Justin da RosaREP A comprehensive new report tells agents what makes these clients tick. Genworth Canada, one of the country’s mortgage default insurers, released a study on first-time homebuyers to help the industry, including real estate agents, gain insight into those homebuyers purchasing habits. “From the perspective of a mortgage insurer, these first-time homebuyers possess […]
Justin da RosaREP Home sales decline in April, with both Toronto and Vancouver experienced diminishing activity. “Sales in Vancouver are down from record levels in the first half of last year but the gap has started to close,” CREA President Andrew Peck. “Meanwhile, sales are up in Calgary and Edmonton from last year’s lows and […]
Bosa Properties poised to complete its Miramar Village project in White Rock Simon BriaultThe Vancouver Sun Miramar Village Project location: Johnston Road and Thrift Avenue, White Rock Project size: 229 homes; one to three bedrooms; 550 to 2,700 square feet Developer: Bosa Properties Architect: NSDA Architects Interior designer: BYU Design Sales centre: 1425 Johnston Road; […]
Steve RandallREP The high home prices in Vancouver have spilled over into other municipalities in British Columbia, CMHC reports. Cities within easy commuting distance of Vancouver have been most affected but the agency’s report suggests others further out could also see price rises as buyers make a trade-off between distance to Vancouver and the home […]
Justin da RosaCanadian Real Estate Wealth Investors may have a few new markets to target, according to a recent report. Vancouver’s sky-high home prices have created a spill-over effect in outlying markets, with varying degrees of impact based on proximity to the city centre. “Price changes in the City of Vancouver are linked to prices […]