August 2018

New CMHC measures to help self-employed Canadians buy a home

Posted on Aug 17, 2018

If you're self-employed, you're part of a growing trend. About 15 per cent of Canada’s workforce is now self-employed, a group that typically finds it more difficult to qualify for a mortgage because their income may vary or be less predictable. As of October 1, 2018, Canada Mortgage and Housing Corporation (CMHC) mortgage loan insurance will be av...

Read More

Housing supply up, demand down across Metro Vancouver

Posted on Aug 01, 2018

July’s residential housing sales in Metro Vancouver* reached their lowest levels for that month since the year 2000. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,070 in July 2018, a 30.1 per cent decrease from the 2,960 sales recorded in July 2017, and a decrease of 14.6 per cen...

Read More