How Canada’s New Mortgage Rules Will Affect Home Prices
Canadian home prices have been climbing for years, but with the introduction of new mortgage rules and January’s Bank of Canada rate hike, will prices continue to rise in 2018? According to some industry experts, the answer is they likely
Submit your 2017 Empty Homes Tax declaration
You must submit your 2017 property status declaration by February 2, 2018. Every owner of residential property in Vancouver is required to submit a property status declaration each year to determine if their property is subject to the Empty Homes Tax. Failure to
The City Of Surrey Is Doubling The Growth Rate Of Vancouver
Surrey is currently undergoing a surge in population growth. As of May of 2016, the population of Surrey had risen to an impressive 517,887; this figure shot up 10% from the 2011’s total of 468,251. In fact, the city of Surrey is now on pace to
The Bank Of Canada Hikes Interest Rate To 1.25%
Based on the economies recent strength the Bank of Canada has once again increase the interest rate, this time to 1.25%. This is the third time the bank has increase the rate this year with other hikes coming in July
How Canada’s New Mortgage Rules Will Affect You
Wondering how the new mortgage rules will impact you? Find a summary of the new regulations and how they could affect you below: Ottawa plans to move forward with regulations that would make it tougher for Canadians to qualify for uninsured
Housing prices in BC expected to continue rising in 2017
The housing market of the most expensive province in Canada is showing no signs of slowing down. According to a forecast by Central1, an organization which offers support to credit unions, the BC housing market can be expected to witness increases in price up
The Future of Vancouver Real Estate
A major study conducted by PricewaterhouseCoopers and the Urban Land Institute, offers valuable insight into the real estate trends to be expected in 2016. The study is based on surveys collected from people involved in real estate and development industries
Vancouver housing prices to rise further!
While wall street players are predicting the Vancouver housing bubble will soon burst, Royal LePage is expecting the value of a home in Vancouver to rise another 10 percent by December. According to their estimations, 2015 is shaping up to be a record
House prices in BC expected to rise – RBC Forecast
Home prices in British Columbia are estimated to keep rising this year and next, but the rate at which prices are increasing will start to slow down in 2016, according to a forecast released by RBC on August 19. The report stated
Real Estate Sales in Metro Vancouver Still Soaring
There seem to be no signs of slowing down in the Vancouver Real Estate market this summer, as more properties continue to sell at higher prices. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro