Blog by Hassenn "The Good Guy"
We will see if these changes will force some ...
I am very grateful for the RE/MAX Platinum Club Award and the MLS Medallion Club Award received in 2017. My clients are my top priority and we work as a team, I wouldn't have done it without them. Thank you All for your support in 2017!
Billions of dollars have been invested in real estate in Metro Vancouver, especially in the last few years and we have had the up trend in price.
According to Trading Economics.com, Canadian household debt to disposable income ratio in 2017 was 173.34%, reaching an all time high in the third quarter of 2017.
I always advise my clients to have a Plan B in case the market goes sideways or ...
Here is a link to BCREA's youtube channel by Chief Economist Cameron Muir.
"Robust housing demand in 2017 was underpinned by a strong economy, employment growth and rising wages," said Cameron Muir, BCREA Chief Economist. "Above trend migration, both international and interprovincial, also bolstered housing demand, while broader demographic fundamentals added fuel to condominium ...
Vacancy rates continue to be very low for Greater Vancouver in 2016.
To view the full CMHC Rental Market Report click the link below.
Canada Mortgage and Housing Cor.(CMHC) recently warned about "High levels ofindebtedness coupled with elevated house prices."
CMHC is responsible to insure rusky mortgages such as mortgages with less than 20% down.
Please click the link below for more details.