Struggling to find things to do with your children now summer is coming its close? Here are our favourite family-friendly festivals throughout the month of September.
Struggling to find things to do with your children now summer is coming its close? Here are our favourite family-friendly festivals throughout the month of September.
45% of homes proposed in the City of Vancouver are suites and 1-bedrooms suitable only for small households. Barely any 3-bedroom apartments are built when 24% of new apartments in Metro Vancouver should have 4-bedrooms. We need to more homes and the right mix of homes fast or else by 2020, 100,000 hard-working people will be underhoused.
Simply put, Vancouver is a scenic wonderland. Take a trip to these local lookouts for some stunning photos of the unique skyline and magnificent natural wonders so nearby!
Our homes consume a lot of energy, so we want to minimize their impact on the environment but it’s hard to know what to ask and what the standards are.
It’s official. Both House and Condo apartment prices in Metro Vancouver dropped in July. RBC Economics says they now believe that the mortgage stress tests will have larger, longer-lasting dampening effect on home sales than we previously thought.
All levels of government have targeted a “soft landing” but will people lose interest in buying real estate if it only appreciates by 1-3% annually? Will the realization that the party is over lead investors to the exits?
By 2020 Metro Vancouver housing stock will be short by 47,000 homes! The housing supply problem is bad, it’s real, and will get worse.
We’ve all heard people in Vancouver who blame lack of supply for housing unaffordability. Many will have heard the opposing argument that the supply problem is a “myth”. However, our analysis at Mortgage Sandbox shows that the supply problem is real and could be worse than any of us imagined.
We need to settle this once and for all, so that government can act quickly to solve the housing crisis.
Over the past ten years there have been many government interventions intended to cool the housing market. It appears we may have hit a tipping point. The market has stalled and is either about to provide a “soft landing” or “hard landing” delivering much needed affordability to the market. Alternatively, this could just be a breather before prices continue their upward march.