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Lower Mainland real estate cooldown continues as sales drop 42% below 10-year average

Sales and prices continue to trend downward in the Lower Mainland amid an apparent correction in the region’s real estate market. According to the Real Estate Board of Greater Vancouver, residential
Author:MEhome 2019-04-30 441

UDI forecast predicts the housing market to “reset” in 2019

Housing industry leaders say Metro Vancouverites can expect to see single-family home prices continue to fall this year along with some softening in the prices of new multi-family homes. But if you ar
Author:MEhome 2019-04-30 443

Buying Wisely in a Changing Market

“What’s brought us here is a combination of factors—higher immigration, low interest and a lack available developable land.” The other big factor is Canada’s economic stability which has had inve
Author:mehome 2019-01-08 429

Mortgage Risks Fading Thanks to Higher Rates, Tougher Rules: Bank of Canada

The lofty levels of household debt has been a key concern for the Bank of Canada as it gradually raises its trend-setting interest rate, which it has already hiked five times since the summer of 2017.
Author:mehome 2018-12-14 459
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