Author: admin
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Fraser Valley housing sales rise double digits as single-family home prices drop
Fraser Valley home sales rose 13% in May from April, reaching 1,183, but are down 22% from May 2024 and 36% below the 10-year average. Single-family home prices dropped over 1%. Inventory increased 6%, giving buyers more options and creating tougher competition for sellers. Homes priced appropriately are selling, while some sellers hold off or…
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Don’t Hire Blind: Ask Your Advisor These
What are your qualifications and how do you stay updated in financial planning? What is your investment approach and what services are included in your offering?
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When Realtors overstep: The dangers of giving tenancy advice
Miscommunication by Realtors about tenancy laws can cause confusion, strained relationships, and legal risks in tenanted property sales. Realtors should focus on marketing and sales, leaving tenancy matters to property managers and lawyers. Clear communication, proper referrals, and collaboration among professionals can prevent disputes and protect all parties. Training and support for Realtors on tenanted…
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Canada Saves Real Estate Bubble by Creating Rental Bubble
Canada faces weak home sales, slowing growth, and uncertainty—but rental prices are sharply rising instead. Purpose-built rentals, once cheaper, now nearly match condo rents due to aggressive institutional profit strategies.
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Early-Q2: BC Home Sales Drop Sharply Amid Correction
British Columbia home sales ↓ 14.6% yearly in April 2025 amid market cooling. Price declines in BC’s expensive markets signal a broader market correction underway
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Credit Score Impact on Mortgage – Definition, Meaning, and Examples
Sales-to-new-listings ratios (SNLR) vary across Canadian markets, with Toronto and Vancouver showing deep buyers' markets due to high supply and slow condo sales. Nationally, inventory is rising but affordability remains challenging despite slight improvements. InterRent REIT plans a $2 billion privatization deal with a go-shop period for other bids. Canopy Towers in Mississauga progresses with…
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B.C. touts speed of major housing program to mark one-year anniversary
British Columbia's government marked the first anniversary of its BC Builds housing program with the groundbreaking of a 179-unit rental building in North Vancouver, developed in just 14 months. Housing Minister Ravi Kahlon announced that 1,400 homes are currently underway, with nearly 2,500 more in early development. The $950 million program aims to expedite rental…
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Fraser Valley’s Buyer’s Market: 10% Sales Ratio in Early-Q2
Fraser Valley now has over 10,000 active listings—its highest home inventory in more than a decade. April home sales rose just 1% month-over-month and dropped 29% year-over-year to 1,043 transactions.
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Will Canada’s Home Prices Crash Harder Than Expected?
Home prices in Canada are projected to fall by 3.2% in 2025 due to economic uncertainty. TD Economics downgraded forecasts after weaker-than-expected sales and price declines in Q1 of 2025.