Greater Vancouver Employment Statistics - April 2023
Posted on May 05, 2023 in Community
Canadian Employment (April 2023)
Canadian employment rose slightly to 20.13 million in April, up by 41,400 (0.2 percent). The Canadian unemployment rate held steady at 5 percent, unchanged since December. Employment gains were concentrated in wholesale and retail trade (+24,000); transportation and warehousing (+17,000); and information, culture, a...
Canada’s Job Surge May Keep Interest Rates Higher for Longer
Posted on May 05, 2023 in Community
High-Interest Rates Have Not Slowed the Labour Market Sufficiently
The Canadian labour market has done it again, blowing past expectations for the fifth straight month. In April, a whopping 41,400 new jobs were added, more than double what economists predicted. Since February, monthly employment growth has averaged 33,000, following cumulative incre...
Quick way to Pay off your Mortgage
Posted on May 03, 2023 in Mortgage News
How to Pay Off Your Mortgage Faster
When it comes to homeownership, many of us dream of the day we will be mortgage-free.
While most mortgages operate on a 25-year amortization schedule, there are some ways you can pay off your mortgage quicker!
1. Review Your Payment Schedule: Taking a look at your payment schedule can be an easy way to start paying...
While most mortgages operate on a 25-year amortization schedule, there are some ways you can pay off your mortgage quicker!
1. Review Your Payment Schedule: Taking a look at your payment schedule can be an easy way to start paying...
Greater Vancouver Real Estate Market Update - April 2023
Posted on May 02, 2023 in Market Update
Prices continue rising across Metro Vancouver as home buyer confidence returns
With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback, rising near levels seen last spring, before eight consecutive interest rate hikes eroded borrowing power and brought home sales activity down along wi...
BCREA 2023 Second Quarter Housing Forecast
Posted on May 02, 2023 in Economics
BC Housing Market Expected to Strengthen
The British Columbia Real Estate Association (BCREA) released its 2023 Second Quarter Housing Forecast today.
Multiple Listing Service®(MLS®) residential sales in BC are forecast to decline 6.6 per cent to 75,530 units this year. In 2024, MLS® residential sales are forecast to post a strong rebound, rising 19...
Multiple Listing Service®(MLS®) residential sales in BC are forecast to decline 6.6 per cent to 75,530 units this year. In 2024, MLS® residential sales are forecast to post a strong rebound, rising 19...
