Smaller versus bigger house with a suite?
This post is 9 years old. The data and my views may have since evolved.About a week ago I was contacted by one of our blog readers, Melissa, who suggested a blog post about which...
Author: DavidL
Housing prices follow mortgage rates?
This post is 9 years old. The data and my views may have since evolved.It is commonly accepted that housing prices and interest rates are inversely proportional to each other. When interest rates rise, prices...
Variable versus Fixed
This post is 9 years old. The data and my views may have since evolved.Buyers often ponder what type of mortgage is best: variable rate or fixed rate. At first glance, a variable rate mortgage...
Mid-June Sales up, Listings down
This post is 9 years old. The data and my views may have since evolved.It seems that the Victoria real estate market definitely a sellers market this spring, with sales booming and active listings continuing...
Have we hit the bottom?
This post is 9 years old. The data and my views may have since evolved.With 5-year variable rates as low as 2.05% (prime minus 0.80%) and 5-year fixed rates at 2.50%, have we finally hit...
Visitors to the "new" HHV
This post is 9 years old. The data and my views may have since evolved.As the “new” HHV has only been active for three weeks, I thought that readers might be interested in the range...
May Sales up, Listings Down
This post is 9 years old. The data and my views may have since evolved.May 2015 saw 905 properties being sold in Greater Victoria – a 26.8% increase in sales over May 2014, and the...
CHMC insurance versus HELOC loan
This post is 9 years old. The data and my views may have since evolved.When I bought my house in 2002, I only had a minimal amount to put towards a down payment. As such,...
Renter or Owner?
This post is 9 years old. The data and my views may have since evolved.There’s much discussion about the virtues or renting versus owning. I though that it would be interesting to find out more...
What happens if the bank rate is cut again?
This post is 9 years old. The data and my views may have since evolved.According to this news article on CBC, the Bank of America in predicting that the Bank of Canada may be forced...