We have seen countless number of news stories about unaffordable rental rates in Metro Vancouver. It’s a hot subject in the media and with local politicians. The rent has been steadily increasing for a long time. But it seems that…
On December 15th 2016, Premier Christy Clark unveiled a new loan program for the first-time home buyers. This loan program will lend money to the first-time home buyers who cannot come up with the downpayment. The loan will be interest-free…
Vancouver to implement vacancy tax on empty homes and condos BC government has cleared the way for Vancouver to impose a vacancy tax on empty homes. Vancouver plans to impose the tax by early 2017. It will make it the first…
Can Federal Government solve Vancouver’s Housing ‘Crisis’? Our Prime Minister Justin Trudeau is in Vancouver. The Prime Minister has just announced a massive funding injection to the public transportation in the region. On Friday June 17, he will be attending…
What to expect from the Vancouver real estate market for the summer 2016 season. Also see – Spring 2016 – Real Estate Market Update Friends, we are entering uncharted waters. The demand is at the all time high.…
What you should know about the Vancouver real estate market in the spring 2016. Vancouver real estate market is a topic of conversation. It’s hard to turn on the news without hearing about a tear-down that’s been sold for three…
Lately, there has been a lot of debate about AirBnB. Is AirBnB legal? Should it be allowed? Does it effect real estate prices? Does it effect rental rates? Is it a good investment strategy for landlords? All are good questions. In…
Earlier this week City of Vancouver announced that it plans to create new affordability program for local residents. The purpose of the program is to address unaffordability issues in Vancouver BC. Specifically, Vancouver’s residents not being able to afford to purchase…
“Shadow flipping” is the new term thrown around quiet a bit in the last two weeks. Turn on the news or go online and all you see are evil realtors taking advantage of the public, earning 10 commission on each sale…
I was reading the news today and came across this article: The $6-million Vancouver mansion, complete with indoor pool and media centre, that’s just another tear down Basically, Vancouver home owner has filed an application for a demolition permit for his…