Good News on the Inflation Front in December
The Consumer Price Index (CPI) rose 6.3% year over year in December, down from the 6.8% pace in November. Much of the decline was owing...
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New protective measures for buyers
On January 1, 2023 amendments to British Columbia’s Property Law Act will come into effect, establishing the Home Buyer Recission Period...
Ensuring housing market remains available to Canadians
The Prohibition on the Purchase of Residential Property by Non-Canadians Act prevents non-Canadians from buying residential property in...
Property taxes explained
This tax season I’ve got a lot of question about Property Tax payment via bank. Here are a couple things to remember when you process...
Building Your Own Home? 5 Things to Consider
CHBS list will confirm:
- if builder is licensed and on what conditions
- if had any warranty claims
how many homes they build and where.
Bank of Canada Holds Rates and QE Steady
The Bank of Canada left the benchmark overnight policy rate unchanged at 0.25% and maintained its current pace of GoC bond purchases at...
Canadian Home Sales and Prices Set Another Record High in September
Today's release of September housing data by the Canadian Real Estate Association (CREA) shows national home sales rose 0.9% on a...
Advantages of a pre-approval
Getting pre-approved can be a vital step to the home-buying process! A pre-approval usually specifies a term, interest rate and mortgage...
Bank of Canada Takes A More Positive Tone
While the degree of uncertainty remains high, there is evidence that the worst of the economic downturn is behind us.
Bank of Canada maintains overnight rate target at 1 ¾ percent
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the...
Vancouver real estate: November sales roughly in line with 10-year average.
The Canadian PressStaff Contact Published Tuesday, December 3, 2019 12:31PM PST . VANCOUVER -- The Real Estate Board of Greater Vancouver...
Bank of Canada keeps key interest rate target on hold at 1.75 per cent.
The Canadian PressPublished Wednesday, December 4, 2019 4:28AM ESTLast Updated Wednesday, December 4, 2019 10:34AM EST OTTAWA -- The Bank...
Buying a House - 4 Things No One Tells You, about mortgage shopping
Ever wonder what no one tells you about buying a house? Or maybe you’re house-hunting and wondering how much of a mortgage you can...
Go direct or go with a mortgage broker?
First time home buyers have two choices when it comes to applying for a mortgage. You can approach a financial institution yourself or...
First Time Home Buyers' Program
The First Time Home Buyers' Program reduces or eliminates the amount of property transfer tax you pay when you purchase your first home....
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