Jay Mcinnes

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News

Discover the charm and convenience of living in Dunbar, Vancouver B.C.

Posted on Jan 29, 2023 in Vancouver Real Estate News

Dunbar: A Thriving Neighbourhood in Vancouver, BC!
Dunbar is a neighborhood located in the west side of Vancouver, BC, Canada. Known for its tree-lined streets, spacious homes, and community-oriented residents, Dunbar is one of the city's most desirable places to live. With a rich history, top-notch amenities, and excellent access to the rest of the...

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The Departed!

Posted on Jan 25, 2023 in Vancouver Real Estate News

Episode #239 "Interest Rates and the Canadian Housing Market: What Does the Future Hold?"

The Bank of Canada recently announced an increase of 0.25% in interest rates, bringing it to 4.50%. However, lenders have started dropping fixed rates and the BOC is forecasting inflation to reach 3% in mid-2023 and 2% by 2024. The Governing Council has stated...

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Has The Market Bottomed???

Posted on Jan 17, 2023 in Vancouver Real Estate News

Has The Market Bottomed? 

This week I discuss the current state of the market and what we are seeing out there on the ground. The big talk is still regarding interest rates and what they are going to do over at the BOC next week. Forecasting aside, lets focus on what they have done and how they CURRENTLY effect the market. 
So with that, lets break dow...

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Vancouver Real Estate in December 2022

Posted on Jan 12, 2023 in Vancouver Real Estate News

Vancouver Real Estate - December 2022

We’ve finally rounded out the year, and taken a welcome step into 2023. What a year it has been as well. It seems we went from record highs, to record lows in such a short space of time. So let’s recap the year a little and then we can break down December of 2022.
At the forefront of discussion for last year is t...

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Mandatory Rentals in B.C!

Posted on Dec 02, 2022 in Vancouver Real Estate News

Mandatory Rentals in BC?!

Soooo a pretty big move by David Eby and the NDP Government here in BC this past week. On November 24, 2022 it is now mandatory for all buildings to allow rentals, and age restrictions (other than 55+ buildings) are out the door! This is to be enforced with immediate effect.
I don’t think anyone is at this point, but just in...

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Is Everyone Defaulting & What Does It Look Like?

Posted on Nov 24, 2022 in Vancouver Real Estate News

Is Everyone Defaulting & What Does It Look Like?

The question on everybody's mind when it comes to Real Estate and Mortgages. Are people now defaulting due to higher interest rates, and if so, what does that look like? For buyers, this is the age old fable of ‘Sellers NEED to sell, so I will get a deal’.
How true is that statement though really? When...

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Sharp Real Estate Group

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Oakwyn Realty Ltd

400 - 1286 Homer Street  Downtown Vancouver,  BC  V6B-2Y5 

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