One posted on the website Apartment Therapy has gained attention online. The yearlong challenge involves putting aside $1 on Sunday, $2 on Monday, $3 on Tuesday, and so on — then starting fresh at $1 each Sunday. After 52 weeks, there will be savings of $1,456. The website notes that those taking part in the challenge can
The federal government’s mortgage stress test was expanded in January in a bid to protect homeowners from becoming overextended, particularly in Vancouver, which has the highest average home prices in Canada. Yet the latest data on mortgage defaults shows that Vancouver homeowners have the lowest delinquency rate in the country at 0.08 per cent, one
VANCOUVER – The British Columbia Real Estate Association says tighter mortgage rules and lower demand are bringing the provincial housing market into balance. The association says 7,884 units were sold within the Multiple Listing Service across the province in June, a 32.5 per cent decrease from the same month last year. The average residential price
