Canada Gets A New Subprime Lender – The BC Government
BC government unveils a program to help high leverage borrowers finance up to half of their downpayment, interest free for 5 years.
Average of Single Family Homes In Vancouver Lost Up To $193k In November
Vancouver real estate got some more bad news from the REBGV. The benchmark average for a single family home fell up to $193k in just 30 days.
CMHC Foreign Buying Data Questions The Integrity of The Agency
CMHC survey shows significantly less foreign buyers are purchasing Canadian real estate, but there may be a few issues with their data.
Vancouver Real Estate Assessments Soar Up To 50% Higher
Vancouver real estate’s record year will push property assessment values up to 50% higher according to BC Assessment.
Vancouver Condo Absorption 18% Lower Than Last Year
The Vancouver real estate market got more mixed signals, as condos staged a minor recovery. Far from last year, but still solid.
BC Foreign Buyer Tax Might Actually Cost Canadian Taxpayers Billions
The foreign buyer tax implemented to help cool Vancouver real estate could become a fine that all Canadians will have to pay.
Demand For Single Family Homes In Vancouver Drops Over 50%
Vancouver real estate gets another hit. Demand for detached homes dropped over 50% last month when compared to the same time last year.
Americans Buying Canadian Real Estate? There’s A Tax For That
Americans fleeing President Trump might be surprised by the cost of Canadian real estate – especially since they’re “foreign buyers.”
Demand For Toronto Real Estate Increased In October
All of this bubble talk had little impact on buying, as Toronto real estate continued to see an increase in demand-side pressure.
Liberal Party Fundraisers Accused of Real Estate Fraud
Quebec’s anti-corruption squad is alleging four prominent Quebec Liberal Party fundraisers engaged in a massive real estate fraud scheme.
