Category Real Estate

housing market city of vancouver future dall-e ai

Housing Market 2023

2023 is the Year of the Rabbit symbolizing peace and prosperity, while 2022 was all about the three ‘i’s—inflation, interest rates, and inventory constraints. Never in history has there been a rate move like we saw on a percentage basis, with the prime…

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Accessory Dwelling Units

Statistics Canada released Canada’s population estimates for the second quarter of 2022, reporting an increase of about 284,982 people for a total of 38,929,902. “This was the highest growth rate of any quarter since the addition of Newfoundland to the…

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Buying foreclosure bank owned bc

Buying a Foreclosure

When a homeowner is unable to continue paying their mortgage, their home is claimed by their lending institution through a foreclosure process. This presents opportunities for buyers looking for discounted properties, though it comes with certain caveats. The bank will…

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PNE Prize Home 2022

PNE Prize Home 2022

The 2022 PNE Prize Home tickets are now selling. You have until September 5th to enter the draw. Located in Langley, this climate-friendly dream home includes clean energy technology, including an EV charger and an all-electric heat pump system to…

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Burke Mountain real estate for sale

Burke Mountain Real Estate

Burke Mountain is one of the Tri-Cities’ fastest-growing communities—located in Northeast Coquitlam, British Columbia. We had a lot of buyer interest in this family-oriented neighbourhood over the last few months, though the frenzy of activity which led to record price…

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Rental Housing

“Don’t find fault, find a remedy.” – Henry Ford It’s amazing how quickly society’s attention can be so easily diverted from one current event to the next. From a pandemic, to convoys, to wars, to celebrity outbursts, to billionaire hostile…

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A better way home cooling off period in Vancouver

A Better Way Home?

The British Columbia Real Estate Association (BCREA) announced their “whitepaper“, outlining proposed solutions to address the housing crisis both in the province and across the country. BCREA is recommending a “pre-offer period” where offers cannot be presented to a seller…

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Investors Ontario Real Estate Market

Investor Boom

A revealing report by Teranet suggests that investors now make up 25% of Ontario homebuyers. The number of mortgages taken out by investors doubled in the last year, as per the Central Bank. The "extrapolative" demand is being attributed to the expectation that prices will keep rising, a.k.a. Fear of Missing Out (FOMO).
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