000 from February 2020 – with sales up 80% from a year ago.

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Posted in Market Update