Emily Vu, Personal Real Estate Corporation

Sustainable Happiness, Sustainable Return


Canadians' love affair with variable-rate mortgages is over — now there's a new thing

The rapid increase in interest rates has dampened Canadians' enthusiasm for variable-rate mortgages.

According to data from Ratehub.ca, inquiries for five-year variable rates have significantly decreased this year, accounting for only five percent of total submissions, compared to 26 percent in 2022.

On the other hand, interest in five-year fixed mortgage rates has risen to 79 percent from 66 percent in the previous year.

During the height of the pandemic, variable-rate mortgages were popular as the...


Thị trường nhà ở Canada hiện đang quoay trở lại và tăng trưởng mạnh hơn.
Thị trường nhà ở Canada hiện đang quoay trở lại và tăng trưởng mạnh hơn. Dù cho nguồn cung thiếu hụt và bất chấp lãi suất ngân hàng vẫn cao. Thậm chí nhà ở ‘luxury house’ cũng đang thiếu hụt ở khu vực Vancouver nhưng lại tăng trưởng rất mạnh ở khu vực Calgary.
Ngày 29/4 vừa qua khu vực Brentwood Bowling Lanes land in Burnaby được bán với $94 million for the 4.2-acre, với kế hoạch xây dựng hai đến ba tòa...

Metro Vancouver Residential Land Posted Astonishing Prices in Q1

The first quarter 2023, which also included a scattering of smaller multimillion-dollar residential land assemblies, carries on the pace of 2022, when $7.3 billion in land sales was reported by the Commercial Edge of the Real Estate Board of Greater Vancouver. This figure included industrial and commercial land but was dominated by residential investments.

  • Land posted the highest sales volume of all commercial deals last year in the Lower Mainland, the real estate board reports.
  • Residential developers...
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