July 2017

costs to buy a home?

Posted on Jul 31, 2017 in Tips

If you’ve decided to buy a home, it’s important you understand all the costs involved in addition to the price you're paying for the property.

Here’s an overview.

Buying costs

Mortgage application

Lenders may charge a mortgage application fee, which will vary depending on the lending institution.

If you are borrowing part of your down payment through t...

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ways to reduce housing prices?

Posted on Jul 30, 2017

Michael Geller, a Vancouver architect, planner, real estate consultant, and property developer, has spent the better part of his 40-year career analyzing this topic and providing advice to all levels of government.

Geller recently shared ten ways to cool housing prices. These include practical, easy to implement ideas to increase density without bui...

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What's going on in the vancouver area?

Posted on Jul 29, 2017 in Community misc

We have over a month and half of summer left with lots of things still to participate in! 

Check out this '.....super-sized summer survival checklist that includes all the must-dos for your family to prevent the boredom blues. Print off our the list, stick it to the fridge, and see how many you can get through before the Fall arrives.

1. Metro Vancouv...

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new canadian banking rules

Posted on Jul 27, 2017 in Canadian Newcomers, Non-Residents

New Canadian banking rules that took effect July 1 are a “game changer” that could help governments in Victoria and Ottawa fight real estate tax scams exploited by foreign buyers, says a prominent B.C. immigration lawyer.

As of July 1, Canadian banks must confirm detailed information on non-resident clients — such as name, address, date of birth and...

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what's happening in real estate?

Posted on Jul 27, 2017

Did you know? 

  • Stats Canada is working on a national data base of real estate statistics.  The Housing Statistics Framework will collect data on prices, foreign ownership, mortgage and more.  The project is expected to be complete by the end of the year.
  • Bank of Canada increased interest rates to 3/4% from 1/2%, the first increase since 2010. British Co...

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the 'Hunger games' of housing?

Posted on Jul 24, 2017

It’s too little too late.

That’s what Vancouver housing activists call the city’s proposal for affordable rental units in the Oakridge Municipal Town Centre.

Mayor Gregor Robertson announced a new proposed pilot program to tackle home affordability on Sunday: designate space in rental buildings as “long-term affordable” as part of its Cambie Corridor...

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