A look at how the real estate market got here, and where we should take it Douglas ToddThe Vancouver Sun Metro Vancouver residents have struggled with housing crises since the 1970s. Four decades ago, even when the gap between local wages and housing prices was not nearly as severe as it is today, economist Gordon […]
Program may not change how much capital buyers can access, experts say DAN FUMANOThe Vancouver Sun Both the praise and condemnation heaped upon the B.C. government’s homebuyer assistance program this month have been misguided, some B.C. mortgage industry professionals say. On Dec. 15, the government unveiled the B.C. Home Owner Mortgage and Equity Partnership program, announcing they would […]
Mike Smyth The Province The B.C. government launches an ad campaign in support of its first-time homebuyers loan program. Would the NDP scrap the program if they win the May election? You can’t turn on a TV set these days without getting blitzed by the onslaught of taxpayer-financed commercials touting Premier Christy Clark’s interest-free loans […]
Commercial sales reach new record this year Evan DugganThe Vancouver Sun A small number of big office deals pushed Metro Vancouver’s commercial real estate sales figures to a new record in 2016, with the first-half numbers surpassing the entire total for the previous year, according to Colliers International’s Metro Vancouver Investment Report. Halfway through 2016, Metro […]
Opinion: Industry expert says sell, sell, sell Larry JacobsonThe Province Over my lengthy 45-year career as a financial advisor, I have been a strong advocate of owning apartment buildings. But now, as much as it pains me, I am recommending to clients not to further buy any residential revenue properties in the Greater Vancouver area. […]
other As we approach the final few weeks of 2016, many real estate agents and business owners are spending time coordinating last-minute closings, sending out holiday cards and gifts to past clients, and maybe even squeezing in one or two more days of home tours and open houses. The end of the year can also […]
other As discussed a month ago, Christy Clark has just announced the details regarding a home owners down payment matching program coming January 2017 to help our first time buyers. We are pumped as the government anticipates this will help an estimated 42,000 families over the next 3 years #BCFIRST Under the program, the BC […]
Product was a known killer, but low cost made it irresistible Owen MunroThe Province Asbestos seemed like a miracle product: It was fire-resistant, an excellent insulator and dirt cheap. Canada’s infrastructure relied heavily on asbestos from the early 1900s until it became clear the fibrous mineral was killing people at an alarming rate. Even though […]
LARRY PYNNThe Province Transport Canada launched a record 118 investigations into the illegal use of drones this year across the country, including 18 in B.C. The federal department also issued a record 16 fines for drone-related violations in Canada to Dec. 1 this year — half of those in B.C. There were just five fines […]
Taking Bold Action on Housing other Offers qualifying home buyers loans of up to $37,500, interest and payment free, for five years. The province will begin accepting applications on January 16, 2017. To qualify, buyers must: be buying their first home obtain a high-ratio, insured first mortgage for at least 80 per cent of the […]