VANCOUVER, BC – May 2022 – Home buyer demand in Metro Vancouver* returned to more historically typical levels in April. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,232 in April 2022, a 34.1 per cent decrease from the 4,908 sales recorded in April 2021, and…
In recent months, the consensus has been that the Canadian real estate market may have reached its peak. Some markets continue to enjoy record-breaking gains. Still, the broad-based trends spotlight a crucial development: the sector may be returning to some semblance of normalcy during these uncertain times. Will this finally give young Canadians hope that they can attain the…
Canadian real estate has been a tough nut to crack for some homebuyers, and those with less than 20 per cent as a down payment now face another challenge, with Canada Mortgage and Housing Corp.’s (CMHC) tighter qualification rules for borrowers of high-ratio mortgages. This move is in response to the global pandemic that has left many…
At 103, Julia Hawkins might have fallen short of the record-setting 100-meter dash she completed two years ago, but she is still living up to her nickname the “Hurricane.” At the 2019 Senior Games in Albuquerque, New Mexico, Hawkins won gold medals in both the 50-meter dash and the 100-meter dash in the women’s 100-plus…
RE/MAX Canada releases insights in key global markets amidst the COVID-19 crisis Canadian Real Estate Market Sentiment 56 per cent of Canadians who are planning to engage in the real estate market say they expect to do so within less than a year Almost half (44 per cent) of Canadians believe that the real estate…
As Canada starts to experience a flattening of the COVID-19 curve, we’ve already seen businesses start to reopen their doors and life resume to some semblance of normalcy. Here in Ontario, retail outlets offering curb-side pick-up, hardware stores, garden centres and provincial parks are among the newest places given the green light to open alongside…
During pandemic times, as we all tighten our belts even further, it’s important to ensure your financial house is in order. That includes everything from money-saving tips — whether you’re shopping for food or fashion — to choosing the right stocks for your portfolio. Of course, when it comes to your literal house, three older…
THINGS TO DO THIS WEEKEND
With social distancing advisories and non-essential business closures in place, many people – some realtors included – are scrutinizing whether real estate is an essential service as it has been classified in many regions across Canada and the US. Those who argue against the essential classification are coming from a good place, with hopes that more-stringent lockdowns…
Since early March, the Vancouver Park Board has been working hard to respond to the threat of the COVID-19 pandemic to communities across the city. Via this message we would like to share with you a message from your Commissioners and highlights of our response across both our recreation and parks system. Our Commissioners and…
Local pride will be more important than ever in restoring liveability While Canadians from coast to coast to coast isolate themselves from the many local enjoyments they derived from their neighbourhoods prior to COVID-19, their genuine love for their local community offers many glimmers of hope in the months ahead. In its latest report, RE/MAX…