High unemployment and low immigration are expected to lead to a drop in prices. This report explores how low and for how long prices may drop.
All in Vancouver
High unemployment and low immigration are expected to lead to a drop in prices. This report explores how low and for how long prices may drop.
Not sure whether to trust the Bank? What about a Mortgage Broker? We believe the benefits of using a mortgage broker are greater than going directly to a bank (or credit union).
Balanced and honest insights into how to read and interpret real estate news, so you can cut through the smoke and mirrors.
Always check to confirm your Mortgage Broker is still licenced and in good standing.
The Metro Vancouver benchmark home price has held its value, but the price of the median home purchase has dropped significantly.
Always check to confirm your Realtor is still licenced and in good standing.
Everyone now agrees home prices will fall this year, but no one is confident how much and for how long. Were Toronto, Vancouver, Victoria, and Hamilton in a price bubble? Will prices crash? Should we expect house and condo prices to fall across Canada?
Some economists say the Coronavirus Recession will rival the Great Depression. If that is true, then some Canadians should seriously consider selling their home.