When it comes to Canadian real estate, it’s very much Vancouver and Toronto vs. the rest of the country; those two markets are far-and-away home to the priciest real estate in the country and locals have … Read More
Vancouver Real Estate
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Imagine you could spend your entire income to pay off your mortgage faster. To determine how long that might take, researchers at Point2 Homes calculated the median multiple (ratio of median house price to median household … Read More
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In a recent survey, Point2 Homes asked 29,000 people from nine countries about the sizes of their actual and ideal homes. The survey revealed that Canadians have the third-largest homes. Compared to the other surveyed countries, … Read More
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The latest numbers have been released by the Toronto and Greater Vancouver real estate boards—and they reveal prices and sales continued to surge in March. Toronto, unsurprisingly, remains the fastest-growing real estate market in Canada as … Read More
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Red tape is a key detriment to the availability of affordable housing, according to the Fraser Institute. The public policy think tank says higher-end communities are using red tape and development charges as a tool to … Read More
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Quarter after quarter, Canada has seen home prices rise in many of its real estate markets, which raises questions about how homebuyers are adapting to this breakneck pace. Have they adjusted their searches to new home … Read More
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A new tax on foreign buyers seems to be having a negative effect on Metro Vancouver’s housing market as sales plunged by 26% in August.
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The Government of British Columbia is taking action to slow the flow of foreign money into Vancouver’s real estate market by adding a 15% tax on homes purchased by foreign nationals. The new rules announced earlier … Read More
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The sharp rise in prices in the country’s two hottest housing markets isn’t likely to continue, a Bank of Canada (BoC) report says.
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The Vancouver real estate market certainly comes with a high price tag these days, especially if you’re in the market for a house and you want the best mortgage rate. To help, we’ve done some work … Read More