Craig Doherty REALTOR® I Sotheby's International Realty - Lions Bay, Howe Sound, Sea to Sky, West Vancouver, Squamish

Exiting Boomers Causing Housing Downturn? Hardly!

Posted on Dec 16, 2014

http://www.mortgagebrokernews.ca/news/baby-boomers-not-causing-a-housing-downturn-after-all-186434.aspx

Market Update

Posted on Dec 16, 2014

http://www.canadianrealestatemagazine.ca/news/daily-market-update-186418.aspx

CMHC fee increases could add hundreds of dollars to mortgage cost

Posted on Dec 15, 2014

CMHC is to triple the charges it makes to some financial institutions. The fee increases will be for guaranteeing loans in the mortgage-backed securities market, which the agency operates under the National Housing Act. Some experts are predicting that the hike in fees will filter down to homebuyers with the likelihood of a few hundred dollars bein...

Scotiabank breaks from the pack with interest rate prediction

Posted on Dec 15, 2014

Most economists forecast that the first interest rate rise will be in the second half of 2015, possibly in the fall. However Scotiabank is sticking to its prediction that rates will stay lower for at least another year, with the first increase not happening until the beginning of 2016. In fact the bank’s economist Derek Holt says there could even b...

My Thoughts On The North Shore - Supply v Demand

Posted on Dec 12, 2014

The topic of a lot of discussion is whether there will be a major correction in real estate prices. From my perspective the most pertinent factor that seems missing in the discussion (particularly for my clients and homeowners on the North Shore of Vancouver) is some recognition that no two suburban areas are necessarily like for like. Let's use We...

A Tale of Two Markets