by clarkwoods | Nov 22, 2024 | News, Real Estate
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...
by clarkwoods | Nov 6, 2024 | Real Estate
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...
by clarkwoods | Oct 21, 2024 | News, Real Estate
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...
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),...
by clarkwoods | Sep 20, 2024 | News, Real Estate
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...
by clarkwoods | Sep 19, 2024 | News, Real Estate
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...