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Home Sales in Vancouver Plummet by Nearly 40%

Posted November 9th, 2016 at 12:46 am by Aaron Nicklen |   0 Comments

Home Sales in Vancouver Plummet by Nearly 40%

The number of home sales in the month of October dropped by 38.8 per cent when compared to the same month in 2015, as revealed by new statistics provided by the Real Estate Board of Greater Vancouver. In the past month, only 2,233 properties were sold, compared to 3,646 home sales in October 2015. This […]

TD Bank Raises Prime Rate

Posted November 9th, 2016 at 12:42 am by Aaron Nicklen |   0 Comments

TD Bank Raises Prime Rate

Toronto Dominion Bank, one of the nation’s big banks, announced that it is changing its mortgage rates, including increasing their prime rate from 2.7 per cent to 2.85 per cent. The move is in anticipation of higher lending costs sparked by the recent changes in mortgage rules. The increase applies only to the TD Mortgage […]

September Home Sales in Vancouver Drop By 33%

Posted October 8th, 2016 at 6:59 am by Aaron Nicklen |   0 Comments

September Home Sales in Vancouver Drop By 33%

Just two months after the BC Government applied a 15 per cent tax to foreign buyers of property in the city, home sales in Metro Vancouver have dropped by one-third. The Real Estate Board of Metro Vancouver released their September statistics, showing plunging sales by 32.6 per cent compared to this time last year. The […]