Naru Menon’s Blog
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BC Rent Increase Capped at Just 2.3% by 2026
Slide 1: Renters, here’s some relief — B.C. just announced a 2026 rent cap of only 2.3%! Slide 2: That’s the second straight year rent hikes are tied directly to inflation, keeping increases fair and predictable. Slide 3: This year’s cap was 3%, so renters are catching a slight break amid rising living costs. Slide…
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BC सरकार ने किराए में राहत दिलाने में निभाई अहम भूमिका
BC में किराए की मांग कीमतों में दो वर्षों में 8.5% की गिरावट आई है, जिसमें Vancouver में कनाडा में सबसे अधिक 16.9% की कमी दर्ज की गई। Victoria अब कनाडा के सबसे महंगे किराए वाले शहरों में 19वें स्थान पर है, जहां पिछले वर्ष की तुलना में किराए में लगभग 7.5% की गिरावट आई…
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How Will Aging Canadians Shape Mortgage and Housing?
Slide 1: Canada’s aging population will rise to 21–23% by 2030, reshaping mortgage demands. Slide 2: Older Canadians face financial strain, while younger generations may support multigenerational households. Slide 3: Lenders must adjust policies, considering diverse income streams and multigenerational home needs. Slide 4: Reverse mortgages are likely to increase as retirees tap into home…
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Canadian Housing Resilient: Second Half 2025
Most Canadians (79%) report US tariffs aren’t influencing their homebuying plans for the remainder of 2025. Nearly half of Canadians surveyed have no plans to buy, keeping overall market sentiment steady but cautious. Some areas linked to export-dependent industries may face mild price pressure due to trade-related economic impacts. Overall housing demand is resilient, with…
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Expert Tips for Selling Your Home This Fall and Winter
Prep Early: Complete exterior maintenance—fix gutters, repaint, rake leaves, and brighten windows before cold weather limits improvements. Warm and Welcoming: Keep interiors cozy and decorated; personal touches help buyers imagine themselves living there. Avoid Neglect: Maintain curb appeal, keep utilities on in vacant homes, and price realistically to attract serious buyers. Smart Offer Choices: Don’t…
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बी.सी. और अल्बर्टा में किराए में राहत की बढ़त
ब्रिटिश कोलंबिया और अल्बर्टा में अपार्टमेंट किराए में साल-दर-साल सबसे बड़ी 5.5% की गिरावट दर्ज की गई। बी.सी. अब भी सबसे महंगा प्रांत है, जहां औसत किराया $2,473 है। बी.सी. में एक बेडरूम वाले अपार्टमेंट के किराए में 5.3% की गिरावट आई, जिससे दो वर्षों में कुल 8.5% की कमी हुई है। नॉर्थ वैंकूवर और…
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Bubble May Resume If BoC Cuts Too Fast
BMO warns rapid BoC rate cuts could reverse recent housing stabilization, reigniting market exuberance. Real interest rates are already near zero; negative rates make borrowing effectively cheaper, fueling speculation. Canada’s housing market is highly sensitive to rate changes, with cheap credit driving decades of price growth. Policymakers should balance easing with housing stability, avoiding rate…
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Federal government invests in new rental housing units in Burnaby
The federal government is investing over $763 million through the Apartment Construction Loan Program to build nearly 1,300 rental units in Burnaby's Brentwood Block, a 7.9-acre master-planned community. The project includes two buildings with rental homes, commercial space, a community centre, public plazas, and 451 condominiums. Additional funding comes from Grosvenor and the City of…
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How Bill 25 Is Transforming BC Housing Rules
Slide 1: Bill 25 aims to boost small-scale homes like triplexes, rowhouses, and townhomes across B.C. Slide 2: It’ll make zoning rules fairer, so more communities can build beyond single-family and duplex-only restrictions. Slide 3: The Province plans to cut red tape, fixing limits on parking, lot size, and building types blocking new homes. Slide…
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B.C. में घर खरीदारों के लिए विकल्प बढ़े
B.C. का आवासीय बाज़ार मामूली बिक्री वृद्धि के बावजूद कमजोर बना हुआ है, जहाँ बिक्री महामारी-पूर्व रुझानों से 20% कम है और आर्थिक कमजोरी, प्रवास सीमाओं व अधिक आपूर्ति के कारण कीमतों में गिरावट देखी जा रही है। औसत घर की कीमत 0.4% घटकर $955,900 रह गई है, जिसमें लोअर मेनलैंड और साउथ ओकानागन में…