Full story available @ The Province – link below Despite the current turmoil in the Chinese stock market, experts are wagering that real estate in B.C. will be insulated from its effects in the short term. It’s been three weeks since China’s most prominent exchange, the Shanghai stock index, reached a 52-week high of 5,178.19,
Despite having the highest median housing prices in Canada, Vancouver first-time home buyers spend a median of $420,000, compared to $425,000 in Toronto, according to The Red Pin, a Toronto-based real estate broker and research firm. At the bequest of BIV, Red Pin recently researched a comparison of the housing markets in Vancouver, Toronto and Calgary.
Common Questions Answered by Rowan Smith: There is a lot of confusing misinformation spread by the media. With mortgage and financing rules changing constantly, it can be tough for a person to know the state of the financing market at any one point in time. It is critical that when shopping for a mortgage,
