Found 2 blog entries tagged as prices.

Buying a condo in Vancouver can be both exciting and daunting. Whether you’re a first-time home buyer or a seasoned investor, the stakes are high in one of Canada’s priciest real estate markets – even a condo (typically more affordable than a house) is a major purchase. To avoid costly surprises, it’s essential to do thorough due diligence. Here are 5 crucial things you should check before buying a Vancouver condo. Following this checklist will help you protect your interests and ensure the property is the right fit for your needs and budget.

1. Vancouver Real Estate Market Conditions and Pricing

Before you start condo hunting, get a clear picture of the current housing market. Vancouver’s real estate landscape in 2025 is notably different from the…

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Canadian prices, as measured by the Consumer Price Index (CPI), rose 2.3 per cent on a year-over-year basis in March, down from a 2.6 per cent increase in February. Month-over-month, on a seasonally adjusted basis, the CPI was unchanged in March.

The overall slowdown in headline CPI is largely driven by lower gasoline prices, with the CPI excluding gasoline rising by 2.5 per cent in March.

Shelter price growth continues to cool, as mortgage interest costs were up 7.9 per cent, marking the nineteenth consecutive month of deceleration. Similarly, rent was up 5.1 per cent year-over-year in March, down from 5.8 per cent in February.

In British Columbia, consumer prices rose 2.6 per cent year-over-year, down from 3.0 per cent in February.

The Bank…

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