Over 45,000 homes short and counting! Metro Vancouver faces a severe housing shortfall, expected to reach nearly 49,000 by 2031. With skyrocketing population growth, Surrey will become the largest city in BC, pushing past Vancouver! Full article...
October 2024
Starting November 21st, uninsured mortgage holders in Canada can switch lenders at renewal without the stress test if their loan amount and term stay the same. How will this impact lender competition? #MortgageNews #CanadianRealEstate #OSFIUpdate Click here for more...
Could more luxury developments help make housing in Vancouver more affordable? Economist Michael Wiebe believes so, citing "vacancy chains." Others disagree. What do you think? Full article...