All in Real Estate
This real estate update is focused on the City of Burnaby. Real estate is local and even though Vancouver and Toronto are in the news that doesn’t help people living in sub-markets like Burnaby. The fact that luxury downtown Vancouver condos aren’t as well as quickly doesn’t have much bearing on Burnaby.
This real estate update is focused on the City of Surrey. Real estate is local and even though Vancouver and Toronto are in the news that doesn’t help people living in sub-markets like Surrey. The fact that luxury downtown condos aren’t selling as quickly doesn’t have much bearing on Surrey.
It's easy to get caught up in the excitement of home shopping. With every open house we visit, we start to imagine what it would be like to live in our very own home. With all this excitement we often overlook the many surprising and stressful costs involved in this purchase.
Advice, guides and checklists for first time home buyers on the first stage of homebuying. Learn how to set a budget that includes all of the costs of a home purchase. Find out what the ongoing costs of ownership are.
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.
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?
A detailed guide to mortgages for all levels of homebuyer.
