Rising Rates Effect on Vancouver Real Estate March 2021
[…] it somewhere. The condo is worth about $500,000, I’m putting $120,000 down, I’m getting a five-year fixed-rate mortgage at about 1.65%. In terms of the principal, it will pay down […]
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[…] it somewhere. The condo is worth about $500,000, I’m putting $120,000 down, I’m getting a five-year fixed-rate mortgage at about 1.65%. In terms of the principal, it will pay down […]
[…] deals. If you’re wondering whether we’re headed for a crash, take a look at the five and ten-year changes—in the short term there could be some volatility, but in the […]
[…] a year. You’ve really got to be in it for a minimum of three to five years if you’re an investor over here and you’ll lose so much in so […]
[…] “For example, in January 2020, four homes over two million dollars sold. This January, twenty- five sold. We also see a continued strengthening in the condominium market across all price […]
[…] at Percy Perry Stadium. Town Centre Park is Coquitlam’s outdoor sports facility. Lafarge Lake, a five hectare man-made lake, home to the Lower Mainland’s largest free outdoor lights display. Coquitlam […]
[…] require sustained inventory growth of at least 25 per cent over each of the next five years in order to normalize inventories. Until then, we strongly advise buyers and sellers […]
[…] is still below historical levels for a spring market, it is now within our pre-pandemic fiveyear average, which is good news for buyers. The increase in inventory provides buyers with […]
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