March 2014

Is Your Mortgage Renewal Nearing?

Posted on Mar 27, 2014

This article was in the Financial Post today, March 27, 2014.

Banks are battling in a new round of mortgage rate wars, but it’s the same old terrain
The banks may finally be ready to battle over mortgage rates but the war for customers has been raging for months now.
Falling bond yields, which long-term fixed rate loans are priced off of, had already...

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Forget about a crash, Conference Board gives Canadian housing market clean bill of health

Posted on Mar 25, 2014

OTTAWA - The Conference Board isn't buying the notion that Canada's housing market will suddenly crumble, saying the most likely outlook is for a modest decline nationally and in some specific markets.The Ottawa-based think-tank argues in a comprehensive new look at real estate in Canada that the conditions for a crash simply don't exist, despite n...

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Average home prices in February rose an annual 10.1 per cent across Canada, with large increases in Ontario, B.C. and Alberta.

Posted on Mar 24, 2014

Fears that a housing bubble is brewing in Canada are overblown, according to a new report by the Conference Board of Canada. While house prices may be headed for a modest decline in some markets, there is no bubble to pop, the report says.As the price of homes continues to rise, low interest rates and low mortgage rates are keeping affordability at...

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Analysts Bullish About Vancouver's Real Estate Market

Posted on Mar 18, 2014

The article below was in today's Province newspaper. I thought it was very interesting!

VANCOUVER — A trillion-dollar transfer of wealth as baby boomers come into their inheritances will help Vancouver's real-estate market, a new study finds.Sotheby's International Realty Canada's Housing and Economic Outlook predicts prices will improve in Canada i...

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REBGV February 2014 Update

Posted on Mar 12, 2014

The Real Estate Board of Greater Vancouver just released its February 2014 Market Update. Click here to view the video

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Real Estate prices start year with gain

Posted on Mar 06, 2014

The Real Estate Board of Greater Vancouver said its benchmark price for a typical detached house climbed 3.5 per cent from a year ago to $932,900.Attached units were $458,300 – a 0.6 per cent one-year gain. Apartments were up 3.6 per cent over one year to $373,300.The biggest one-year gains reported were for detached houses in Vancouver and South B...

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