Canada’s housing market likely to remain subdued this year but should see an uptick in 2020 as the impact of policy changes begin to ease. Sales are expected to remain weak amid lower access to mortgages caused by rising interest rates and stress tests. However, prices will rise in 2019 following a stabilization in 2018. […]

As the spring buying season approaches, Metro Vancouver’s housing market continues to exhibit weakness with buyers firmly in control. February’s data from the Real Estate Board of Greater Vancouver shows a 32.8% drop in sales year-over-year to 1,484, more than 42% below the 10-year average for the month. Sales were up 34.5% compared to January. […]

The identity and citizenship of all parties in a condo or strata transaction in British Columbia will be listed in a new register. The BC finance minister confirmed Monday that the provincial government has launched the Condo and Strata Assignment Integrity Register (CSAIR) with the aim of fighting tax evasion and adding more transparency to […]

In total the event brought in $105,400 to assist families in need, pay their rent/electric through the Sources Rent Bank Program, with 70% of families re-paying the borrowed funds…After party was fun too! Thanks again! The Walkers

After reporting a record number of B.C. real estate audit assessments in 2018 – amounting to about $170 million – the Canada Revenue Agency is expected to receive a treasure trove of data from the B.C. government tying home ownership to income declarations. The province is estimating it will collect $642 million over the next […]

Brought to You By Dominion Lending Centers, Subject to Change Without Notice, Qualifications Apply. 5 yr Fixed Insured Special 3.59% Variable Rate Mortgage Decreased: 3.35% 5 year VRM Insured P-0.60% 5 yr Fixed Insured Special 3.59% Purchase ( Conventional)     Refinance Rates             Rental 4 yr 3.79%                                            3.84%                    3.94% 5 yr 3.69%                                            3.74%                    3.84% 7 yr […]

The federal government appears to be considering a budget announcement that would allow first-time homebuyers to obtain 30-year insured mortgages, up from the 25-year limit now, according to the Canadian Homebuilders’ Association. Such a move would represent a change in direction after more than a decade of measures by federal Conservative and Liberal governments since […]

5-year fixed Uninsurable (conventional – refis/purchases) – 3.69% 5-year fixed Insured (client-paid premium) – 3.59%   Subject to qualification and rates may change

New Rates Coming Down the Pipeline Brought to you by: Kimberly Walker Dominion Lending Centers, Valley Financial         Term   Posted Rate   1 YEAR 4.69% 2 YEAR 3.94% 3 YEAR 3.79% 4 YEAR  3.64% 5 YEAR FIXED 3.54% (>80.01% LTV) 3.89% (75.01-80% LTV)   3.79% (70.01-75% LTV  3.74% (65.01-70% LTV) 3.69% (Under 65% LTV) 5 […]

SURREY, BC – Overall inventory levels continued to recover as market activity remained moderate through January. The Fraser Valley Real Estate Board processed 784 sales of all property types on its Multiple Listing Service® (MLS®) in January, a 2 per cent decrease compared to sales in December 2018, and a 35.2 per cent decrease compared […]