Category: Uncategorized
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Here’s how much costs to live in Vancouver and how it compares to other Canadian cities
Vancouver is the most expensive city in Canada, with a cost of living averaging $3,793.63 per month. The average price for a one-bedroom apartment is $2,675, and homes average $1,197,700. Despite its high costs, Vancouver boasts a diverse and rapidly growing economy, supported by sectors like technology and film. Toronto follows with a monthly cost…
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83 New Units in Downtown Vancouver
83 new affordable homes for diverse residents were completed in Downtown Vancouver, supporting various community needs.These homes, secured through inclusionary zoning, are part of a mixed-use building.
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Building Permits Surge Amid Vancouver Buyers’ Market
B.C. building permits more than doubled, reaching $2.4 billion. Multi-family permits saw a 152% increase, while non-residential permits rose by 99%, especially in industrial and institutional sectors.
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آیا کاهش نرخ بهره بانک کانادا بازار املاک بریتیش کلمبیا را تحریک خواهد کرد؟
انتظار می‌رود بانک کانادا نرخ بهره اصلی خود را کاهش دهد و احتمالاً آن را از 4.25% به 3.75% برساند. با وجود ارقام ثابت در سپتامبر، اکتبر افزایش قابل توجهی در فروش خانه‌ها در Lower Mainland نشان داده و به سطح عادی بازگشته است. کارشناسان معتقدند که کاهش نرخ ممکن است برخی خریداران را تشویق…
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Five effective money management tips to improve your finances
To effectively manage finances, start by setting clear financial goals, such as saving for emergencies and retirement. Track your spending to establish an accurate budget, ensuring you stay mindful of unnecessary expenses. Create a budget by calculating monthly income and expenses, and review it regularly. Set up appropriate bank accounts for spending and savings, and…
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Home Inspection Checklist Every Buyer Needs!
Roof Inspection – Look for signs of damage or aging – Conduct up-close assessments, not just visual checks – Ensure no unforeseen expenses post-purchase – Verify roof and structural warranties Foundation and Structure – Look for cracks, settling, or moisture infiltration – Assess structural integrity – Identify deferred maintenance issues early
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New home prices in Vancouver down 0.2% in September
New home prices in the Vancouver region fell by 0.2% in September compared to August but remained unchanged year-over-year, according to Statistics Canada. In the Victoria area, prices were stable, while Kelowna saw a 0.6% increase. Overall, British Columbia's monthly index decreased by 0.2% and 0.1% year-over-year. Nationally, the index was flat for the second…
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Where to Rent in Metro Vancouver?
Metro Vancouver rent remains Canada's highest but has declined slightly yearly, with price variation across neighbourhoods.West Vancouver and West Point Grey remain the region's priciest, with rents over $2,900 for one-bedrooms.
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Vancouver condo market shaped by investors who prefer smaller units
Investors are increasingly favoring smaller condo units in Vancouver and Toronto due to higher rent per square foot, as confirmed by a recent StatCan report. This trend has contributed to the shrinking size of condos over the years, with a significant portion of new units being less than 600 square feet. The study highlights that…
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Federal Land in Metro Vancouver to Become Housing
Federal sites in Vancouver and Port Moody are identified for redevelopment into affordable housing. Both properties are near major transit lines, enhancing accessibility.