10 Steps to Home Sweet Home

General Raymond Walia 3 Jun

Congratulations! There is nothing more exciting than moving into a new home. Whether a new building or re-sale property, there are a few things you can do as soon as you take possession in order to make it your own. Invest a weekend or two into warming up a featureless space or refreshing someone else’s […]

Read More

Residential Market Commentary – Hot market to persist

Economic Insights Raymond Walia 12 May

Canada Mortgage and Housing Corporation does not expect the country’s housing market to come off the boil until sometime in 2023. In its Spring Housing Market Outlook CMHC projects the national average price of a home could climb as much as 14% this year, putting the high end of the agency’s estimates at nearly $650,000. […]

Read More

10 First-Time Homebuyer Mistakes

First-Time Home Buyer Raymond Walia 22 Apr

As a first-time buyer, there are some homebuyer mistakes you should avoid to ensure a smooth and successful experience: THINKING YOU DON’T NEED A REAL ESTATE AGENT You might be able to find a house on your own, but there are still many aspects of buying real estate that can confuse a first-time buyer. Rely […]

Read More

Residential Mortgage Quarterly Review – Q1 2021

Economic Insights Raymond Walia 12 Apr

As we head into the 2nd quarter Canada’s Realtors are forecasting another year of records, while the country’s housing agency continues to call for caution. Market risk remains moderate In its latest Housing Market Assessment, Canada Mortgage and Housing Corporation is maintaining its overall vulnerability assessment at moderate. High demand, low supply The key concern is […]

Read More

Relocate or Renovate?

General Raymond Walia 8 Apr

Like Lighting in a Bottle. That’s how Todd Talbot describes the chemistry between him and Jillian Harris, his co-host of the reality TV series Love It or List It Vancouver. There’s an undeniable electricity that flows between the pair who have battled against each other through 104 hour-long episodes of the home-design series. Sparks fly, […]

Read More

Bond Yields Surge, Mortgage Rates Rising in Response

Economic Insights Raymond Walia 30 Mar

Canadian bond yields hit their highest level since April in recent days, and a number of lenders have responded by starting to raise some of their mortgage rates. CMLS, MCAP and First National were among the non-bank lenders to increase at least some of their rates, with their broker rates rising 10-30 bps. The 5-year […]

Read More