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Posts Tagged:relocation

Rental Vacancy Rates at critically low levels in Greater Vancouver and Toronto Areas

Just recently Vancouver’s rental vacancy rate was measured at being the lowest in the world at 0.6%. CMHC has not released its figures, so Toronto’s rate is not currently known (last year’s published rate was 1.6%), but it is expected to be low, although not as low as that of Vancouver. Single Family Detached Homes…

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Fort McMurray Evacuation Effects Temporary Accommodation availability far and wide

The tragedy in Fort McMurray has displaced thousands of families. Many of these have travelled south to Edmonton. As a result, it should come as no surprise that Edmonton temporary accommodation facilities are now full with no foreseeable vacancies. However, while many employees have fled to Edmonton, many have also gone back to other cities…

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Calgary homes can sell this spring, but they must be priced aggressively.

Recently, Ann-Marie Lurie, chief economist at the Calgary Real Estate Board (CREB), noted that Calgary detached home sale prices are expected to drop 3.2% in 2016 on an annualized basis. All Points has spoken with appraisers who believe that in some pockets, housing prices may drop as much as a 0.5% per month. We are…

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Immigration filing fees go up in the UK

On March 18, companies will be paying more for immigration fees for their global assignees and permanent relocations to the UK. There is a small increase of 2% work visas: Tier 2 visa route application up to three years (outside the UK): £564 to £575 (Increase of £11) Tier 2 visa route application up to…

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Increased Migrant Populations start to affect Relocations to the UK

UK concerns over increased migrant populations have had two recent effects on relocations to the UK, one which has been proposed and will likely be forthcoming in 2016, the other of which has already been implemented. Immigration: After being commissioned by the UK Government to address concerns about increased non-EU migrants using the Tier 2…

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The possible effects of Vancouver House Flipping for relocation

On Saturday February 6, the Globe and Mail published an extensive article on the issue of home flipping in the Vancouver market. In it, the Globe investigation further casts suspicion on irregular market forces creating a bubble in the Vancouver housing market. Just as importantly, the article has caught the attention of a Vancouver MLA who is…

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Flying through Canada is about to get harder. Are you prepared for your business travellers and current work permit holders?

Starting March 15, 2016, visa-exempt foreign nationals who fly to or transit through Canada will need an Electronic Travel Authorization (eTA). Exceptions include U.S. citizens and travellers with a valid Canadian visa issued by a Canadian embassy, consulate, or high commission outside of Canada. eTA is a new entry requirement for all visa-exempt foreign nationals…

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Are your transferees delaying their move to Calgary?

All Points has seen a hesitation among some transferees moving to Calgary, because they believe that house prices are going to fall and they do not want to purchase a depreciating asset. The Calgary Real Estate Board (CREB) has recently reported a significant year over year drop in the total sales of homes in Calgary.…

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Rising Canadian Mortgage Rates – What it means for your relocations.

Canadian mortgage rates rose last week as a result of one large lender raising its rates, setting a trend that the industry followed. This is a cycle we’ve seen several times. These movements have shrunk average five-year variable rate discounts from prime minus 0.6% to prime minus 0.4% and increased five year fixed rates from…

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