Blog - Craig Doherty

Metro Vancouver Homebuyers Out In Force In March*

Posted on Apr 03, 2015

Demand continued to rise across Metro Vancouver's housing market in March.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 4,060 on the Multiple Listing Service® (MLS®) in March 2015. This represents a 53.7 per cent increase compared to the 2,641 sales recorded in March 2014, an...

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Most Canadian Would Choose A Fixed-Rate Mortgage Today

Posted on Mar 30, 2015

If they were arranging a mortgage today most Canadians would opt for a fixed-rate loan rather than risk volatility with a variable deal. That’s the finding of a survey by Nielsen for CIBC, which revealed that 57 per cent would prefer to have certainty in their repayments. A similar survey last year had 48 per cent choosing a fixed-rate while in 201...

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Two Major Banks Lower Key 5 year fixed rate

Posted on Mar 21, 2015

In what could be seen as a strategic move just on the doorstep of the busy spring market BMO and TD have reduced their key 5 year fixed rate https://www.cbc.ca/news/business/bmo-td-lower-interest-on-5-year-fixed-mortgage-to-record-low-2-79-1.2997939

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North Vancouver Real Estate Market February 2015*

Posted on Mar 16, 2015

Predictably, the Spring market has arrived in full force across Vancouver, perhaps a little earlier than usual thanks in part to the tremendously mild winter we’ve been having (cherry blossoms, anyone?). 
Here’s the rundown: 
Single Family - Detached February saw a sharp increase in both inventory and sales across the entire North Shore and Vancouver’s...

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