Real Estate

Rise & Shine

    Can you feel that warm spring sun finally coming out?! With a bit of luck, winter should finally be behind us; which means summer is just around the corner. This year has already been off to a great start, with our first month reporting a year-over-year sales...

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Budding Success

    While it’s still early to tell what the rest of the year’s market activity will look like, one thing’s for sure - 2020 is off to a great start, setting up the spring market perfectly.  It’s reported that there was an over 23% increase in average market activity...

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Cold Weather, Hot Market

    While 2019 may have been off to a slow start, we certainly ended it strong. With lower inventory and higher sales than December last year, the market is looking a lot warmer than the weather heading into this new decade. All this, and the fact that homes sold...

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A Bright Year Ahead

    With a white Christmas around the corner (yay!), it’s time to talk about 2020 and what to expect in real estate this coming year. In retrospect, 2019 was shockingly consistent considering the many happenings throughout the year a change in mortgage qualifying...

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Election Impacts on Housing

    Following the recent federal election, many of you are probably wondering what’s in store for the housing economy in the coming years. While we saw an uptick in home sales in September, the question of sustainable growth continues to pop up, among things like...

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Housing Prices Starting to Stabilize

    Earlier this year the government introduced the Speculation Tax in an attempt to slow the accelerated housing price growth in the province of BC. Now, several months after this regulation was implemented, reports are claiming that, as of July, the average sale...

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Active Listings on the Rise!

    Last month, the Bank of Canada announced that they would be lowering the mortgage qualifying rate for the B-20 Stress Test in hopes that it would allow more people to access the real estate market. This good news came after the BC Real Estate Association’s (BCREA)...

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Mortgage Qualifying Rates Reduced

    Following a recent BC Real Estate Association report claiming housing sales would have been 10% higher in 2018 had it not been for the B-20 Stress Test, the Bank of Canada adjusted the qualifying rate for mortgages for the first time since 2016. Although May saw...

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