Blog by Majeed Rajabi

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Bank regulator proposes higher mortgage stress test level, making it harder to qualify for home loan

April 8th, 2021

OSFI was considering changes in early 2020 before shelving them during COVID-19

Canada's top banking regulator is raising the mortgage stress test level to 5.25 per cent or two percentage points above the market rate, whichever is higher. (Ron Antonelli/Bloomberg)

Canada's top banking regulato ...

1108 1351 CONTINENTAL STREET Vancouver West, Vancouver West, BC

October 20th, 2020

I just sold this Apartment/Condo at 1108 1351 CONTINENTAL STREET Vancouver West, Vancouver West, BC Downtown VW.

View this recently sold Apartment/Condo or see all my home sales

4580 BONITA DRIVE, North Vancouver, BC

October 20th, 2020

I just finished uploading this House/Single Family for sale, 4580 BONITA DRIVE, North Vancouver, BC

Perfectly poised on this gorgeous Canyon Heights corner view lot is 4580 Bonita Dr. Presenting exceptional curb appeal, this lovely home welcomes you into one of the most desirable neighborhoods on the North Shore. Loaded with charm, this home has undergone many updates over the years. Inside co ...

Watch REBGV's August 2020 market insights video

September 11th, 2020


1108 1351 CONTINENTAL STREET Vancouver West, Vancouver West, BC

June 23rd, 2020

I just finished finalizing documents on Sale of 1108 1351 CONTINENTAL STREET Vancouver West, Vancouver West, BC

This GORGEOUS 1 bdrm with huge walk-in closet/office and VIEWS has many upgrades and customizations has it all!! Custom designed storage, intregated builtin TV's in bdrm and livingroom, designer paint, wallpaper and lighting."MADDOX" by Cressey at the heart of Downtown Vancouver. A ...

Vancouver Lower Main Land Real Estate Stats Centre Reports - May 2020

June 5th, 2020

The latest Stats Centre Report for Metro Vancouver is now available. Click here to view it. 

 

Click here to view the latest Stats Centre Report for West Vancouver.

Please contact me at (604)988-5588, if you are interested to view other areas.





MAJEED  Rajabi
Your Trusted, Local Real Estate Expert

Royal Pacific Lions Gate Rea ...

Vancouver Lower Main Land Real Estate Stats Centre Reports - May 2020

June 5th, 2020

Metro Vancouver home prices have remained steady since provincial health officials implemented physical distancing requirements in March.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that the MLS® Home Price Index1 composite benchmark price for all residential properties in Metro Vancouver today is $1,028,400. This is virtually unchanged from April 2020, a 1.4 per cent incre ...

CMHC tightens lending standards, making homes less affordable  

June 5th, 2020
Yesterday afternoon, CMHC announced changes to its mortgage insurance underwriting and acceptance criteria.
 
Effective July 1, the following changes will apply for new applications for homeowner transactional and portfolio mortgage insurance:
  • The maximum gross debt service (GDS) ratio drops from 39 to 35
  • The maximum total debt service (TDS) ratio drops from 44 to 42
  • The minimum credit s ...

1688 WESTOVER ROAD, North Vancouver, BC

May 25th, 2020

I just sold this House at 1688 WESTOVER ROAD, North Vancouver, BC Lynn Valley.

View this recently sold House or see all my home sales

17 20087 68 AVENUE, Langley, BC

November 1st, 2019

I just sold this Townhouse at 17 20087 68 AVENUE, Langley, BC Willoughby Heights.

View this recently sold Townhouse or see all my home sales

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  • Royal Pacific Realty
  • Phone:(604) 416-8888
  • Address:1555 Marine Dr. #202
  • West Vancouver
  • V7V 1H9