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Real Estate

Banks vs. mortgage brokers: which is better for homebuyers?

Banks vs. mortgage brokers: which is better for homebuyers?

Mortgage brokers have the potential to offer a wider variety of rates, while banks have the advantage of an existing relationship that brings comfort to the homebuying process, says real estate advisor.
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Here is how renters can get information about Metro Vancouver landlords

Here is how renters can get information about Metro Vancouver landlords

Be prepared before you sign a lease.
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Home prices in Q4 down year-over-year, first decline since end of 2008: report

Home prices in Q4 down year-over-year, first decline since end of 2008: report

TORONTO — A report by Royal LePage says the median price of a home in Canada in the fourth quarter of 2022 posted the first year-over-year decline since the end of 2008 during the financial crisis.
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B.C. owners and renters have highest housing expense in Canada, survey finds

B.C. owners and renters have highest housing expense in Canada, survey finds

Not a single B.C. city made it on the 'lowest shelter costs' list.
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B.C. creates $500 million fund to buy old rental buildings and protect tenants

B.C. creates $500 million fund to buy old rental buildings and protect tenants

BURNABY, B.C. — The British Columbia government says it will save rental homes and protect tenants from "housing speculators and profiteers" with the creation of a half-a-billion-dollar Rental Protection Fund.
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Banking regulator launches consultations on mortgage rules, proposes additions

Banking regulator launches consultations on mortgage rules, proposes additions

Canada's banking regulator is launching public consultations on existing and newly proposed mortgage lending rules as it says loan risks have increased considerably since the start of the COVID-19 pandemic.
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As B.C. homeowner grant approaches $1B, critics call for its end

As B.C. homeowner grant approaches $1B, critics call for its end

BC NDP housing minister Ravi Kahlon has defended giving nearly one billion dollars of property tax revenue back to B.C. homeowners annually. Critics, meanwhile, are questioning the homeowner grant's necessity.
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Coquitlam's cheapest and most expensive condos, townhomes and houses today

Coquitlam's cheapest and most expensive condos, townhomes and houses today

Listed prices for some are lower than the 2022 assessed value, except in the case of one massive Coquitlam home that has its own indoor pool and elevator.
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Sale of troubled Atmosphere project in Richmond put on hold

Sale of troubled Atmosphere project in Richmond put on hold

New building permit required to secure best value for the assets
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Canada will see weakest level of homes sales since 2001 this year: TD report

Canada will see weakest level of homes sales since 2001 this year: TD report

TORONTO — A new report from TD Economics predicts Canada will see the weakest level of home sales since 2001 this year.
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