The mortgage foreclosure rate in Kelowna, BC and the rest of Canada has been declining steadily for the past decade. Rising house prices have allowed people to sell their homes […]
BC plans to implement housing policies in 2024, including measures to increase housing options and address affordability.The province aims to generate 293K new homes over the next decade through policy […]
BC's 2024 homeowner grant applications are open, with a threshold of $2.15M covering 92% of homes in the province. Grant amounts remain the same, offering up to $570 relief for […]
Real estate prices in West Kootenay have fallen, potentially reducing homeowners' tax bills. The 2024 assessments show a 1% decrease in Nelson and Castlegar, but a 12% increase in Slocan. […]
Moderate Price Growth: Predicted 3.0% YoY increase in home prices to $1,281,732. Single-Family Market: Median price for detached properties expected to rise by 2.5% to $1,778,785.
High interest rates in Canada are affecting the commercial real estate market, causing challenges for investors and a rise in receiverships, especially in development land. The rates have also led […]
Surrey City Council has approved changes to speed up housing delivery by altering the role of the Advisory Design Panel (ADP). The ADP will no longer review residential buildings of […]
Mortgage rates fluctuate based on location and time, affecting property affordability and investment decisions.BC Mortgage Calculator estimates assets needed for property payment, including home price and interest rate.
Affordable Gems: British Columbia's budget-friendly places, blending nature and community. Williams Lake Charm: Live affordably in Williams Lake, where a three-bedroom costs $1,587 monthly.
TD predicts that the Bank of Canada will lower its policy interest rate to 2.25% by 2025, providing relief to borrowers with high mortgage payments. Despite some mortgage terms already […]
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