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May 4, 2021 | The Housing Story Is Far From Over

The Real Estate Board of Greater Vancouver is expected to release April’s housing data today. Brace yourself for some eye-popping media headlines. Home sales across Greater Vancouver surged 340% year-over-year. Yes you read that correctly. The move is almost entirely due to weak base-effects from last year, when housing activity collapsed at the onset of […]

April 27, 2021 | Don’t Touch The Golden Goose

Leading up to the Federal budget announcement, the rumour mill was churning, with mainstream media outlets salivating over a possible tax on primary residences, including speculation taxes or even increased taxes on capital gains when selling investment properties. Instead, the federal government delivered none of that, ultimately opting not to tinker with the golden goose. […]

April 19, 2021 | Budget Day

It’s budget day. The much anticipated Federal budget is front and centre, with many citizens eagerly watching with bated breath, what, if anything, the Government will do to address the housing crisis. There are rumours suggesting there are plans to tax vacant residential property owned by non-resident, non-Canadian owners. We shall see. However, it’s unlikely […]

April 13, 2021 | It’s Probably a Duck

At the onset of the pandemic, Bank of Canada Governor Tiff Macklem pounded the table, urging Canadians to borrow money to prevent us from sliding into an economic depression. “Our message to Canadians is that interest rates are very low and they’re going to be there for a long time. If you’ve got a mortgage or […]

April 6, 2021 | The Great Reshuffling

What to do with the hot housing market? There’s probably not a whole lot that you can do right now. While we can attempt to reign in the abundance of liquidity sloshing around financial markets, that also risks derailing the economic recovery. The reality is a global pandemic has completely altered our daily lives, upending […]