Mortgage rates will remain at historic lows until 2022: BMO
Posted on May 15, 2020 in Real Estate
With anxiety mounting throughout March as the economic impacts of the COVID-19 pandemic intensified, Canada’s central bank took swift action to slash interest rates at several points during the month.
The Bank of Canada announced a cut, the cut would focus on the overnight rate, the overnight rate is what influences mortgage rates, and it has reache...
Understanding the Contract of Purchase and Sale
Posted on May 14, 2020
When buying and selling real estate, the buyer and seller will enter into a contract to set out the terms and conditions on which the purchase and sale will take place.
- The purchase price
- The specifics of the property being transferred
- Conditions that must be satisfied or waived
- The dates when the purchase and sale will complete
- All terms rele...
Canada increases immigration; Australia’s visa intake declines
Posted on May 09, 2020
Above is a picture of Matt Gul, and Richard Kurland located at Matt Gul's private real estate office, during a Kurland's seminar.
Many people who are in the business of immigration are well aware that imm...
COVID-19 slowed down Vancouver real estate sales, but not its prices
Posted on May 05, 2020
Vancouver real estate had its quietest April in nearly four decades as coronavirus put the typically busy spring market into slow motion. But that doesn’t mean opportunist buyers got discounts in Canada’s highest-priced city.
The Real Estate Board of Greater Vancouver (REBGV) says that a total of 1,109 properties were sold in April 2020, this is a 3...