Category: Uncategorized
-
A New Chapter in Canadian Housing
Government targets 500K new homes annually, signaling bold action to tackle housing affordability and supply challenges. Proposed incentives like tax exemptions and interest-free loans aim to empower first-time buyers across the country.
-
What Follows the Boc’s Rate Cut Pause?
BoC ends 2.25% rate-cutting cycle, citing inflation risks and global trade uncertainty. Unpredictable US tariffs raised inflation fears and made GDP projections unusually difficult.
-
Why Is BC Losing 15K Housing Starts?
B.C. experienced a sharp decline: starts fell by 15,400 units to 36,000. The drop may reflect affordability issues, rising costs, and slowing population growth.
-
Mid-Q2: Greater Vancouver Real Estate Faces Sharp Correction
Greater Vancouver’s average home price was $1,266,441 in May 2025, ↓ 5.9% yearly. Benchmark home price was $1,177,100, ↓ 2.9% yearly and ↓ 0.6% MoM.
-
Unsold condos in Metro Vancouver pile up despite Canada’s housing shortage
Over 2,000 newly built condos in Metro Vancouver remain unsold, with numbers expected to reach 3,500 by year-end due to economic uncertainty and affordability issues. High condo listings and slowed pre-sales have led some developers to pause or cancel projects. Experts cite low affordability and trade-related economic concerns. The government aims to increase housing starts…
-
Greater Vancouver Home Prices Set to Rebound by 2026
Greater Vancouver’s home sales will decline 1.6% to about 26,000 units in 2025. Average home prices in Greater Vancouver are expected to drop 2.1% in 2025.
-
BC Takes Action on Short-Term Rentals
All short-term rental hosts in B.C. were required to register their listings by May 1, 2025. Over 20K listings are registered, indicating many units have shifted to long-term rental housing.
-
BC Leads Canada With Highest Minimum Wage
BC's minimum wage ↑ 2.5% to $17.8/hour on June 1, 2025. BC currently has the highest minimum wage among Canadian provinces.
-
BC Rental Restriction Risks Local Economic Collapse
BCREA urges exemptions as strict rental rules hurt tourism, film, and healthcare across local economies. Tourism-driven towns lack hotel space, and over-reliance drives record-high nightly rates across Metro Vancouver.
-
Don’t Hire Blind: Ask Your Advisor These
What are your qualifications and how do you stay updated in financial planning? What is your investment approach and what services are included in your offering?