Journal Tag
5 articles tagged "affordability" from Rain City Properties.
Inventory is at multi-year highs, prices are falling, and rates have dropped 275 basis points. So where are all the buyers? A look at the psychology, economics, and math behind the paradox.
The Bank of Canada slashed rates 275 basis points, but Vancouver homes are no more affordable. Here is why lower rates alone will not fix the math, and what actually matters if you are trying to buy.
Prices are down 5% across the board, inventory is at a 12-year high, and sales have dropped to levels not seen in a generation. Vancouver is in the middle of a real price correction. Here is what the data actually says and how buyers should think about it.
Nearly one in four young Vancouver homeowners bought with their parents. Co-ownership is no longer a workaround. Here's how it works, what to watch for, and which mortgage products support it.
After the Bank of Canada's rate-cutting cycle, Vancouver's market is adjusting. Here's what current rates mean for your buying power, monthly payments, and the best strategy going forward.