February 2020

Changes announced to federal mortgage stress test beginning in April

Posted on Feb 24, 2020

News from the world of finance as the government has announced that they will be changing the stress test rate for insured mortgages starting April 6.

The change will allow the rate to “be more representative of the mortgage rates offered by lenders and more responsive to market conditions.”

According to the release the new minimum qualifying rate wi...

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Yaletown & Coal Harbour neighbourhoods seeing greatest pressure on prices  

Posted on Feb 18, 2020

Condo and townhouse prices for downtown Vancouver aren't anywhere near the highs seen in 2018 but it appears a recovery may be under way in parts of the downtown market.  

The Yaletown and Coal Harbour HPI price index has shown an upwards trend over recent months and as we approach the busy spring market cycle its very likely this upwards pressure cou...

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On the lighter side ... cooking with wool!

Posted on Feb 04, 2020

This will save your grocery budget pretty significantly but has the consequences of all high fibre diets!

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Metro Vancouver sales rise as supply remains low - REBGV

Posted on Feb 04, 2020

Home sale and price activity remained steady in Metro Vancouver* to start 2020 while home listing activity declined in January.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,571 in January 2020, a 42.4 per cent increase from the 1,103 sales recorded in January 2019, and a 22.1 per cen...

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