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Metro Vancouver Real Estate Market Sees Growth in Inventory

Metro Vancouver Real Estate Market Sees Growth in Inventory

by clarkwoods | Oct 10, 2024 | Real Estate

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

Federal Government Proposes Mortgage Changes to Help First-Time Homebuyers

by clarkwoods | Sep 20, 2024 | News

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

Real Estate Agent Suspended for Misconduct after Forging Signatures in Richmond Land Deal

by clarkwoods | Sep 19, 2024 | News

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...
Metro Vancouver Real Estate Market Sees Home Sales Slump in August

Metro Vancouver Real Estate Market Sees Home Sales Slump in August

by clarkwoods | Sep 19, 2024 | Real Estate

The Metro Vancouver real estate market continued to lag in August 2024, falling well below the ten-year seasonal average as high borrowing costs kept potential buyers at bay. According to the Greater Vancouver REALTORS (GVR), residential sales totaled 1,904 for the...
New rules go into effect to allow 30-year mortgages for some first-time homebuyers

New rules go into effect to allow 30-year mortgages for some first-time homebuyers

by clarkwoods | Aug 18, 2024 | Real Estate

Changes by the federal government aimed at making home ownership more affordable for first-time homebuyers went into effect this month, allowing 30-year mortgages for some prospective buyers, up from the standard 25-year term. As a result of the changes, which went...
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