Home buyers with less than a 20 per cent down payment applying for a high-ratio mortgage with a regulated financial institution are typically offered a contract mortgage interest rate.
The federal government’s ban on new foreign ownership of residential property becomes law on January 1, 2023. Here's what you need to know. (3 minute read)
Andrew is an applied economist and data scientist specializing in real estate and urban land economics with experience in the public and private sectors. (1 minute read)
To increase your chances of qualifying as a self-employed borrower, you’ll need to be familiar with what lenders require and what questions they’ll ask.
Metro Vancouver is facing a housing affordability crisis. Home prices continue to rise, and the inventory of homes for sale is insufficient to meet today’s demand.
Read about the federal government’s plans to implement a national, annual one-per-cent tax on non-resident, non-Canadian owned residential vacant or underused real estate.
The provincial speculation and vacancy tax applies to airspace above buildings classed as residential. The government will temporarily remove this tax for one year.
Before you begin home hunting, get prepared using these five simple steps to mitigate your risk so there are no unwanted surprises in one of the biggest financial decisions of your life.
To help stop the hidden ownership of real estate and prevent money laundering and tax evasion, the BC government has introduced legislation and an owner registry.
In a busy real estate market, homes are bought and sold at a faster pace than usual. This can create a sense of urgency that causes home prices to rise.
The BC government announced plans to extend its rental supplement program and moratorium on rent increases, while relaxing some of the rules around the eviction ban.