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Spring is here, and the Vancouver real estate market is picking up momentum! With Metro Vancouver housing inventory growth and the impact of recent interest rate cuts, buyers and sellers are adjusting to changing conditions. However, new tariffs on building materials continue to drive up construction costs, adding pressure to the Vancouver housing affordability crisis….
Home Buyers Plan (HBP) There is a Canadian government program called the Home Buyers’ Plan (HBP) that allows first-time home buyers to withdraw funds from their RRSP to purchase or build a qualifying home. Prior to April 2024, under the HBP, you could withdraw up to $35,000 tax-free from your RRSP, and if you’re purchasing with a…
As a proud Canadian company, we’re keeping a close eye on the latest Vancouver real estate market trends. With Metro Vancouver housing inventory growth, the impact of interest rate cuts, and new tariffs on building materials driving up construction costs, the Vancouver housing affordability crisis remains a major concern. What does this mean for buyers,…
The Vancouver real estate market trends are shifting as we see Metro Vancouver housing inventory growth and the impact of interest rate cuts on housing. With the Vancouver housing affordability crisis still in focus, what’s next for buyers and sellers? Get the latest Vancouver real estate market analysis, housing market predictions, and property market outlook…