Category: Uncategorized
-
8 Ways to Save a Down Payment for a Home
Effective strategies for saving for a home include prioritizing savings over discretionary spending, creating a budget to identify cutbacks, and paying off high-interest debts first. Using cash instead of credit can lead to significant savings. Saving raises, bonuses, and tax refunds separately is beneficial. Utilizing RRSPs and Tax-Free Savings Accounts can aid in down payments,…
-
Will Vancouver’s Housing Market Rebound in 2025?
Home prices in Vancouver are projected to decline about 2% in 2025, with a potential stabilization or modest recovery in 2026. Higher inventory levels will provide buyers with more options, helping the market gradually balance supply and demand conditions. Affordability is expected to improve slightly due to lower interest rates and moderating prices, though challenges…
-
کاهش معاملات و آگهی‌های املاک در Kootenay-Boundary در ماه اوت
فعالیت بازار املاک در منطقه Kootenay-Boundary در ماه اوت با کاهش جزئی در فروش و آگهی‌های جدید همراه بود؛ ۲۷۸ معامله مسکونی و ۴۲۹ آگهی جدید ثبت شد که هر دو نسبت به ماه قبل کاهش داشتند. تعداد آگهی‌های فعال نسبت به سال گذشته ۴.۳٪ کاهش یافت. قیمت معیار خانه‌های تک‌خانواری ۲.۵٪ و تاون‌هاوس‌ها ۳.۱٪…
-
How to Apply for a Mortgage When You’re Self-Employed
Self-employed individuals can successfully obtain a mortgage by demonstrating financial stability and trustworthiness. Key steps include providing two years of income proof through bank statements, tax Notices of Assessment, and maintaining a good credit score. Essential documents also include HST/GST payment proof, business licenses, and client contracts. It's crucial to manage tax deductions wisely, as…
-
Last Call 2025 Buyers: Vancouver Prices to Drop This Fall!
Slide 1: Vancouver housing is dropping fast—expect a 15% correction by the end of 2025! Slide 2: Average Vancouver home price will hit $2.11M, opening serious opportunities for buyers this fall. slide 3: The first half already saw a 6.3% dip—market slowdown is continuing steadily. slide 4: Buyers finally have leverage; sellers are adjusting—Vancouver’s market…
-
Vancouver Housing Market: Signs of Recovery in Mid-Summer
July sales: 2,286, ↓2% YoY, 13.9% below 10-year avg. Benchmark price: $1,165,300, ↓2.7% YoY, ↓0.7% MoM. Active listings ↑19.8% YoY to 17,168; new listings ↑0.8% YoY.
-
Vancouver Moves to Rescue Stalled Development and Keep Housing Projects Alive
Vancouver is easing financial pressures on housing projects by allowing deferrals of major municipal fees and Community Amenity Contributions, freeing up working capital during development. The city is also streamlining permitting by deferring utility servicing reviews and freezing fee inflation. These targeted changes aim to stabilize approved projects amid rising costs and slow market conditions,…
-
Metro Vancouver 1-Bedroom Rent Prices in Late-Summer
Avg. unfurnished 1-bed now $2,206, ↓ $26 from July Year-over-year, rents ↓ $172 since August 2024 West Vancouver tops at $2,648 for 1-bed; Langley lowest at $1,796 Furnished 1-bed units cost $68 more/mo on avg. West Point Grey/UBC is Vancouver's priciest neighbourhood at $2,849 for 1-bed
-
Vancouver Moves to Unblock Stalled Housing
City defers major fees over $500k, freezes inflation indexing, and streamlines permitting steps. These measures aim to safeguard 83,000 planned homes, including 28,900 targeted by 2028.
-
Vancouver Condos: Stable Amid Small Dip
1,158 apartment units sold in July, down from 1,192 last year. Benchmark apartment price: $743,700, ↓ 3.2% YoY and 0.6% MoM. Overall residential sales: 2,286, ↓ 2% YoY, 13.9% below 10-year avg. Inventory stable at ~17,000 listings; prices expected to trend sideways short term. Bank of Canada rate hold may support sales amid economic uncertainty.…