Hafez Realty News

 

Awesome Central Location

Priced at $398,800

Open House:

May 24 from 4 to 6

May 27 from 3 to 5

 

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Awesome location, beautiful water views, bright & spacious; what more could you ask for! This 748sqft/1bed/1bath home is in excellent condition, shows well & offers an open layout. Features: welcoming entrance, large kitchen with plenty of cupboard/counter...

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Statistics released today by The Canadian Real Estate Association (CREA) show national home sales fell from March to April 2018.

 

Highlights:

  • National home sales fell 2.9% from March to April.
  • Actual (not seasonally adjusted) activity was down 13.9% from April 2017.
  • The number of newly listed homes declined 4.8% from March to April.
  • The MLS® Home Price Index (HPI) in April was up 1.5% yea...
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Younger homebuyers, who aim for cheaper mortgage options, will feel the impact the most


Expect a modest slowdown in housing activity and more demand for cheaper housing with the new qualifying mortgage rate, some experts say.


The Bank of Canada raised its mortgage qualifying rate to 5.34 per cent this week, meaning borrowers now face a higher bar in the federally mandated stress test. The rate was ...

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Hundreds of new condos and rental units in the works 

The pace of highrise condo construction in Coquitlam does not appear to be slowing down. 

Council approved first reading for three projects Monday night that will add a total of 650 housing units to the city’s residential stock.

 

The largest project is planned for Glen Drive and Westwood Street in the City Centre neighbourhood,...

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Hafez Panju
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