Insights and Updates from Clark Woods LLP
Welcome to the Clark Woods LLP Blog, your resource for expert commentary on legal developments, practical advice, and updates on our firm’s activities. Whether you’re seeking information on recent legal trends or looking for guidance on specific legal matters, our blog is here to keep you informed and engaged.
Bank of Canada rate drops look to continue well into 2025
What They Mean for Canadians in 2024 and Beyond Interest rates are falling and experts believe they could continue to fall well into 2025, providing welcome news for mortgage holders and potential homebuyers. The Bank of Canada’s recent decision to drop its...
Estate Disputes: Why It is Important to Have Strong Legal Representation
Protect your inheritance and resolve conflicts with skilled estate litigation lawyers The loss of a loved one is an emotional time, but the stress can be compounded when disputes arise over their estate. Whether due to an unclear will, perceived inequities in the...
Your Trusted Partner in Business Law in Metro Vancouver
Helping businesses in Metro Vancouver and the Fraser Valley thrive with expert legal solutions tailored to your needs Navigating the complexities of business law in Metro Vancouver is no small task. That’s why businesses across the region have turned to Clark Woods...
Metro Vancouver Real Estate Surges in October Amid Lower Mortgage Rates
Buyers return as sales jump 31.9% year-over-year, fueled by rate cuts October brought a significant shift to the Metro Vancouver real estate market as home sales surged following lower mortgage rates and months of below-average activity. Residential sales in the...
Mortgage Stress Test Being Dropped
Canadian mortgage holders looking to renew their home loan got some good news last month as the national banking regulator confirmed that it will be discontinuing a requirement that made it harder to change lenders. The Office of the Superintendent of Financial...
Cornhole Classic 2024 proudly sponsored by Clark Woods LLP
Clark Woods LLP was proud to sponsor this year’s Colon Cancer Charity Cornhole Classic hosted by The Goutsisson Family Foundation this summer. The event raised $30,000 for the BC Cancer Foundation, pushing the total funds raised for colon cancer support and awareness...
Metro Vancouver Real Estate Market Sees Growth in Inventory
Home sales across the Metro Vancouver real estate market slowed in September 2024, registering a 3.8% year-over-year decline as the region’s housing market continues to feel the impact of high borrowing costs. According to data from Greater Vancouver Realtors (GVR),...
Federal Government Proposes Mortgage Changes to Help First-Time Homebuyers
The federal government has announced mortgage changes that will make it easier for first-time home buyers to enter the real estate market and buy a home. Proposed changes floated by the Liberal government would see price caps removed and amortizations extended on...
Real Estate Agent Suspended for Misconduct after Forging Signatures in Richmond Land Deal
A British Columbia real estate agent has been suspended for six months for misconduct after admitting to forging signatures on key documents in a Richmond land assembly deal. The BC Financial Services Authority (BCFSA) announced last week that Ramandeep Singh Kooner...