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Vancouver rental costs actually dropped in June

Vancouver rental costs actually dropped in June Vancouver rental costs actually dropped in June According to new research, rental prices in the City of Vancouver declined for the first time this year. If the trend continues, this could bring relief to the city’s renters who have endured years of significant rent increases in [...]

2018-07-12T18:43:53+00:00 July 12th, 2018|News, Real Estate|0 Comments

Interest rate hikes take a bite out of Canadian housing affordability

Interest rate hikes take a bite out of Canadian housing affordability Interest rate hikes take a bite out of Canadian housing affordability Canadian housing affordability is deteriorating again, after a slight improvement in the final quarter of 2017. RBC’s aggregate housing affordability measure rose by 0.4 per cent to 48.4 per cent in [...]

2018-07-06T17:40:17+00:00 July 4th, 2018|News, Real Estate|0 Comments

Here is what to expect from the Canadian housing market in the second half of 2018

Here is what to expect from the Canadian housing market in the second half of 2018 Here is what to expect from the Canadian housing market in the second half of 2018 The Canadian housing market certainly got off to a cooler start in 2018 than many had predicted. Home sales and prices [...]

2018-06-23T10:40:00+00:00 June 23rd, 2018|News, Real Estate|0 Comments

Young British Columbians are seriously considering moving to avoid high home ownership costs

Young British Columbians are seriously considering moving to avoid high home ownership costs Young British Columbians are seriously considering moving to avoid high home ownership costs The majority of young British Columbians believe it’s impossible to buy a house in the province’s pricey real estate market, and as a result, they’re thinking of [...]

2018-06-23T10:29:11+00:00 June 23rd, 2018|News, Real Estate|0 Comments

Nearly one in five BC seniors face housing affordability challenges

Nearly one in five BC seniors face housing affordability challenges Nearly one in five BC seniors face housing affordability challenges As British Columbians continue to cope with skyrocketing home prices, almost 19 per cent of the province’s  seniors are living in unaffordable housing — the third highest rate among seniors in Canada. In [...]

2018-06-23T08:50:03+00:00 June 23rd, 2018|News, Real Estate|0 Comments

BCs housing market as the driver of the province economic slowdown

BCs housing market as the driver of the province economic slowdown BCs housing market as the driver of the province economic slowdown British Columbia’s economy is expected to cool off over the next two years, thanks to a slowdown in residential investment spending, according to RBC. Although BC has been a driver of [...]

2018-06-23T08:15:24+00:00 June 23rd, 2018|News, Real Estate|0 Comments

Tighter mortgage rules continue to take their toll on BCs deteriorating housing affordability

Tighter mortgage rules continue to take their toll on BCs deteriorating housing affordability Tighter mortgage rules continue to take their toll on BCs deteriorating housing affordability Similar to the rest of the country, stricter mortgage regulations that came into effect in January continued to weigh on BC home sales in May. Last month, [...]

2018-06-23T08:04:31+00:00 June 23rd, 2018|News, Real Estate|0 Comments

The Canadian housing markets volatility has become acute

The Canadian housing markets volatility has become acute The Canadian housing markets volatility has become acute From its peak in April 2017, to its dramatic sales drop in January 2018, the Canadian housing market has been all over the map in the past year, and one bank has taken notice. “Canadian housing market [...]

2018-06-23T07:51:17+00:00 June 23rd, 2018|News, Real Estate|0 Comments

It could be a long road to recovery for the Canadian housing market

It could be a long road to recovery for the Canadian housing market It could be a long road to recovery for the Canadian housing market While many industry experts predicted that the Canadian housing market would start to warm up in May, sales and prices have remained stubbornly flat, as the effect [...]

2018-06-23T07:37:14+00:00 June 23rd, 2018|News, Real Estate|0 Comments

BC government will create public registry to reveal who owns real estate

BC government will create public registry to reveal who owns real estate BC government will create public registry to reveal who owns real estate VANCOUVER—In an effort to crack down on tax avoidance, the B.C. government will create a public registry to show who owns real estate in the province. B.C.’s finance minister [...]

2018-06-21T09:09:51+00:00 June 21st, 2018|News, Real Estate|0 Comments
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