Category: News Articles (22 posts)
Strata insurance report
June 16, 2020 | Posted by: Patrick Mulhern
Amid skyrocketing costs, new report finds B.C.'s strata insurance market 'unhealthy' Strata insurance premiums have risen 50 per cent in Metro Vancouver over the last year, according to t ... [read more]
Condo buyers consider this........
February 11, 2020 | Posted by: Patrick Mulhern
Thinking of buying a condo in 2020? Don't overlook this 1 key expense Finance columnist Mark Ting on the importance of insurance for condo buyers Mark Ting · for CBC News · Pos ... [read more]
Why worries about the coronavirus are pushing mortgage rates down
January 30, 2020 | Posted by: Patrick Mulhern
Why worries about the coronavirus are pushing mortgage rates down Fear has pushed investors to buy up bonds, which is causing cheaper borrowing for home buyers Pete Evans · CB ... [read more]
Vancouver home sales increase as confidence returns to market
January 7, 2020 | Posted by: Patrick Mulhern
Vancouver home sales jump 88% in December from last year as confidence returns to market Sales of detached homes in December rose 72% from a year earlier while the benchmark price fell 4% to ... [read more]
CMHC predicts price growth in Vancouver housing market
October 28, 2019 | Posted by: Patrick Mulhern
Metro Vancouver housing market to see modest price growth in 2020 and 2021, predicts CMHC Buyers and renters can expect price increases due in part to continuing population ... [read more]
September data shows housing market is in full rebound
October 16, 2019 | Posted by: Patrick Mulhern
September Data Confirm That Housing Is in Full Rebound Statistics released today by the Canadian Real Estate Association (CREA) show that national home sales rose for the ... [read more]
Article on First Time Houmebuyers Incentive program
September 16, 2019 | Posted by: Patrick Mulhern
The Liberals' first-time homebuyers incentive is a bad deal The program asks too much in exchange for savings of a couple of hundred dollars a month Soheil Karkhanechi · for CBC News ... [read more]
Interesting article on recessions
August 13, 2019 | Posted by: Patrick Mulhern
Is the North American economy heading for a recession? Financial contributor Mark Ting predicts there won't be a recession until 2021 or later Mark Ting · for CBC News &middo ... [read more]
CBC - Keeping private info private
August 8, 2019 | Posted by: Patrick Mulhern
Keeping private information private: Are credit monitoring systems worth the cost? Credit monitoring allows you to minimize — not prevent — fraud, says personal finance expert Ma ... [read more]
BC government addressing money laundering in BC real estate market
September 28, 2018 | Posted by: Patrick Mulhern
BC government to end 'Wild West' real estate market by Steve Randall 28 Sep 2018 Money laundering in real estate and other sectors is the focus of a new two-pronged probe by British ... [read more]
CBC - Mortgage borrowing slides to lowest since 2014
June 15, 2018 | Posted by: Patrick Mulhern
Mortgage borrowing slides to lowest since 2014 StatsCan says household credit market debt was equal to 168% of household disposable income in 1st quarter CBC News · Posted: Jun 14, 2018 9:2 ... [read more]
Mercer Report: Vancouver top North American City
March 22, 2018 | Posted by: Patrick Mulhern
Vienna tops Mercer’s 20th Quality of Living ranking 20 March 2018 United States, New York Vienna ranks highest for quality of living for the 9th year in a row ... [read more]
What Slowdown?
August 9, 2017 | Posted by: Patrick Mulhern
What slowdown? Vancouver and Toronto real estate markets still hot and unaffordable for many Housing prices are once again climbing in Vancouver and Toronto may soon follow By Sophia Ha ... [read more]
Stigma on Reverse Mortgages
June 29, 2017 | Posted by: Patrick Mulhern
Great article from Rob Carrick on the stigma against reverse mortgages. ROB CARRICK Time to get over our squeamishness about reverse mortgages Rob Carrick Published Tuesday, Jun. 27, ... [read more]
Restricting Foreign Ownership - Not an easy consideration
May 16, 2016 | Posted by: Patrick Mulhern
A good article on cbc regarding the complexity of restricting foreign ownership. ... [read more]
Should Vancouver adopt Australia's foreign tax policy?
March 18, 2015 | Posted by: Patrick Mulhern
Vancouver’s housing affordability problem could have an Aussie solution SUNNY DHILLON VANCOUVER — The Globe and Mail Published Friday, Mar. 13 ... [read more]
Canadian home prices rise in October, propelled by Vancouver
November 14, 2014 | Posted by: Patrick Mulhern
Canadian home prices rise in October, propelled by Vancouver OTTAWA — Reuters Published Wednesday, Nov. 12 2014, 8:59 AM EST Canadian resale ... [read more]
Property Transfer Tax burden
October 31, 2014 | Posted by: Patrick Mulhern
Ancient property-transfer tax adds another burden for Vancouver buyers Brent Jang VANCOUVER — The Globe and Mail Published Tuesday, Oct. 21 2014, 5:00 AM EDT For ... [read more]
CMHC announces: Slowdown in new construction but real estate prices will increase
May 23, 2014 | Posted by: Patrick Mulhern
CMHC: Expect higher Canadian house prices and fewer starts in 2014 Andrea Hopkins, Reuters | May 22, 2014 | Last Updated: May 22 11:31 AM ETMore from Reuters Ben Nelms/Bloombe ... [read more]
Canada's Housing Market fears overblown
March 26, 2014 | Posted by: Patrick Mulhern
Canada’s housing market fears overblown:Brenda Bouw | Balance Sheet Mar 24 2014 Yet another economist is stepping up to defend the health of Canada’s housing market ahead ofthe ... [read more]
More to mortgages than just rates.............
March 12, 2014 | Posted by: Patrick Mulhern
The hidden trap of mortgage penalties at the big banks ROB CARRICK The Globe and Mail Published Wednesday, Dec. 04 2013, 7:52 PM EST It’s easy to get ... [read more]
Top 6 real estate scams & how to avoid them
February 11, 2014 | Posted by: Patrick Mulhern
Top 6 real estate scams – and how to avoid themChristopher Myrick Special to The Globe and Mail Aug. 08 2013 Fraud and investment scams abound at all levels of the real estate market – ... [read more]
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