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As the holiday season approaches, mortgages may not be on people's minds. However, it's important to do your homework before buying a home. A young client in northern B.C. faced challenges due to a lack of credit history, despite having a significant down payment. Adding his parents to the application was a temporary solution. It's…

The credit will provide $400 to every renter whose household income is $60K or less. A new tax credit in BC benefits ~80% of renter households soon. Those who make between $60K-$80K will receive < $400.

Get the Best Current Mortgage Rate in British Columbia Continue to full article

The B.C. First-Time Home Buyers’ Program helps first-time home buyers reduce their closing costs. Specifically, the program can reduce or eliminate the land transfer tax (sometimes called a … Continue to full article

BC ranks as the most expensive province in Canada based on a recent analysis. The study considered 55 contributing factors in 7 categories, including income, property prices bills, food, transport, health, and other costs.

BC Housing Market Shows Resilience Despite Sales Decline and Rising Mortgage Rates Continue to full article

NIMBY, or "Not In My Backyard," is used for residents opposing local housing projects, expressing strong objections to new developments in their vicinity.BC's zoning changes aim to end exclusive detached home zones, permitting multiple homes and cutting public hearing delays.

Short-Term Rental Businesses Struggle as New Regulations Take Effect Continue to full article

Commercial Leading Indicator Resumes Decline in Third Quarter 2023 – British Columbia Real Estate Association Continue to full article