Mindblown: a blog about philosophy.

In July, home sales [↑](color-green) ~10% yearly, but [↓](color-red) 300+ MoM units from 1,656. Shuswap / Revelstoke: Single-family home: $711K Town home: $566K Condo/apartment: $430K

Houses in Canada are ~40% more expensive than condos on a national level, taking over 2-yr worth of income to cover the difference. Vernon has a $385.4K price gap, requiring 5.3-yr to move up, while Kelowna has a $453K difference, needing 5.6-yr to bridge the gap.

Alex Leduc, CFA and CEO of Perch Capital, is making the alternative investment class of mortgage investing more accessible to retail investors. Mortgage investments are an alternative investment that have been around since 1973, and Canadians have poured billions into mortgage investment corporations (MICs) for decades. Investing in a MIC can generate passive income through…

Welcome to Skaha Estates, this 5 bed 2 bath home also has an exclusive lakeshore beach & park area!!! Bring all your creative ideas to make this home perfect for your needs. Featuring over 3000 sq ft of living space and over 1000 sq ft of attached garage/workshop. All this is situated on a .30…

The mortgage market has been unpredictable due to changing interest rates influenced by economic disruptions, inflation, and other factors. The BoC initially reduced rates to 0.25% during the pandemic but has since raised it to 5% in response to economic recovery.

According to Central 1 Economics, the housing market in British Columbia is expected to experience a rebound starting in 2024, following the Bank of Canada's recent interest rate hikes. Home sales volumes are predicted to decrease by 5% in 2023, but increase by 12% in 2024 and 14% in 2025. The average home price is…

The estimated income-to-expense ratio in BC is 1.2. The cost-of-living is estimated to be ~$79K/yr. The median annual household income in the province is ~$98K.

Check out this FULLY RENOVATED building and ground level unit with it's own entry and private wrap around patio!! Enjoy summer days and nights with views of the ocean and the main strip. Features include quartz counters, high end cabinetry, stainless steel appliance, open layout and air conditioning. Walk to the beach, shops and restaurants…