Vancouver is a city where residents are facing sky-high real estate prices, yet it also boasts the highest percentage of households without mortgages in Canada. According to recent data from Statistics Canada, an incredible 50% of Vancouver owner households are mortgage-free.
It may come as no surprise that construction costs play a significant part in determining house prices, representing over a third of the costs that factor into a development.
Welcome to the February 2023 episode of the Presale Pulse, a real estate show brought to you by hosts Ryan Lalonde and Suzana Goncalves.
“The Lunar New Year sales sprint this year in the presale market did not disappoint – with several
The recent increase in key lending rates has sparked major concerns among Canadians, particularly those looking to buy a home.
The wild ride that was in 2022 is now in the rearview mirror. Yet, 2023 is a place of hope for many industry participants and hopeful homebuyers.
The last year was a policy shock, especially regarding interest rates and their effect on mortgage rates.
The first quarter of 2022 had a heightened level of market activity in Kelowna, driven in part by the low-interest rate.
