Attached sales continue to drive Fraser Valley market in November

Posted on Dec 04, 2017

SURREY, BC – Demand for Fraser Valley properties persisted through November, once again bolstered by strong attached sales across the region.

The Fraser Valley Real Estate Board processed 1,743 sales of all property types on its Multiple Listing Service® (MLS®) in November, an increase of 39.8 per cent compared to the 1,247 sales in November of last...

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Toronto, Vancouver home sales above average in October: real estate boards

Posted on Nov 19, 2017

VANCOUVER -- Canada's two hottest housing markets experienced above-average home sales last month, according to local real estate board figures, as buyers appear to be snapping up properties ahead of new mortgage requirements in January.

Vancouver area home sales jumped 7.1 per cent from September to October with 3,022 properties sold, and 35.2 per...

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King George Hub at the Stations – Availability, Plans, Prices

Posted on Oct 20, 2017

At a Glance
  • located next to King George Skytrain station
  • 39-storey mixed-use building
  • 434 x 1- & 2-bedroom condominiums
  • more than 25,000 sq ft of amenity space
  • part of master planned community
  • local shopping, service, dining
  • large public plaza
  • Holland Park across the street

A Hub of Activity
King George Hub is a landmark, mixed-use development that will furt...

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OSFI sets new mortgage rules, including stress test for uninsured borrowers

Previously only those with less than 20% down were tested, but now all borrowers will be

Posted on Oct 18, 2017

Canada's top banking regulator has published the final version of its new mortgage rules, which include a requirement to "stress test" borrowers with uninsured loans to ensure they could withstand higher interest rates.
The Office of the Superintendent of Financial Institutions (OSFI) released new guidelines for the mortgage industry on Tuesday. The...

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This is how the Bank of Canada’s interest rate hike could impact Vancouver real estate

Posted on Sep 23, 2017

Already coping with limited housing supply and poor affordability, Vancouver may also be one of Canada’s most sensitive markets to higher interest rates.

On Wednesday, the Bank of Canada increased the target for its overnight rate by 25 basis points to one per cent.The overnight rate influences the mortgage market, but the impact is expected to be m...

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Amazing Investment Opportunity - 10953 132 St. Surrey BC

Posted on Jul 12, 2017

Attention Investors, Builders and First time home buyers!!! Rent, Live or Build your Dream Home. This is Prime Location in Surrey Central City, Close to Sky train, Both Levels of Schools, Simon Fraser University, Recreation center, City Hall, Library and Holland Park. Pattullo bridge makes easy access to New Westminster, Burnaby, Coquitlam and Vanc...

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