As the Canadian housing market enters its most balanced phase in years, first-time buyers across British Columbia and Alberta are discovering new openings that didn’t exist in 2022 or 2023. The Bank of Canada’s September 2025 rate cut to 2.5%, coupled with improved inventory, is reshaping affordability across urban and suburban corridors from Surrey and...
The Canadian housing market has endured a turbulent journey over the past two years, but as we move into the second half of 2025, optimism is quietly making a comeback. British Columbia, in particular, is witnessing early signs of recovery. While uncertainty still lingers, a pause in interest rate hikes, improving affordability metrics, and moderating...
For years, one of the biggest barriers to homeownership in British Columbia has been affordability — especially for first-time buyers in high-demand markets like Abbotsford, Surrey, and nearby communities. In 2025, a major policy shift aims to address this: 30-year amortization terms are now available on insured mortgages for new construction homes purchased by first-time...
Purchasing your first home is a milestone achievement—and a major financial decision. In thriving markets like Abbotsford and Surrey, first-time buyers are stepping into a competitive but opportunity-rich landscape. Whether you’re buying a cozy townhome, a single-family property, or investing in a new construction project, understanding how mortgages work is the foundation of a successful...
Introduction Housing affordability is once again at the center of Canada’s political debate. With the federal election on the horizon, former Bank of Canada Governor and potential Liberal leadership candidate Mark Carney has proposed removing the Goods and Services Tax (GST) on new home purchases for first-time buyers. The aim is to provide meaningful relief...
