July 2021

More Canadians Are Buying Second Homes and They are Younger Than You Think

Posted on Jul 28, 2021

You may be surprised to know that more than one in ten homeowners in Canada’s three largest urban centres – the greater regions of Toronto, Montreal and Vancouver – currently owns multiple properties. A recent Royal LePage survey, conducted by Leger, found that 14% of homeowners in Greater Vancouver own more than property. Similarly, 13% of homeown...

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Sunshine Coast Market Report - July

Posted on Jul 19, 2021

The June market showed some signs of slowing down after 18 months of record breaking sales and prices with the HPI (Housing Price Index) showing a very slight drop to $801,100 from $804,100. As forecasted in our May market report, homes priced from the 800,000's to $1,500,000's took a bit longer to sell last month, except for rare acreages or water...

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Buying Real Estate with Partners - Making Co-Ownership Work for You

Posted on Jul 02, 2021

Dreaming of that fabulous waterfront estate but haven't won the lottery yet?  Are you able to afford the mortgage but don't enough for the downpayment?  Or have the new mortgage financing rules pushed homeownership just out of reach?    

Partnering with friends or family in a co-ownership agreement could help your home ownership dreams come true. The adde...

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