Canadian Jobless Rate Falls as Labour Force Shrinks...November 2016 Job Report

2016-12-02 | 08:19:29

Following four consecutive months of job gains, Canadian employment increased by 11,000 (or 0.1%) in November. Economists had expected hiring to decline by 15,000 according to the Bloomberg News survey. All of the rise in employment, however, was in...

Canadian Jobs Blew Through Estimates, But Devil Is In the Details

2016-11-04 | 09:11:51

Canadian employment rose 44,000 (+0.2%) in October--much stronger than expected. But all of the gain was because of more part-time work, as full-time employment fell. The unemployment rate remained unchanged at 7.0% as more people joined the labour...

What's YOUR Number? Your Maximum Mortgage Number

2016-11-04 | 09:00:52

What is the maximum mortgage amount one now qualifies for with the rules that came into effect on October 17th? Short answer: LESS. A minimum of 20% less, in fact. Before October 17th, the lenders calculated the maximum mortgage amount based on the...

Market Averages, Government Intervention and Reality

2016-11-01 | 07:46:13

In the Vancouver market, we often hear about the benchmark price, the average price, and the median home price. Usually that of a specific neighbourhood or municipality. However, what buyers rarely hear is the average price of the bottom 80% of...

Top Five Home Renovations That Increase Property Value

2016-10-28 | 07:56:52

Looking to increase your homes property value? Here are five of the best renovations you can do to your home to increase property value. These five renovations can sometimes have a return on investment 5-6x what they cost. Click HERE To Read More

CMHC Sees Problematic Housing Conditions in Canada By: Dr. Sherry Cooper

2016-10-27 | 08:31:55

 The Canadian Mortgage and Housing Corporation (CMHC) issued its quarterly housing market assessment and outlook yesterday, suggesting that, for the first time ever, there are “problematic conditions” in housing markets at the...