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Blog by Majeed Rajabi

1108 1351 CONTINENTAL STREET Vancouver West, Vancouver West, BC

June 23rd, 2020
I just finished finalizing documents on Sale of 1108 1351 CONTINENTAL STREET Vancouver West, Vancouver West, BC This GORGEOUS 1 bdrm with huge walk-in closet/office and VIEWS has many upgrades and customizations has it all!! Custom designed storage, intregated builtin TV's in bdrm and livingroom, designer paint, wallpaper and lighting."MADDOX" by Cressey at the heart of Downtown Vancouver. A ...

Vancouver Lower Main Land Real Estate Stats Centre Reports - May 2020

June 5th, 2020
The latest Stats Centre Report for Metro Vancouver is now available. Click here to view it.    Click here to view the latest Stats Centre Report for West Vancouver. Please contact me at (604)988-5588, if you are interested to view other areas. MAJEED  RajabiYour Trusted, Local Real Estate Expert Royal Pacific Lions Gate Rea ...

Vancouver Lower Main Land Real Estate Stats Centre Reports - May 2020

June 5th, 2020
Metro Vancouver home prices have remained steady since provincial health officials implemented physical distancing requirements in March.   The Real Estate Board of Greater Vancouver (REBGV) reports that the MLS® Home Price Index1 composite benchmark price for all residential properties in Metro Vancouver today is $1,028,400. This is virtually unchanged from April 2020, a 1.4 per cent incre ...

CMHC tightens lending standards, making homes less affordable  

June 5th, 2020
Yesterday afternoon, CMHC announced changes to its mortgage insurance underwriting and acceptance criteria.   Effective July 1, the following changes will apply for new applications for homeowner transactional and portfolio mortgage insurance: The maximum gross debt service (GDS) ratio drops from 39 to 35 The maximum total debt service (TDS) ratio drops from 44 to 42 The minimum credit s ...