Mortgage Blog

Category: Real Estate (38 posts)

Secondary Suite Incentive Program BC

May 3, 2024 | Posted by: Andrew Wade

Hello EVERYONEGreat news for May for anyone looking to put in a suite into their home.The BC Government has officially launched the Secondary Suite Incentive Program (SSIP) as of yesterday May 2nd 202 ...

September Home Sales Weaken in Canada As New Listings Surge

October 14, 2023 | Posted by: Andrew Wade

Increasing Mortgage Rates Weighed Heavily On Housing In September Mortgage rates continued to rise in September after BoC tightening and one of the largest b ...

Canadian Home Sales Dipped In August Following BoC Rate Hikes

September 15, 2023 | Posted by: Andrew Wade

Home Sales Dipped Once Again Last Month In The Wake of Two Consecutive BoC Rate Hikes Not surprisingly, buyers moved to the sidelines last month as the centr ...

Canadian Housing Activity Strengthens Sharply in April

May 16, 2023 | Posted by: Andrew Wade

Vital Spring Housing Market Bodes Well For The Economy The Canadian Real Estate Association says home sales in April surged 11.3% month-over-month. The Sprin ...

Canadian Existing Home Sales Fell by a Record 25% in 2022

January 17, 2023 | Posted by: Andrew Wade

December Housing Data Ended 2022 On A Weak Note Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up m ...

Canadian Housing Activity Slowed Again in September As Prices Continued to Fall

October 16, 2022 | Posted by: Andrew Wade

Orderly Housing Correction Continues There are many unusual aspects to the current housing correction, but fundamentally the most noteworthy is how orderly a ...

Canadian Housing Markets Tighten, Pushing Price Higher

February 15, 2022 | Posted by: Andrew Wade

Wanted: Home Sellers Housing affordability remains a huge political issue, and with the Department of Finance working on the upcoming budget, no doubt measur ...

5 Possible Rate Hikes Expected in 2022 for Canadian Mortgages

December 16, 2021 | Posted by: Andrew Wade

Housing Demand Outpaces Supply Today the Canadian Real Estate Association (CREA) released statistics showing national existing-home sales rose 0.6% ...

Slowdown in Housing Continued in June

July 15, 2021 | Posted by: Andrew Wade

The Slowdown In Canadian Housing Continued in June Today the Canadian Real Estate Association (CREA) released statistics showin ...

Existing home sales fell 12.5% month-over-month (m-o-m) in April as new listings pulled back 5.4%. Home prices continued to rise.

May 17, 2021 | Posted by: Andrew Wade

Starting to See a Slowdown in Canadian Housing The Canadian Real Estate Association (CREA) released stati ...

March Existing Home Sales in Canada Hit New Record High As NewListings Surge To Unprecedented Levels

April 21, 2021 | Posted by: Andrew Wade

What is All the Policy Hysteria About? Today the Canadian Real Estate Association (CREA) released statist ...

Home sales hit another all-time record high in February 2021.

March 16, 2021 | Posted by: Andrew Wade

Housing Continued to Surge in February Today the Canadian Real Estate Association (CREA) released statistics showing national home sales hit another ...

Booming sales continued in January, and price increases continued, especially in perimeter cities, as new listings plunged.

February 17, 2021 | Posted by: Andrew Wade

Housing Continued to Surge in January Today the Canadian Real Estate Association (CREA) relea ...

Bank of Canada sees interest rates staying put until 2023

January 20, 2021 | Posted by: Andrew Wade

Bank of Canada holds benchmark rate steady, updates economic outlook Jan 20, 2021 This morning the first announcement of 2021, came from the Bank of Canada which left its target overnight benc ...

December topped off a record year in the number of existing homes sold amid limited supply and rising prices.

January 19, 2021 | Posted by: Andrew Wade

2020 Was a Blockbuster Year for Housing Despite the fears leading into the pandemic last Spring ...

Home sales hit a new record for November amid limited supply.

December 15, 2020 | Posted by: Andrew Wade

Canadian Housing Remained Strong in November Today's release of November housing data by the Canadian Real Estate Ass ...

Major Cyber Threats for Real Estate Businesses

December 3, 2020 | Posted by: Andrew Wade

Major Cyber Threats to Real Estate Businesses. While many industries have struggled to navigate the changes brought on by the pandemic, the real estate industry has continued to thrive. Although real ...

Victoria Market Stats December 1st 2020

December 1, 2020 | Posted by: Andrew Wade

December 1, 2020 Victoria real estate market continues to experience strong demand, low supply A total of 795 properties sold in the Victoria Real Estate Board region this No ...

October 2020 Home sales report

November 16, 2020 | Posted by: Andrew Wade

Canadian October Home Sales Slipped for the First Time Since April Today's release of October housing data by the Canadia ...

Canadian Job Growth slowed in October, Covid cases going up again!

