INTEREST RATES AFFECTS ON HOUSING PRICES
The bank of Canada has raised their interest rates three times this year since March for a total of 1.5%. Guess what? They’re going to continue …
SPRING USHERS IN A CALMER HOUSING MARKET
After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver this spring due, in large part, to rising …
VANCOUVER REAL ESTATE 2022 MARKET UPDATE MAY
Home Sales are returning to more “Traditional Levels” in Metro Vancouver. Are interest rates the sole cause of this transitioning market? Is the bubble about to …
HOME SALE RETURN TO MORE TRADITIONAL LEVELS IN APRIL
Homebuyer demand in Metro Vancouver* returned to more historically typical levels in April. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales …
HOUSING AFFORDABILITY FOR CANADIANS AND THE FEDERAL BUDGET
The recently announced 2022 Federal Budget significantly focussed on housing affordability for Canadians. Their plan? Eliminate foreign Buyers, Tax homeowners on Selling their principal residence and …