More than eight in ten Canadians concerned home ownership is increasingly unattainable, as federal election edges closer Royal LePage Survey Highlights: 84% of respondents are concerned that, with rising home prices, an increasing number of Canadians will never be homeowners; that number is even higher among those who say a candidate’s position on housing affordability will influence thei ...

Canadian recreational house prices soar 11.5% as remote work drives demand in cottage country Canada’s recreational property market forecast to increase 8% in 2021 86% of recreational property regions are reporting lower inventory as demand outpaces supply 54% of recreational property regions are reporting a significant increase in buyers who are purchasing a new primary residence where ...

CMHC Announces Changes to Mortgage Insurance Underwriting and Acceptance CriteriaBelow is an important announcement from CMHC that will affect the buying power of high-ratio buyers and therefore the ability of mid priced sellers.  A high ratio buyer is someone with less than a 20% down payment/under 1 million purchase price.  While this may not be the price of your existing home, or even in t ...

U.K. Braces for Historic Decline in New Home Sales, Driven by COVID-19 Residential News » London Edition | By Michael Gerrity | April 29, 2020 9:00 AM ET Based on new analysis by global property consultancy Knight Frank, Covid-19 and the knock-on impact of the government lockdown, will result in 56,000 fewer homes being delivered this year, representing a 35 percent drop.In London, new ho ...

The Queen’s Speech re COVID “ We this generation will be judged by how we respond to this situation” 

How should “We this generation” respond to a grave of 30,000. Honestly I am at a loss! I understand that COVID and Genocide are two different things. One was inflicted while we weren’t looking... the other the victims saw coming.

Strata Insurance: Resources and Actions   Many strata owners are facing significant increases in insurance rates and deductibles. There are also multiple older buildings across the province struggling to find an insurer to renew their policy.   Potential buyers need to understand the insurance situation of strata units ...

What the 2020 BC Real Estate Assessment Report is Telling You
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