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Vancouver passes change to zoning bylaw
Canadian Real Estate Wealth · 20 Sep 2018
A news release from the mayor's office says the policy change means duplexes are now permitted on approximately 67,000 single family lots, offering an option that is more affordable than a detached home.
Toronto and Vancouver investors, take heed
Canadian Real Estate Wealth · 13 Sep 2018
When looking at comparative asset classes and at risk-adjusted rates of return, rates on Toronto real estate are running as low as 2-3%
Rentals.ca August 2018 Rent Report
other · 10 Sep 2018
Looking at housing in terms of overall rental prices rather than rent increases and decreases, it's clear that Toronto and Vancouver still have the highest rent levels. Interestingly, while Toronto leads the pack in 1 bedroom prices, Vancouver has the most exp…
Vancouver Real Estate Is Starting To Look Like A Disaster
other · 05 Sep 2018
Thanks to strength earlier this year, condo prices are still higher than a year ago, up 10.3 per cent in a year to $695,500 in August. But prices have now turned negative, and are down 1.6 per cent since May.
Vancouver home price growth not the fastest nationwide
Canadian Real Estate Wealth · 30 Aug 2018
The study – which covered year-over-year figures up to July 2018 – reported that Vancouver exhibited only the fifth fastest growth rate nationwide in terms of home prices, at 6.68%.
Canadian homes are among the world's most overvalued – analysis
REP · 22 Aug 2018
The study measured the average housing price against the median household incomes of 22 major global markets, and Vancouver was the only Canadian city to be ranked in this overvaluation leaderboard, coming just behind Hong Kong, Auckland, Paris, and Brussels.…
Vancouver mortgage defaults plunge as home prices increase
Western Investor · 08 Aug 2018
The federal government's mortgage stress test was expanded in January in a bid to protect homeowners from becoming overextended, particularly in Vancouver, which has the highest average home prices in Canada. Yet the latest data on mortgage defaults shows that…