On November 24, 2022, the BC Government passed amendments to the Strata Property Act which take immediate effect. There are two significant changes impacting REALTORS® dealing with strata properties, as well as their clients: all rental restriction bylaws are removed, except for bylaws restricting short-term rentals such as Airbnb or Vrbo, and all age restriction bylaws are removed, with the exception […]
The Canadian market may be tilting in favour of buyers after spending much of the past two years favouring sellers, according to a recent report analyzing borrowing data. Nesto, a national online marketplace for mortgages, recently published a study examining its client data from September, finding the median purchase price of a home dropped across […]
The great exodus from urban to suburban and rural has ended and seemingly reversed itself, according to new data from a Calgary-based realty firm. “The pandemic created unprecedented demand for single-family detached homes in suburban and rural areas across much of the country including Calgary,” says Robert Price, chief executive officer of Bode. But in […]
According some reliable sites like https://cishomeloans.com/, buying a home is no easy task. It’s likely the biggest investment you’ll ever make in your lifetime and there are so many things you need to take into consideration, like where you should live, how much you can afford to spend, and when the right time to move […]
As Canadian home sales activity and prices continue their downward trend, many prospective home buyers want to know where the bottom is… and how hard that landing will feel. Predicting the end to the slide is anyone’s guess, but the Canadian Real Estate Association’s Senior Economist Shaun Cathcart said there’s an “increasing number of data […]
Design trends come and go each year, and it’s always an exciting undertaking for interior designers to explore the current and upcoming design themes for condos, townhouses and single-family homes for which we recommend this new guide on how to paint kitchen units for a fine finish. When we think about these trends, however, we often overlook architecture or […]
Canada has more than 200 universities and colleges spread across the country and many of these higher education institutions consistently rank among the top in the world. A 2021 IDP Connect survey of students from 55 countries found Canada is the top choice for a post-secondary education. It’s no surprise when you consider Canadian schools provide high-quality […]
Over the past year, housing markets in Canada have experienced historical growth in both home prices and sales activity. Inventory dropped while demand increased, causing a dramatic shift to a seller market. This month’s data (March 2021) marks a year since COVID-19 made its first major impact on Canadians, and the story has been incredible.
Once upon a time first-home buyers stopped at $600,000. Now they drive surprise sales above $1m. Market entrants claimed the keys at a pair of seven-figure northern suburbs auctions a week ago and experts think we’ll see more and more in that range. A three-bedroom Thornbury house sold for $1.32m last Saturday after six bidders […]