Canadians are combining their buying power and co-owning homes with family and friends to combat unaffordability

September 1, 2023

  High property prices, elevated interest rates and the rising cost of living has prompted many Canadians to rethink their lifestyle and housing needs. For some, this means pooling financial resources with other family members and friends in order to gain access to the housing market. By co-owning a property ...

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Seasonality, interest rates temper sales in the Fraser Valley

August 3, 2023

  SURREY, BC — After five months of successive increases, real estate sales in the Fraser Valley dropped in response to a combination of continued rising interest rates and the summer sales cycle. The Fraser Valley Real Estate Board processed 1,368 sales in July on its Multiple Listing Service® (MLS®), a ...

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Low supply continues to impact home pricing in the Fraser Valley: Sales increasing despite rate hikes

July 5, 2023

  SURREY, BC – The Fraser Valley real estate market saw strong sales activity in June with levels on par with the 10-year average for the month, amid on-going challenges with supply. In June, the Fraser Valley Real Estate Board (FVREB) processed 1,935 sales on its Multiple Listing Service® (MLS®), an ...

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2023 Canadian First-time Homebuyer Survey

June 23, 2023

Home Ownership Remains A Priority According to the survey, 35 per cent of first-time homebuyers nationwide say they received financial assistance in a lump sum payment from their parents or relatives toward the purchase of a home. Meanwhile, a quarter of first-time buyers … MORE ...

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