Find out which condo markets in Metro Vancouver have had the biggest price gains in the past 5 years.
Find out which condo markets in Metro Vancouver have had the biggest price gains in the past 5 years.
Balanced and honest insights into how to read and interpret real estate news, so you can cut through the smoke and mirrors.
When you buy a home, the lender requires you to get home insurance but they only require bare bones coverage for the value of the building. A home is likely your most valuable investment and you need to know that you have enough coverage to protect yourself and not just the bank.
A majority of Canadians believe they have more insurance coverage than they actually have.
This simple condo buying strategy will save you $100,000
Until May, home buyers with a 2017 pre-approval will have an unfair advantage. Don’t make an offer on a home until May 1st.
A mortgage regulatory change that hasn’t been talked about much in the media but it will likely impact Toronto, Vancouver, Victoria, and Hamilton, especially if condo prices continue to climb. It asks lenders to loan less in markets with high property value risk.
In the past year detached home prices have drifted downward in Toronto and Vancouver while condo prices have surged, so the price gap between the two has narrowed. At the end of this article we explain our belief that now may be the best time to trade in your condo or townhome for a detached home.
The consensus seems to be that 2018 will experience a drop in detached home prices while condo prices rise.