Market News

New CMHC measures to help self-employed Canadians buy a home

Posted on Aug 17, 2018

If you're self-employed, you're part of a growing trend. About 15 per cent of Canada’s workforce is now self-employed, a group that typically finds it more difficult to qualify for a mortgage because their income may vary or be less predictable. As of October 1, 2018, Canada Mortgage and Housing Corporation (CMHC) mortgage loan insurance will be av...

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Housing supply up, demand down across Metro Vancouver

Posted on Aug 01, 2018

July’s residential housing sales in Metro Vancouver* reached their lowest levels for that month since the year 2000. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,070 in July 2018, a 30.1 per cent decrease from the 2,960 sales recorded in July 2017, and a decrease of 14.6 per cen...

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Buyers less active today

Posted on Jul 04, 2018

Home seller supply grows as demand declinesWith home sale activity dipping below long-term historical averages, the supply of homes for sale in Metro Vancouver reached a three-year high in June.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,425 in June 2018, a 37.7 per cent decline fr...

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Property taxes and your options

Posted on Jun 26, 2018

Property taxes are due early in July. If you’re a property owner unable to pay your property taxes on your principal residence, you may be eligible for the BC Property Tax Deferment Program. This is a low-interest loan program that lets qualifying property owners defer part, or all, of their property taxes on their principal residence. For more inf...

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May market highlights for Metro Vancouver

Posted on Jun 01, 2018


Home buyer demand continues to decline across the Metro Vancouver* housing market.  The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,833 in May 2018, a 35.1 per cent decrease from the 4,364 sales recorded in May 2017, and a 9.8 per cent increase compared to April 2018 when 2,579 hom...

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April highlights for Metro Vancouver

Posted on May 02, 2018




The Metro Vancouver* housing market saw fewer home buyers and more home sellers in April. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,579 in April 2018, a 27.4 per cent decrease from the 3,553 sales recorded in April 2017, and a 2.5 per cent increase compared to March 2018 when...

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