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Condo Buying, More Affordable than a House
April 18th, 2012More affordable than a house: Condos seen as an attractive option in Vancouver's expensive real estate market. Attracted to an urban lifestyle in one of Canada's most expensive real estate markets, nearly two-thirds (62%) of Vancouver condo buyers say their main reason for buying a condo is that it's more affordable than a house. Read Full Article: More affordable than a house: Condos seen as ...
Planning Now for Tomorrow
April 16th, 2012Joint Mortgages can help increase buying Power, but comes with Complexity
April 11th, 2012
Thinking about getting a joint mortgage? Although joint mortgages can help increase buying power, there can be complexities. Partners should enter with eyes wide open and a solid legal agreement. If done properly with understanding of obligations, joint mortgages can be a great way to get into the market. Read Full Article: Joint Mortgages Help Increase Buying Power, but comes with Complexit ...
Telus Vancouver Condos Fly off the Market
April 4th, 2012
Telus has sold out the first condo development it has ever built, before a planned formal launch in mid-April, making it the second large Vancouver project to sell out almost instantly in the past month. Local sellers all say that it’s not foreign investors driving the market, but local investors and people planning to live in the condos themselves. Read Full Article: Telus Vancouver condos ...
Burnaby on Pace for Blistering Growth Spurt
April 2nd, 2012
The Burnaby skyline is about to be transformed. The city is looking at plans to raise skyscrapers in Metrotown possibly as high as 59 storeys, with plans for more major towers to sprout over the next few years. Read Full Article: Burnaby on Pace for Blistering Growth Spurt
RBC Raises Mortgage Rates, Signals End to Price War
March 26th, 2012
Royal Bank of Canada, the country's largest mortgage lender, is increasing its rates. The move is a sign that the mortgage price war could be drawing to a close as banks seek to reinflate their profit margins. Read Full Article: RBC Raises Mortgage Rates, Signals end to Price War
BMO & CREA Offer Tips for Buyers & Sellers
March 23rd, 2012
With the busy spring house hunting season only weeks away, BMO Bank of Montreal and The Canadian Real Estate Association are recommending that house hunters get a head start on planning. Buying and selling your home can be one of your biggest financial decisions. REALTORS are licensed professionals who can walk you through every step of the process. One of the first steps is to get preapp ...
North America's Tallest Wood Building to be Built in BC
March 22nd, 2012
B.C. is moving ahead with plans to build what is expected to be the tallest wood building in North America and possibly the world. Engineered wood skyscrapers of up to 30 storeys can be safely built using this new wood technology. Read Full Article: North America's Tallest Wood Building to be Built in BC
Skyrocketing House Prices Bound to come down, BMO Head says
March 21st, 2012
BMO Chief executive says that soaring household debt levels are highlighting the need for a soft landing in the residential real-estate market. As a way of tightening lending, he supports a move toward shorter amortizations on mortgages in Canada to reduce consumer exposure to debt. Read Full Article: Skyrocketing House Prices to come down, BMO Head says