Category Archives: Real Estate

The most expensive Canadian cities

By | 09/12/2023

Renters can feel house poor too The cost of rent continues to climb in Canada. Nowhere is it more expensive than the Greater Vancouver Area. According to liv.rent the top 5 Canadian cities with the highest average rent are all here in the lower mainland. Here are the prices for a 1 bedroom unit without furniture. Below are… Read More »

Home prices are heading higher

The future of Vancouver real estate A 1 bedroom condo in downtown Vancouver recently sold for $1 million. (#404 889 Pacific St.) Someone looked at this 4th floor unit and said, “Yes, let me go ahead and pay $1,600 per sqft to buy this.”   Higher up in the same building a 3 bedroom unit sold last month… Read More »

The unintended victims of higher interest rates

Who does higher interest rates hurt the most? The obvious answer is people who have variable rate mortgages. But there’s a group of people that are even more at risk, and are hurting more from the impact of higher interest rates. They are renters. Why renters? Because as the cost to borrow becomes more expensive, would-be buyers who… Read More »

Buying Vancouver Real Estate On Minimum Wage – Video

Home buying guide for low income households Are you renting in an expensive city but want to buy your own property? If so, this new video is for you. It focuses on a hypothetical couple in Vancouver, but could be relevant to any other growing city. Anyone can afford to become a homeowner, even those making the minimum… Read More »