Sales were up in all types of housing in August, according to the Real Estate Board of Greater Vancouver Tiffany Crawford The Province Home sales in Metro Vancouver were slightly up this summer compared with last year, according to the Real Estate Board of Greater Vancouver. There were 2,231 residential properties sold in August, a […]
The first-time home buyer incentive falls short for Vancouver buyers Steve RandallCanadian Real Estate Wealth As Canadians enjoyed the Labour Day holiday, a new government scheme was officially launched that aims to help more people get on the housing ladder. But the First-Time Home Buyer Incentive may not be the panacea for potential new entrants […]
Pre-sale units fewer this year due to late or cancelled developments Ephraim VecinaMortgage Broker News Launches of pre-sales in the Greater Vancouver region have seen a drastic decline over the past year, as developers are reacting to sluggish absorption rates by deferring the release of new supply. Data from MLA Canada showed that the market […]
The government’s First-Time Home Buyer Incentive (FTHBI) comes into effect today Sarah Turnbull other The program, aimed at making it easier for young people to buy their first home by lowering new buyers’ monthly mortgage payments. According to the program, which was introduced by the Liberals in their 2019 budget, the federal government will absorb […]