Blog by Majeed Rajabi
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.
Your Trusted, Local Real Estate Expert
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 ...
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 ...
I just sold this Condo, 1402 1255 SEYMOUR Street, Vancouver West, British Columbia
Ultra Modern luxury living just a minute to parks, beaches, seawall, retail, transit, restaurants & more! Spacious SE corner with views to False Creek & an open pocket for great privacy featuring engineered hardwood floors, stone counters, S/S appliances w/ gas stove, gourmet kitchen island w/ breakfast bar, s ...
Home sale and listing activity continue to chart a steady path for the region’s housing market
March home sales in Greater Vancouver outpaced last year’s total yet lagged the region’s historical average for the month.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,641 on the Multiple Listing Service® (MLS®) i ...
It’s time to get Approved
Mortgage Insurance Premiums Increasing May 1st!
CMHC is increasing the insurance rates for mortgage loans by 15 per cent on average.
The new premiums will go into effect May 1 and apply to all new mortgages, existing mortgages are not affected.
Buyers with less than 20% down payment will be paying more in insurance premiums. Self-Employed clients with no ...