buying bc

Relocating? I’ve got you!

Written by: Buffini & Co Want to Buy? A Buyer’s Agent: Only represents the buyer. Shows sellers you are serious about buying. Helps find homes to tour. Is an expert on the local area – taxes, schools, etc. Identifies problems and finds solutions. Recommends other trusted professionals.   Want to Sell? A Listing Agent: Researches […]

Great News on the Canadian Inflation Front in August

Written By: Dr. Sherry Cooper & Associates More Good News on the Canadian Inflation Front The Consumer Price Index (CPI) rose 2.0% year over year in August, the slowest pace since February 2021, and down from a 2.5% gain in July 2024. Core inflation measures averaged 2.35% y/y and excluding mortgage interest, headline inflation was a mere 1.2%–well below […]

Down Payments & Deposits…Which is Which?

Written by: Erin Best of REW When the time comes to make an offer on a property, two terms are often used interchangeably in the purchase process: deposit and down payment. While they both involve money changing hands, they serve different purposes. Understanding the differences between these terms is important. The Deposit A deposit is […]

Is Your Home the Right Fit?

Written by: Buffini & Co There comes a time for many of us to either downsize or upsize. And it’s always good to know your options. 37% of Canadians would like to downsize. 25% of Canadians would like to upsize. Home too big? Has your home and yard become a lot to maintain. Do you […]

Bank of Canada Cuts Policy Rate by 25 BPS to 4.25%

Written by: Dr. Sherry Copper Bank of Canada Cuts Rates Another Quarter Point Bank of Canada cut the overnight policy rate by another 25 basis points to 4.25%. This is the third consecutive decrease since June. The Bank’s decision reflects two main developments. First, headline and core inflation have continued to ease as expected. Second, […]

How to Qualify for a Mortgage when You’re Self-Employed or a Small Business Owner

Written by: Zak Khan of REW If you’re a freelancer, gig worker, small business owner or independent contractor looking to buy a home, you might have already realized that the process will be a little different for you compared to wage employees. But fear not, you can still secure a mortgage and land the home […]

Is It Time to Move?

Written by: Buffini & Co. Do you love your current neighbourhood but feel it’s time for a new one? Change isn’t always easy. Fear of the unknown, the cost, the effort – there’s a lot to think about. You may be worried about how your kids will adapt to a new school or feel about […]

Canadian Housing Market on Pause in July

Written by: Dr. Sherry Cooper & Associates Canadian Housing Market Paused In July Despite the continued decline in interest rates, the Canadian housing market saw summer doldrums last month. The Canadian Real Estate Association (CREA) announced today that national home sales fell 0.7% monthly while rising 4.8% from year-ago levels. A significant uptick in sales […]

BC Assessment Value vs. What Your Home is Truly Worth

Written by: Zak Khan of REW What is BC assessment? The BC assessment provides a value for the government to determine property tax in British Columbia. The assessment authority estimates it yearly starting from the previous July. This is a predictable base for taxation but does not necessarily impact the real estate market. So, the […]

The Real Estate Journey

Written By: Buffini & Co The road to homeownership may seem overwhelming but when you take it step by step, you’ll soon reach your destination – your dream home! Your First Home: Set up a designated down payment savings account. Pay down credit card and other debit. Look into first-time homebuyer programs. Need More Space: […]