May 2020

Elon Musk Now Has a Total of Seven Homes on the Market

Posted on May 30, 2020




Above is a photo of the Nasa and SpaceX rocket launch this morning, this photo is from 
This comes after the Tesla founder tweeted “I am selling almost all physical possessions. Will own no house” on May 1.

If...

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Here's What A $22,800,000 vs A $9,900 Home Looks Like In Canada

Posted on May 30, 2020



Matt Gul's listing 5340 Seaside Place was featured in this article by Narcity.

This solid concrete waterfront home offers much privacy. Designed by renowned architect *RUSSEL HOLLINGSWORTH, this masterpiece was particularly built on a 6,412 SqFt waterfront estate with a 12,626 SqFt property with 89’ of shoreline. Built upon a system of ponds, founta...

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‘Hong Kong’s future is unavoidably linked to Canada,’ says MP as China encroaches

Posted on May 27, 2020



If you have been keeping up with the news in China lately, you should be well aware of the Hong Kong protests.
These protests are linked to the CCP being unfair with what is called the 50-year One Country Two Systems agreement. This was made in 1997 after Hong Kong’s lease to Britain ended, and Britain gave the land back to China. 
The CCP has failed...

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'Remarkable' home prices haven't taken a hit yet, economist says, as big declines projected

Posted on May 24, 2020



Home prices are expected to drop around Metro Vancouver, but questions remain about just how bad the decline will be, and when we’ll see it happen.

UBC housing economist Tom Davidoff has a few predictions, and we can even see price declines such as an estimated 18 per cent in all of Canada, over the next year, in the assessments of the Canada Mortga...

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2-5-10 Year Home Warranty

Posted on May 23, 2020



Here are the requirements for a home warranty for new homes.

On July 1st, 1999 the Homeowner Protection Act regulations for residential builder licensing and mandatory, third-party home warranty insurance were implemented. The reason behind this was to increase consumer protection for new home buyers. Due to this, any homes that are built with a bui...

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Pandemic won’t cause new home supply shortage: BMO

Posted on May 19, 2020


The team at BMO Economics is confident that home construction across Canada won’t see a major disruption due to the COVID-19 pandemic.

Canada Mortgage and Housing Corporation (CMHC) published a report late last week that saw housing stats in April rise 11 percent over the same period last year despite the significant economic turbulence caused by th...

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