May’s the month to get ‘electrical’ attention
Posted on May 25, 2022
As acronyms go, NESM isn’t one that rolls easily off the tongues of home owners — or for that matter, everybody — but perhaps it should. Because National Electrical Safety Month can prevent injuries or even save lives, in addition to damage to your home.
NESM comes and goes every May. Designated by the Electrical Safety Foundation International, its...
Stress test to make news for different reason?
Posted on May 18, 2022
An early effect of interest-rate increases is expected to be the long-debated stress test, otherwise known as the “mortgage qualifying rate” and the creation of the Office of the Superintendent of Financial Institutions (OSFI).
The “stress test” was designed to cool the real estate market by requiring homebuyers to show they can manage an interest r...
Market definition updates for Vancouver, West Vancouver
Posted on May 07, 2022
Following the release of its monthly statistics last week, the Real Estate Board of Greater Vancouver provided members with a report that drilled deeper. The monthly message from REBGV was that the market conditions are returning to more “traditional” levels.
The two graphs below indicate how close the markets for Metro Vancouver and West Vancouver...