Prior to the 2008 Walll Street crash, BC's economy was performing very well but then Alberta's economy took off and started attracting workers from all over the country who were attracted to high paying jobs.

From 2011-2013 an average of 51,000 people left BC for other privinces, mainly Alberta, while only 47,000 relocated to BC, reduciing our population growth by 0.1%.

Population growth is, of course, a primary driver of the housing market. People go where there's jobs and people with jobs buy real estate.

However, the trend appears to be reversing, as of the first quarter of 2014 and population growth is trending higher. 

BCREA is forecasting that BC's population growth will pick up speed this year and next, resulting in our labour market competing with Alberta. An increase in population will result in stronger housing demand.

Contact Maggie if you'd like a specific stat or graph for your Vancouver neighbourhood or condo building.

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Please visit our Open House at 501 1406 HARWOOD ST in Vancouver.

Open House on Saturday, August 23, 2014 1:30 pm - 3:30 pm

Welcome home to architecturally award winning design Julia Court, a concrete lowrise with spacious open hallways. Enjoy living steps to the waterfront with a great water view, in Vancouver's historic West End, with Sunset Beach and StanleyPark, shopping and transportation at your doorstep. Walkscore 89. First time on the market, this amazing n.e. corner two bedroom and large solarium boasts 3 large outdoor sundecks totalling 455 sf. Bring your decorating ideas and make this amazing condo your own! Windows on 3 sides. First Showing at Open House: Sat, Aug 23rd, 1:30-3:30 PM.

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Please visit our Open House at 802 717 JERVIS ST in Vancouver.

Open House on Saturday, August 16, 2014 1:30 pm - 3:30 pm

Welcome home to Emerald West, the West End meets Coal Harbour. This very spacious and well laid out Northeast corner has a small waterview and a lovely treed outlook. This 2 bedroom boasts floor to ceiling windows and lots of naturallight. Separate bdrm offer privacy. Large living, dining and kitchen for entert, lots of storage and enclosed balcony. Enjoy indoor pool, gym, whirlpool and steam. Parking and locker included. Walk to the business district and enjoy the seawall, luxury shopping, restaurants, grocery stores and public transp at your doorstep. No pets, long term rentals only. Building has been replumbed, updated lobby & hallways. Live in as is or bring your decorating ideas! Easy to show! Open Sat Aug 16 1:30-3:30

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This edition of the Weekly Rate Minder has the latest, best rates for Canadian mortgages. At Dominion Lending Centres, we work on your behalf to find the mortgage that suits your needs. Best of all — our service is free.* It's the selected lender that pays us and YOU get the best rate. *(O.A.C., E.&O.E.)

• Our Best National Rates
• Explore Mortgage Scenarios with Helpful Calculators on http://www.jefffraser.ca

Terms

Bank Rates

Our Rates

6 Month

4.00%

3.95%

1 YEAR

3.09%

2.89%

2 YEARS

3.04%

2.59%

3 YEARS

3.44%

2.79%

4 YEARS

3.94%

2.77%

5 YEARS

4.79%

2.94%

7 YEARS

6.04%

3.79%

10 YEARS

6.50%

4.39%

Rates are subject to change without notice. *OAC E&OE

Prime Rate is 3.00%

Variable rate mortgages from as low as Prime minus 0.50%

 Please note that rates shown above are subject to change without notice. The rates shown are  posted rates and the actual rate you receive may be different, depending upon your personal financial situation. “Some conditions may apply. Rates may vary from Province to Province. Rates subject to change without notice. *O.A.C. E.& O.E.” Check with your Dominion Lending Centres Mortgage Professional for full details and to determine what rate will be available for you.

*O.A.C., E.& O.E.

 
  • We are Canada's premier online mortgage lender, and one of the fastest growing mortgage companies nationwide!
  • Our Brokers are Experts in their field and many are ranked amongst the best nationally.
  • We close loans in all 10 provinces and 3 territories.
  • We can process your mortgage in as few as 7 days.
  • We have more than 100 mortgage programs making it easy to choose the best fit for your situation.
  • We are the preferred mortgage lender for several of Canada's top companies.
  • Dominion Lending Centres' Mortgage Experts are available anytime, anywhere, evenings and weekends — we'll even come to you!


Unit J4 West Vancouver BC

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Please visit our Open House at 107 2226 12TH AVE W in Vancouver.

Open House on Saturday, August 9, 2014 1:30 pm - 3:00 pm

Welcome Home! You'll love summers on my private south facing 50 sf patio surrounded by greenery and perfect for bbq and a pet. Living in Kitsilano's highly desirable Arbutus Walk neighbourhood, close to Kits Beach, transportation, shops,restaurants, the community centre and schools. This spacious studio has engineered hardwood floors, insuite laundry and a Murphy bed. Features TWO parking stalls and a storage locker. Building has a bike room and is rainscreened. Perfect for first time buyers, investors or a pied-a-terre. Rented so 24 hrs please. Seize the opportunity! Walk score 95. Offers please. Open house Sat Aug 9, 1:30-3pm.

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.