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  1. First-Time Home Buyers Incentive – What Does it Really Mean?

    Professionals waiting for more details on FTHBI Kara KuryllowiczREW Will the First-Time Home Buyers Incentive (FTHBI) really help Canadians that are ready to commit to a home of their very own? Put that question to Canada Mortgage and Housing Corporation representatives and they’ll tell you it helps make homes more affordable. Ask mortgage brokers in […]

  2. Squamish Nation to build 3000 rental units by Burrard street bridge in Vancouver

    Squamish Nation to undertake new development in Vancouver Ephraim VecinaMortgage Broker News Squamish Nation has announced its plans to begin the development of one of Canada’s largest Indigenous urban developments, slated to arise beside Vancouver’s Burrard Street Bridge. While still in its formative stages, the project will aim to build a complex offering approximately 3,000 […]

  3. Slower market is a positive for Fraser Valley affordability

    Fraser Valley sales up from March Steve RandallREP The Fraser Valley continues to be a slower-than-usual housing market but there are some positives. Sales in April were down 19% year-over-year to 1,383, although that was an increase of 13.3% from March according to MLS data from the Fraser Valley Real Estate Board. While it was […]

  4. Article about the contractors and suppliers below, we do not get paid a referral from any of them

    Referrals and conflict of interest Jeff SternREM There is a wide array of professional services home buyers and sellers use during the buying and selling processes. Lenders and lawyers are the ones people are most familiar with. There are also home inspectors, insurance brokers and home stagers, to name a few. Historically, real estate brokerages have been […]

  5. Far less homes were sold last year due to B-20

    B-20 pulled down national sales Ephraim VecinaCanadian Real Estate Wealth Initially meant as a strong policy intervention against red-hot home price growth in Canada’s most in-demand markets, B-20 was responsible for around 40,000 fewer transactions across the country (on a year-over-year basis) during Q4 2018, according to Toronto-Dominion economists. In a client note last week, […]

  6. Cedar Walk at Lelem an 18 storey tower on Acadia Road University Endowment Lands by Polygon Homes

    Polygon?s Cedar Walk at Lelem launches new Musqueam community at UBC Barbara GunnThe Vancouver Sun Lelem means “home” in the language of the Musqueam, but as Doug Avis explains it, it can convey so much more. Davis is vice-president, real estate, for the Musqueam Capital Corporation, the economic development arm of the Musqueam Indian Band, […]

  7. Wondering what sells in Vancouver’s slower market?

    REW has historical data on sales and listings throughout the Lower Mainland REW REW has historical data on sales and listings throughout the Lower Mainland. We used this data to not only see what’s selling, but to also find trends relevant to home buyers or sellers. Our focus was on which pockets of Greater Vancouver […]

  8. CMHC: Housing market is no longer “highly” vulnerable

    Improved conditions have reduced housing market to moderate Steve RandallCanadian Real Estate Wealth Canada’s housing market has been rated as “highly vulnerable” for 10 consecutive quarters but the risk is easing. The latest quarterly assessment from the CMHC says improved conditions – mostly easing price acceleration – have reduced the vulnerability to moderate. “Even though […]

  9. Analysis: Only 43 Metro Vancouver homes over $7M have sold in past year

    All of those sold below asking price, averaging 16 per cent off list, as the region?s high-end homes fail to sell Joannah ConnollyWestern Investor The Metro Vancouver real estate market is clearly cooling down, and nowhere is this happening faster than in the high-end detached home sector, an analysis of MLS data reveals. Since May […]

  10. Vancouver home sales slump again to 43% below average

    REBGV stats show sales slump Steve Randallother Home sales in the Metro Vancouver market continue their downward trend according to the latest stats. The Real Estate Board of Greater Vancouver says that there were 1,829 sales in April, up 5.9% from March but 29.1% below the April 2018 figure and 43.1% below the 10-year average. […]