When Canada’s federal budget was announced in early April, it included several measures aimed at cooling the housing market. These moves are a response to increasing concerns about the affordability of housing across the country. If the measures are passed, they will...
Prospective homebuyers in British Columbia have many things to consider, from housing wish-lists to preferred locations to how to navigate an increasingly competitive market. Chief among these considerations is budget. While the budget you're comfortable with is a...
The real estate market continues to grow in British Columbia, with houses selling for higher rates than ever before. But what happens when a house sells for below market value? While in most cases this just means a buyer got a good deal, one Vancouver property owner...
If buying a home is on your list of resolutions for the new year, you probably already know what a difficult road you have ahead. Housing prices in British Columbia continue to climb, and the low number of homes on the market seems to put all the bargaining power on...
Affordability is a major hurdle to home ownership for young people today. However, despite this challenge, three quarters of adults in Generation Z cite buying a home as a goal for them, and over half of these people say they are very likely to reach this goal. In...
Real estate investment is a large topic, covering everything from fixer-uppers to ownership of large complexes. For British Columbia investors looking to get into the real estate market, it can help to know the different investment options available to them. While...
When buying a property, everyone hopes they are dealing with an honest seller. While there are British Columbia laws designed to protect buyers from shady sellers, it is still a good idea to be on the lookout for certain things that can be designed to “cover up”...
When applying for a mortgage, the lender approves a certain amount based on what the underwriter thinks the applicant can afford. This is true whether one is applying for his or her first mortgage, getting an additional mortgage, or looking to add to the balance...
In Jan. 2022, the British Columbia Assessment Authority updated its property value database. This is a helpful tool B.C. homeowners can use to gauge the current market value of their home. The update in January reflects the value of homes effective July 1, 2021. The...
One of the main landlords in the nation's west is planning a multi-million-dollar foray into the Sunshine province next year. The founder and CEO of Mainstreet Equity Corp. is planning a move into British Columbia, and his announcement is not only drawing...