November 6, 2020 | Posted by: Andrew Wade

Canada's Jobs Recovery Slowed in October With New Pandemic Restrictions The October Labour Force Survey, released this morning by Stats Canada, showed an ...

Another Record-Setting Month For Canadian Housing

September 16, 2020 | Posted by: Andrew Wade

Canadian Housing Market Sets Record Highs in August Today's release of August housing data by the Canadian Real Estate Asso ...

Red hot housing market

September 6, 2020 | Posted by: Andrew Wade

Pandemic Triggers Red-HotSummer Housing Market We will get the full story on August housing in Canada when the Canadian Real Estate Association releases ...

Covid-19 and the Victoria Real Estate Market March 20th 2020

March 23, 2020 | Posted by: Andrew Wade

Covid-19 and the Victoria Real Estate Market March 20th 2020 So everyone in the whole world is somewhat scared and largely self isolating at their homes right now to stop the spread of the disease Co ...

5 Reasons why Realtors NEED you to have a Pre Approval

February 6, 2019 | Posted by: Andrew Wade

5 REASONS WHY REALTORS WANT YOU TO HAVE A PRE-APPROVAL You’ve decided that you want to buy a home and you call up a realtor to show you a listing and the first question they ask is “ How ...

3 steps that take you from Pre Approval to buying your new home!

September 17, 2018 | Posted by: Andrew Wade

Picture this: You’ve finally been able to put away enough for a down-payment on your dream home. It’s taken you five years of diligent saving, but you did it! You have also been diligently ...

10 Mistakes First-Time Homebuyers Make

August 23, 2017 | Posted by: Andrew Wade

Buying your first house can be an exciting and stressful time. There are so many things to consider that you can find yourself getting overwhelmed. Here are some common mistakes first-time homebuyers ...

5 Things First Time Home Buyers Should Do Before They Go Shopping

July 26, 2017 | Posted by: Andrew Wade

Shopping for your first home is exciting, and it is only natural to want to get right to it. The idea of trading in that monthly rent check for a mortgage payment that builds equity and wealth for the ...

4 Things You Need To Know When Buying A Vacation Home

June 28, 2017 | Posted by: Andrew Wade

Everyone looks forward to a vacation, and many people return to their favorite spot each year. If you really enjoy your annual destination, you might be ready to invest in a vacation home. There are m ...

3 Simple Updates to Help Sell Your Home Fast

May 24, 2017 | Posted by: Andrew Wade

If you're getting ready to sell your home, you may be wondering what you can do to help it sell quickly. How can you make your home more appealing without investing a lot of time or money? The answer ...

Home Buying 101 - Why the Relationship with Your Broker Should Be a Positive Partnership

May 10, 2017 | Posted by: Andrew Wade

Whether you are looking for your first home or moving up to the home of your dreams, having an experienced real estate broker or agent in your corner is a must. Real estate is a very specialized indus ...

Getting Your Whole Family on Board When Selling Your Home

April 26, 2017 | Posted by: Andrew Wade

If you are selling your home, this can be a challenge when you are in charge of getting your family on board as well. Selling a home with kids has its own challenges, but it isn't impossible. Here are ...

Three Ways to Get on the Property Ladder

April 4, 2017 | Posted by: Andrew Wade

Property investment is more challenging than ever due to a buoyant housing market in major cities and the rising cost of living. Many people are concerned they'll never be in a position to buy a prope ...

Price Your Home Realistically If You Want It To Sell

February 28, 2017 | Posted by: Andrew Wade

Setting a price for the home you are selling requires serious thought and research. Homebuyers have choices in today's market, and that means you should not list your home at an unreasonably high pric ...

Timing Your Home Sale

January 25, 2017 | Posted by: Andrew Wade

Timing the sale of your home is easier said than done. There are all sorts of factors to consider, from seasonal advantages to the economic climate of a particular region. And that's in addition to po ...

Should You Borrow Money to Invest in Real Estate?

December 28, 2016 | Posted by: Andrew Wade

There's no disputing that real estate investment is one of the best business models for those looking to achieve long-term financial success. The one problem most would-be investors have, however, is ...

Going Away for the Holidays? Protect Your Home against Burglars!

December 14, 2016 | Posted by: Andrew Wade

Burglars look for opportune moments to enter homes in search of valuables, and they don't take breaks for the holidays. In fact, many burglaries take place during the holidays, especially when people ...

The Benefits of Investing in Income Producing Properties

November 9, 2016 | Posted by: Andrew Wade

Making money in any real estate venture is a difficult task, and many people don't have the skills (or the stomach) for flipping houses. An alternative to this intrinsically risky activity is to purch ...

4 Hidden Problems That Could Be Hurting Your Home Sale

November 2, 2016 | Posted by: Andrew Wade

One of the biggest fears that home sellers have is that their property will end up on the real estate market for months on end. This is a nightmare for a number of reasons. First of all, having your h ...

Working For You, NOT The Banks!

Category: Real Estate (38 posts)

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