Bank of Canada Rate Hold: What Does this Mean for the Vancouver Real Estate Market
The Bank of Canada’s decision to maintain its policy rate at a 22-year high of five percent has offered some respite to mortgage owners while increasing…
The Bank of Canada’s decision to maintain its policy rate at a 22-year high of five percent has offered some respite to mortgage owners while increasing…
As interest rates rise, the real estate market in Vancouver is experiencing increased pressure. Houses, townhomes, and condos are responding differently to these changes, and various…
In the world of real estate, few moments are as pivotal as the presentation of an offer on a home. Whether you’re a first-time homebuyer or…
In B.C.’s competitive rental market, landlords will soon be permitted to raise rents for existing tenants by 3.5%, up from the current 2% cap. This change,…
British Columbia’s housing minister has unveiled forthcoming legislation aimed at increasing housing density. The proposed laws intend to permit the construction of duplexes, triplexes, and townhomes…
As 30-year mortgage rates surge past the 7% mark, a significant number of current homeowners seem hesitant to sell their properties, fearing the prospect of acquiring…
A Real Estate transaction is a delicate process with a lot of moving parts. Certain terms that appear on a contract can bring doubt to a…
Rising interest rates are a tool being used to slow down inflation in Canada. As we approach another announcement by the Bank of Canada many people…
The Bank of Canada raised interest rates for the sixth time in a row today bringing the Overnight Rate to 3.75% and major banks followed bringing…
There have been different headlines in the media recently regarding decreasing sales volumes and slower traffic when it comes to selling homes, making some people worry…
As the market remains slow in most areas of Greater Vancouver, some buyers and sellers are unsure of how to properly navigate the changing value of…
On September 7, the Bank of Canada announced a 0.75% interest rate increase in a continued effort to fight inflation. Denny and Monica discuss what this…
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