British Columbia is running out of first-time buyers, despite falling prices. Government of British Columbia filings show first-time homebuyers made a small increase in June, compared to the month before. However, this increase wasn’t big enough to reach last year’s levels. The province continues the multi-year trend of declining first-time homebuyers. B.C. First-Time Homebuyers Drop […]
BC’s 2018 Budget Takes Aim At Vancouver Real Estate Speculators, Here’s Why
The Province of British Columbia unveiled its 2018 budget, including a 30 point plan to restoring housing affordability. Here’s the most important details that may impact Vancouver real estate prices.
BC Late Mortgage Payments Fall 29% In April
Vancouver’s crazy real estate market is spreading to the burbs, and sending late mortgage payments across the province even lower.
Bài Bài Vancouver, BC Has A New Foreign Buying Capital
Vancouver real estate isn’t the hotspot for BC’s foreign buyers. Instead, the suburb of Richmond is seeing 1 in 10 homes go to non-residents.
BC Government’s Subprime Loans Fueled Almost 7% of Vancouver Real Estate In Q1
Vancouver real estate buyers got help from the BC Home Partnership, but the program added more to prices then it contributed. *slow clap*
BC Real Estate Sales Fall By Over $10 Billion YTD
British Columbia’s cool start to the year is adding up to over $10 billion less in sales this year compared to last.
Here’s The Data Every BC Voter Needs To Make A Decision This Week
Still undecided on how you’ll vote in the BC election this week? Here’s the data points everyone interested in housing needs to review first.
Richmond BC Is Transforming Into A Ghost City Without A Plan
Is Richmond turning into a ghost city? Some locals claim rapid speculation over Vancouver real estate has turned the suburb into one.
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.
BCREA: Vancouver Real Estate Expected To Lose $1,730 A Week In 2017
BCREA is already less than optimistic about Vancouver real estate. They expect falling prices in the city, as well as most of the province.