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Material inflation

Price Inflation Boom

Prices inflation isn’t typically new. However, with a higher demand for the world’s resources, we are starting to see a spike. With the rise of residential real estate, it can’t be a shock to see prices increase. However, when are they going to stop? Let’s

Increased home prices

No Stops Yet

The current housing market story isn’t going anywhere. With a huge increase of 340% year-over-year can we expect any less? The housing market is still on the rise with April homes hitting a median house increase of 15% to $920,000. There is no stopping as

Canadian Homes

Time to Tax Vacant Homes?

As the budget day progresses, is it time we see a change to the vacant real estate market in Vancouver? With the city being filled with vacant homeowners that non-resident and non-Canadians own. However, the Canadian housing market stays on the rise as they see

Home Buyers

Rent, Buy Or Work From Home?

With the rollout of vaccines, we are now identifying how the market will alter. Are we looking at the housing market demand to reduce as local residents look to begin working back in their office this upcoming fall? Can we expect a change in the

Vancouver Real Estate Market

Who Could Have Known The Side Effects?

Housing prices are seeing a quick acceleration, even growing at its fastest pace since 1989. Although housing prices are seeing growth quickly, we are seeing the slowest annual population growth since 1916. We examine the housing marketing at a Canadian level with this weeks blog.

Trickle down economics

Do We Need Housing Price Mandates?

The money continues to print, with concerns of it becoming cheap. But what effects does it have on the housing market? We have already seen a $1 trillion increase in net worth for Canadian homeowners in 2020 due to the housing boom. Without a housing

Canadian Apartments

Are We Still Shocked By The Demand?

Canadian real estate is slowly becoming a Canadian pass time for bored at-home shoppers. With single-family homes increasing as well as selling above the asking price, it isn’t a shock anymore. Condos are also taking flight with the highest reading since 2018. Home averages are

Home Prices

Is It The Market Or Is It Inflation?

Throughout various markets, price points have been increasing. Whether it’s homes or lumbar, the pricing of everything has been increasing. Is it the market or is it inflation? Steve dives in to see previous trends and compares them to other markets. Real Estate Market by

Economy boom

Who Is Responsible For The Credit Boom?

With the pandemic still present, it will continue having impacts on our economy and real estate market. With the surge in home prices, it is no surprise that a credit boom followed. Were the policymakers strategic with their decisions, or dooming the economy?  Real Estate

Vancouver housing prices

How Distant Cities are Soaring in Housing Prices

Canadians see a possible increase in housing prices again with recent economic changes. The banks are sending loans out to eager homebuyers throughout this pandemic, which is causing home inflation. Even for homes outside of large cities, housing prices are just increasing by 10-20% over