January 2018

Changes in Real Estate Regulations of BC

Posted on Jan 21, 2018

As you may know, the Real Estate Council of British Columbia has decided to implement some regulation changes. The decision to change the rules came from the Office of the Superintendent of Real Estate, which has oversight over the Council (for more info about the Real Estate regulatory regime, take a look at the picture below).

The most important d...

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Do you want to buy a home? Make sure to read this post first

Posted on Jan 14, 2018

As we all know, twice in 2017 and once in January 2018, interest rates have spiked up which has made it harder for borrowers to afford buying their dream home. After the latest Bank of Canada's rate hike, Carolyn Wilkins, the senior deputy Bank of Canada's governor, said they are watching a number of risk factors very closely, including NAFTA negot...

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