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  1. Task force targets housing ‘affordability crisis’ in Vancouver

    Recommendations include community land trust Mike HowellVan. Courier The city may create a housing authority, expand zoning to allow more forms of housing such as row houses and upgrade decaying rental housing stock to create so-called affordable homes for middle to moderate income earners. Mayor Gregor Robertson announced those recommendations Monday and others, including the [...]

  2. Is home ownership really a smart investment?

    Susan PiggOther This home at 56 Simpson Ave. in Toronto’s Riverdale neighbourhood first sold for $1,200 in 1906. It went for $825,000 in Nov, 2011 If Toronto fireman Alexander Gunn was alive today, he might well feel like the Warren Buffett of his times. The semi-detached home he bought in Toronto’s Riverdale neighbourhood for $1,200 [...]

  3. Study: Homeownership over the life course of Canadians

    Other 1971 to 2006 Homeownership increased quickly with the age of the owners in the period before they reached the age of 40. Thereafter, homeownership continued to climb, though at a slower pace until it reached a plateau as owners neared retirement age. The homeownership rate changed little in the early years of retirement, but started declining when [...]

  4. Buying a Home – Canada Mortgage And Housing corporation

    Other For over 65 years, CMHC has helped millions of Canadians meet their housing needs. CMHC provides mortgage loan insurance that enables you to buy a home sooner with a minimum down payment of 5%. And CMHC is there with you every step of the way — with information before, during and after your home [...]

  5. New Rules for government-backed insured mortgages for residential properties of 1-4 units

    Other This morning, the Federal Finance Minister announced further changes to Canada’s mortgage insurance rules. Four measures were announced: 1. Amortizations reduced to 25 years2. Refinancing limited to 80%3. Properties purchased at over $1 million no longer eligible for mortgage insurance4. GDS and TDS set at 39% and 44% CAAMP believes that Canadians understand the [...]

  6. More than 150 homes sell every day across the Lower mainland

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  7. Verve 10119 Whalley Boulevard, Surrey

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  8. An “idea jam” that took place last Friday sought out-of-the-box solutions for affordable housing

    Idea Jam Kicks Off Vancouver’s re:THINK HOUSING Laura RodgersVan. Courier Could housing people in container ships off Vancouver’s coastline solve the city’s affordable housing crisis? An “idea jam” that took place last Friday sought to test out the idea, and other out-of-the-box solutions from the mundane to the wacky. The event, attended by city officials, [...]

  9. Comparing Re/Max Agents with the rest – we are Number One!

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  10. Home buyers lucky with rich pickings – Average selling time in May was 48 days

    Elizabeth WilsonVan. Courier Get out those slip-on shoes. In the first weekend of June, there were 700 open houses on Vancouver’s West Side and 500 on the East Side. Rich pickings for buyers and lookie-loos. From sellers, the cry goes out: “Well what day CAN the staging people get here, then?” . Sales and Listings [...]