After seeing record sales and prices during the pandemic, Metro Vancouver’s* housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of … [read more]
Prohibition on the Purchase of Residential Property by Non-Canadians Regulations: SOR/2022-250 The Prohibition on the Purchase of Residential Property by Non-Canadians Act, P.C. 2022-1259, was passed on December 2, 2022. This … [read more]
Rental Prices Dip This December Across Metro Vancouver With rental prices dipping this December across Metro Vancouver, many people feel fortunate for signing a lease during this time. According … [read more]
From the ability to restrict homeowners from renting out their residential units is now in effect. It is anticipated about 2,300 empty condominiums across BC cannot be rented out due … [read more]
NOVEMBER AT A GLANCE The Bank of Canada may choose to act more forcefully to bring inflation back toward target levels While typically a quiet month of market activity based … [read more]
Inflation, and interest rates create caution in Metro Vancouver’s housing market Home sale activity across the Metro Vancouver* housing market continued to trend well below historical averages in October. … [read more]
Plan to boost immigration comes as the country faces labour shortage Source: The Canadian Press (CBC NEWS) The federal government is planning a massive increase in the number of immigrants … [read more]
Should you Rent or Buy Commercial Real Estate? 5 Questions for Business Owners to Ask Themselves The decision of whether to buy or rent your commercial space largely depends on … [read more]
Home sellers were more active in Metro Vancouver’s* housing market in September while home buyer demand remained below the region’s long-term averages. The Real Estate Board of Greater Vancouver … [read more]
Written by: Kerry Gold From: Real Estate News Exchange Long-time Vancouver developer Gino Nonni is returning to his family roots with the rebranding of Serracan Properties and the launch of … [read more]
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