What’s happening in Surrey right now could change the way Vancouver buyers look at pre-sale homes forever. In recent months, the Lower Mainland real estate market has seen high-profile developments collapse, with some buyers backing out of contracts. But this…
Canada’s housing agency, CMHC, just admitted something they’ve never said so bluntly before: home prices in British Columbia are expected to fall in 2025. The hardest-hit market? Vancouver real estate, particularly homeowners and developers caught in the pre-sale condo crisis. But there’s…
The Vancouver real estate market has been hit with yet another high-profile collapse — and this time, it’s a completed $93 million luxury condo project that has gone into foreclosure. The building in question is Chloe, a boutique four-storey development in Kerrisdale, which…
Vancouver Housing Market: A Slow Year with a Surprise Twist 2025 has started as one of the slowest housing markets on record in Greater Vancouver. Until now, prices had held relatively firm despite sluggish activity. But July has brought a…
A new report by Rennie is raising alarm bells for Metro Vancouver’s condo market: we could see a 60% spike in unsold inventory by the end of 2025. Yes, you read that right—thousands of brand-new condo units may sit empty…
The Vancouver real estate market is undoubtedly slower than usual, but that doesn’t mean people have stopped buying. In fact, just last month alone, over 2,000 properties were purchased across Metro Vancouver. So, who exactly is buying real estate in…
The difference between household income and what homebuyers can actually qualify for in Vancouver continues to widen — making homeownership increasingly out of reach for many. According to a new report from Ratesdotca, a provider of digital insurance and financial…
The Vancouver real estate market is undergoing a major shift. Just a few years ago, many Vancouver developers moved away from condo sales and into rental projects due to strong demand and rising rents. However, the landscape has changed, and…
The Bank of Canada has officially lowered its benchmark interest rate to 2.75%, marking its seventh consecutive cut. While this move is expected to provide some relief for homeowners renewing their mortgages, experts remain skeptical about whether it will truly…
Bank of Canada Lowers Interest Rate Amid U.S. Trade War Concerns The Bank of Canada has reduced its overnight lending rate by 25 basis points to 2.75% as ongoing trade tensions with the U.S. begin to impact the Canadian economy.…
