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All three levels of government are enacting policies to help “cool” the housing market. What are those policies, what will the result of those policies be and how will they affect home buyers and sellers? Let’s start with the new policy changes: Federal – New mortgage “stress-test” rules mean it will be much harder for […]
Vancouver is Changing “Change is not to be feared, change is an opportunity.” There are numerous variations of that quote; but the message is clear – that whenever something is changing, a new opportunity is presenting itself. The Numbers Before we get into why we might discuss change though, let’s start with the usual stats. […]
Speculation and a Slowing Market I haven’t had a lot of conversations with clients in the last month that don’t have some time spent discussing rising interest rates and slowing markets. Certainly, it does appear that the Vancouver market is at the beginning of a significant shift in pace – but, some of that is […]