Quick recap: New Canadian mortgage regulations will now require a minimum down payment of 10% for properties priced over $500,000 (but under $1,000,000). The new regulations apply to all Canadian mortgages insured by the government. See full article here:…
There was a lot of fuss about the new mortgage regulations back in December of 2015. A lot of people seemed to worry over the new rules. So what happened and what are the new Canadian mortgage regulations? See also how will…
You have most likely heard about Donald Trump running for the President of United States of America. Donald is a bit of a character and likes to say/do a lot of controversial “stuff”. His racist and sexist remarks offended thousands if not millions of…
Within the next few days owners of more than 500,000 residences in Greater Vancouver will be receiving their 2016 Annual BC Property Assessments in the mail. These assessments will reflect property values as July 1, 2015. What are property assessments…
Greater Vancouver market continues to be very active late into the fall of 2015. Metro Vancouver has a very strong sellers market, for the most part . That’s great news if you are planning to sell your house or a condo.…
You might have heard about the new suggested “real estate speculation tax” in Vancouver BC. Here is how it all started. Greater Vancouver has a very strong real estate market. Prices are steadily going up by 5-10 per-cent every…
Metro Vancouver home sales set record pace in June The REBGV reports that residential property sales in Metro Vancouver* reached 4,375 on the Multiple Listing Service® (MLS®) in June 2015. This represents a 28.4 per cent increase compared to the…
Strong home buyer demand coupled with below average home listing activity has created seller’s market conditions within the Metro Vancouver* housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 4,179…
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 1,913 on the Multiple Listing Service® (MLS®) in January 2015. This represents an 8.7 per cent increase compared to the 1,760 sales recorded…
This video is an episode from my Vancity Real Estate Show that has aired on Wednesday January 7th. 2015 (link to the original post). In this episode I count down top 3 most expensive neighbourhoods in Metro Vancouver. All the data…