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The Canadian property bubble refers to a significant rise in Canadian real estate prices from 2002 to present (with short periods of falling prices in 2008, 2017, and 2022). The Dallas Federal Reserve rated Canadian real estate as "exuberant" beginning in 2003. [ 1] From 2003 to 2018, Canada saw an increase in home and property prices of up to ...
Strata title is a form of ownership and housing tenure devised for multi-level apartment blocks and horizontal subdivisions with shared areas. The word "strata" refers to apartments on different levels. Strata title was first introduced in 1961 in the state of New South Wales, Australia, to better cope with the legal ownership of apartment blocks.
Murder of Lindsay Buziak. Lindsay Elizabeth Buziak (November 2, 1983 – February 2, 2008) [ 1] was a Canadian real estate agent who was murdered on February 2, 2008, during a property viewing in Saanich, a suburb of Victoria, British Columbia, after being lured to meet a man and a woman posing as prospective clients seeking a million-dollar home.
Fairfield is the southernmost neighbourhood in the city of Victoria, on southern Vancouver Island. It is Victoria's largest community by population and area, when considered together with the adjacent Gonzales neighbourhood. Fairfield is a residential community with a mix of low-rise apartments and single family homes on well-maintained, tree ...
The leaky condo crisis, also known as the leaky condo syndrome and rotten condo crisis, is an ongoing construction, financial, and legal crisis in Canada. It primarily involves multi-unit condominium (or strata) buildings damaged by rainwater infiltration in the Lower Mainland and Vancouver Island regions of coastal British Columbia (B.C.).
Greater Victoria (also known as the Greater Victoria Region) is located in British Columbia, Canada, on the southern tip of Vancouver Island. It is usually defined as the thirteen municipalities of the Capital Regional District (CRD) on Vancouver Island as well as some adjacent areas and nearby islands. The Capital Regional District administers ...
A value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home. An index above 100 signifies that family earning the median income has more than enough income to qualify for a mortgage loan on a median-priced home, assuming a 20% down payment and a qualifying ratio of 25%.
Website. victoria .ca. Victoria is the capital city of the Canadian province of British Columbia, on the southern tip of Vancouver Island off Canada's Pacific coast. The city has a population of 91,867, and the Greater Victoria area has a population of 397,237. The city of Victoria is the seventh most densely populated city in Canada with 4,406 ...
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