Blog by Andrew Peck

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Is our housing market at risk?

May 31st, 2017

Is our housing market at risk?

Today, the International Monetary Fund reported that Canadian households are highly indebted and housing affordability, particularly in Vancouver and Toronto, has become a social issue with many first-time buyers priced out of the markets. 

The IMF advises Canada that housing market imbalances should be a joint responsibility of both the federal and provincial ...

Moving towards a National Housing Strategy

May 1st, 2017

Moving towards a National Housing Strategy

The Canadian Real Estate Association and its member real estate boards and associations across Canada have long advocated for better access to affordable market and rental housing.

It was CREA who helped convince the federal government to bring in the Home Buyers' Plan (RRSPs for down payments) and CREA continues to ask the government to index the ...

What are the key challenges we face as a profession?

February 18th, 2016

What are the key challenges we face as a profession?

If someone were to ask me what one characteristic Realtors® share, I'd say - adaptability. 

Take a minute and think about it.

Who was the first person you know who went out and bought a computer?  A pager? A cell phone?

Who was the first person  you know with a Facebook page and a twitter account? Who was your first text from?

Likely y ...

Will a luxury or speculation tax create more affordable housing?

February 2nd, 2016

Will a luxury or speculation tax create more affordable housing?

In the last month, both the Mayor of Vancouver and economists from the University of British Columbia and Simon Fraser University have proposed a speculation or luxury tax on housing.

The goal is to increase affordable housing. 

While there's no question that making market and rental housing more affordable throughout the pro ...

Friends close by – the Golden Girls revisited

January 28th, 2016

Friends close by – the Golden Girls revisited

Collective housing – where a home owner rents rooms or where a group of friends or even strangers rent a home together, is increasingly popular.

How popular? 

A new study by Square One Insurance Services finds 43 per cent of Vancouver home owners now rent part of their home.

Renters aren't just students trying to cut costs. Instead, this type ...

Millennial buyers and four trends changing real estate

January 24th, 2016

Millennial buyers and four trends changing real estate

By 2041, more than 1.2 million more residents will call Metro Vancouver home, bringing our population to 3.4 million residents.

To accommodate newcomers, we’ll need more than 574,000 new housing units according to Metro Vancouver data.

Given Metro Vancouver’s geographical constraints – the North Shore mountains, the Pacific Ocean, the ...

When renting your spare room = trouble

January 20th, 2016

When renting your spare room = trouble

Across Canada, many homeowners use websites such as Airbnb and Vacation Rentals By Owner to rent homes, apartments, and spare rooms.

Property owners and tenants give strangers keys, front door codes, and gate openers.

This can bring parking problems, noise, and crime into previously quiet residential communities.

If neighbours complain or police are ...

CREA Cafe - delivering the news you need

January 15th, 2016

CREA Cafe - delivering the news you need

For many REALTORS®, it seems as though we're walking around with a 24-hour newsroom in our pockets, constantly bombarded with stories about the economy, the housing market and government initiatives.

The CREA Cafe, the official blog of the Canadian Real Estate Association, is a key way we better connect with members and provide information about the ...

Does lobbying work?

January 13th, 2016

Does lobbying work?

In 2015 during the federal election, CREA volunteers and staff met with candidates and parties and focused on:

  • indexing the Home Buyers’ Plan to the Consumer Price Index in $2,500 increments and expanding the plan to buyers experiencing significant life changes; and
  • facilitating reinvestment in other investment properties by allowing income property investors to defer ...

Do home sales matter to our communities?

January 11th, 2015

Do home sales matter to our communities?

We know that each time a home changes hands, the transaction generates significant spin-offs, creates jobs and keeps our communities growing.

When we help sellers prepare their home for sale, we see the landscapers, the house painters, the roofers and the gutter cleaners they hire.

We also see our buyers hiring home inspectors and surveyors and late ...

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Is our housing market at risk?

May 31st, 2017
Is our housing market at risk? Today, the International Monetary Fund reported that Canadian households are highly indebted and housing affordability, particularly in Vancouver and Toron...Click here to read more detail about 'Is our housing market at risk?'

Moving towards a National Housing Strategy

May 1st, 2017
Moving towards a National Housing Strategy The Canadian Real Estate Association and its member real estate boards and associations across Canada have long advocated for better access to ...Click here to read more detail about 'Moving towards a National Housing Strategy'

What are the key challenges we face as a profession?

February 18th, 2016
What are the key challenges we face as a profession? If someone were to ask me what one characteristic Realtors® share, I'd say - adaptability.  Take a minute and think about i...Click here to read more detail about 'What are the key challenges we face as a profession?'

Will a luxury or speculation tax create more affordable housing?

February 2nd, 2016
Will a luxury or speculation tax create more affordable housing? In the last month, both the Mayor of Vancouver and economists from the University of British Columbia and Simon Fraser Un...Click here to read more detail about 'Will a luxury or speculation tax create more affordable housing?'