May 2021

Insured and Uninsured Mortgage Stress Test Changes Confirmed for June 1

Posted on May 22, 2021 in Mortgage News

Mortgage Stress Test - 2021Starting June 1, both insured and uninsured mortgage borrowers will be subject to a stricter stress test when qualifying for their mortgage.

The Office of the Superintendent of Financial Institutions (OSFI) confirmed on Thursday that it will move ahead with its stress test changes first announced last month, which will apply to uninsured mortgages...

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Vancouver Real Estate Statistics - April 2021

Posted on May 04, 2021 in Market Update

Vancouver Real Estate MLS Listings - April 2021Supply response emerges in Metro Vancouver’s active housing market

Home sellers have become increasingly active in Metro Vancouver’s housing market this spring in response to heightened demand and rising home values that have materialized during the pandemic.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in th...

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