Jay Mcinnes

Mobile: 604-771-4606

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Vancouver Real Estate News

Follow The Money

Posted on Oct 26, 2022 in Vancouver Real Estate News

Follow The Money!

Your Mortgage explained step-by-step: 
To make a long story short, The Bank Of Canada (B.O.C) goes through their checklist of economic stability points & movement of target inflation numbers + Pre determined mandates. From there they set the “Overnight Lending Rate”. This is the amount of interest they charge the banks to borrow mone...

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Vancouver's Potential Mayors on Housing

Posted on Oct 14, 2022 in Vancouver Real Estate News

Vancouver’s Potential Mayors on Housing

On October 15th, locals will take to the polls to determine who will be Vancouver’s next Mayor. Just as a reminder, you can vote in advance should you not be available that day (I’ll post a link below to various resources.)
So what are each of the candidates saying about the housing market?
Well before we get qu...

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Why the 2% Increase Hurts Tenants More!

Posted on Sep 28, 2022 in Vancouver Real Estate News


So rental increases in BC have been capped at 2% this year. To put it in simple terms, this means a $2,000 / month rent could increase to a maximum of $40 per month to $2,040 / month. Time to celebrate hey? A win for the underdog!? About time those Landlords got what they deserve?! Unfortunately, the answer is a resounding “NO!”
The problem with ren...

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The Affordability Lie

Posted on Sep 15, 2022 in Vancouver Real Estate News

A fun phrase that gets thrown around - “Affordable Housing”. No matter which side of the political spectrum you are, it’s a term we’ve all heard from various Governments. It’s usually followed by a line surmising how it will fix all of our housing problems. Well what actually IS this mythical ‘Affordable Housing’?
The CMHC summarises Affordable Hous...

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September 2021 Vancouver Real Estate Market update

Posted on Sep 01, 2021 in Vancouver Real Estate News

September 2021 Vancouver Real Estate Update

Gooooood Afternoon everyone! We hope everyone is primed and ready to go for Thanksgiving this weekend! It seems like just last week it was Summer and we were in the midst of that crazy heat dome. Dare I say it, Christmas is coming around the corner. A regular battle Jay and I lose each year.
So where does t...

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July 2021 Vancouver Real Estate Market Update

Posted on Aug 12, 2021 in Vancouver Real Estate News

July 2021 - Vancouver Real Estate Market Update

“Steady sales, reduced listings and virtually unchanged home prices in July”

The above is the title headline in the Real Estate Board of Greater Vancouver’s July 2021 market update. In fact, you could literally stop reading the report there and capture a large picture of what is happening in Vancouver r...

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Sharp Real Estate Group

Mobile: 604-771-4606

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Oakwyn Realty Ltd

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

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