Take Each Day as it Comes.
Summer is approaching! COVID-19 numbers are getting lower! So many exciting things ahead! Stay hopeful! At the back of this newsletter, write in some things you are grateful for and post it in your room, kitchen, or even your washroom, as a reminder of the things
Market Trend - May 2021 Highlights
It's June, which means that the Office of the Superintendent of Financial Institutions (OSFI) & Financial Consumer Agency of Canada (FCAC) will be tightening the stress test for home buyers with uninsured mortgages.
The stress test is a minimum threshold that anyone applying for a home loan in Canada has to meet. It doesn't make the loan itself more expensive. Rather, it ensures anyone getting a mortgage will be able to pay it off if rates go up. The minimum qualifying rate for uninsured mortgages – residential mortgages with a down payment of 20% or more – will rise to either the contracted rate plus two percentage points or 5.25%, whichever is higher.
An update from the REBGV economist, Keith Stewart stated "While home sale and listing activity remained above our long-term averages in May, conditions moved back from the record-setting pace experienced throughout Metro Vancouver in March and April of this year. With a little less intensity in the market today than we saw earlier in the spring, home sellers need to ensure they’re working with their REALTOR® to price their homes based on current market conditions."
If you have any questions, you can call or text me at (778) 388-1436.
The MLS® HPI, which is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices.The trend of prices has consistently been increasing.
“We’re seeing resistance to multiple offers and buyers adjusting their offers, or even waiting because they have more selection. We’re a long way from a balanced market, but supply is helping us to head in the right direction.”
Since we need more supply, it's a great time to sell. There is still an upward trend There was a 1.5% increase compared to April 2021.
Contact me if you want to create a strategy for buying or selling a home. email@example.com
EVERYDAY HEROES: PAL Gear
PAL Gear. Be you-nique gear. Designed and made just for you, by you. Such a fun way to express yourself with your clothing!
PAL Gear is here to help your you-nique style and personality stand out from the rest with current fashion trends. Whether it be powerful statements on activewear to help you achieve your goals or positive affirmations to keep you focused even on lounge days, PAL Gear is your fashion vessel. It’s an outlet to be yourself with zero judgement. Their premium quality athleisure wear will be trend-setting. Check out the latest products on Instagram @PalGear or shop now at www.pal-gear.com
Pay It Forward
Every person around us is going through something and has their own story. This movie highlights the different background of each character and how sometimes, people are just good at hiding what hurts them.
They try to solve their problems in isolation, but this flawed approach can backfire in many ways, and they eventually start believing that they are the only person who has problems. That simply isn’t life, you need family and friends you can trust. In real estate, you need a trusted professional to help guide you through buying or selling a home.
Contact me today at firstname.lastname@example.org
What My Fans Say
Heather's INTEGRITYand FAIRNESS are at the forefront of everything ensuring that you get the best of what you hoped for. Her organizational skills extend BEYOND just the talk as she provides her own UNIQUE tools that makes her ahead of the game. ~ Ryan M.
Click below to download the full JUNE 2021 Newsletter!
Keep Smiling, 😊
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