For those of you who hasn’t been following the news in mortgage regulations in Canada, there has been some major change in the past month.  Effective November 30, 2016, all insured mortgages will be subject to a mortgage stress test whether you are putting more or less than 20% down payment.  The purpose of the test is to measure if a borrower could still afford to pay back a loan if the rat ...

Yaletown Market Update (November 17 - 23, 2016)There were 10 new listings in Yaletown in the past week.  Ranging from $539,000 to $3,998,000.  The average price is $1,140,780 and median price is $828,500.  Square footage ranges from 538 sq ft to 1,860 sq ft. 2703 950 CAMBIE STREET 1806 388 DRAKE STREET 508 1133 HOMER STREET 2808 1323 HOMER STREET ...