January 2025 Presale Report: Market Lows and Steady Strides

"The holiday months are typically quiet as sales galleries close and kids are off for Winter Break. This year was no exception, and it shows in the data. As we enter a new year in the presale space, developers remain challenged with the same themes from last year – mainly high costs to deliver and
Financial Resources for Pre-Sale Homebuyers
2 years
For pre-sale homebuyers, financial clarity is key. It’s crucial to develop and follow a clear financial plan that factors in income and expenses when purchasing any home. Just as homebuyers should seek a full understanding of their mortgage structure and insurance details, so should they be aware of
A Complete Homebuyer’s Resource
2 years
Any new homebuyer knows that the purchasing process can be time consuming and overwhelming. Navigating legal matters, insurance details, mortgages and moving is often unnecessarily strenuous. To support pre-sale homebuyers right from the start, MLA Canada created MLA Complete, a customer-focused
What to Know About Warranties When Buying a Pre-Sale Home
2 years
Just as each homebuyer should have a thorough understanding of their mortgage and home insurance, so too should they know how the warranty for their pre-sale home purchase functions. In British Columbia, any new home built by a licensed residential builder must be covered by third-party home
Pre-Sale Advantages for Downsizers
3 years
Less space, more benefits There can be many advantages to downsizing that are often overlooked when initially considering it as your next move, whether it be for retirement, or because your children have now left their nest. Although moving from a single family home to a condo or townhome can feel
Making the most of a presentation centre  
3 years
For the most part, homeowners want to leave a presentation centre armed with the information needed to continue their purchasing journey, but many fail to know the right questions to ask when doing so. Below we cover the type of questions to ask and the tools to bring to a presentation centre so