Home sales in many Canadian markets broke records in December while prices soared as supply couldn’t keep up with robust demand. Toronto, Vancouver, Calgary, Edmonton, Ottawa and Montreal all saw … [read more]
A record-breaking number of transactions in December was more than enough to seal the deal for 2020 on its path to becoming the best year for Canadian home sales on … [read more]
Vancouverites can be forgiven if 2020 seemed a little familiar. The Vancouver real estate market closed the year looking very much like it did three to five years ago, as … [read more]
A record month for home sales in December closed out a remarkable year for BC real estate. The latest data from the BC Real Estate Association (BCREA) shows that sales … [read more]
Despite the tighter measures put in place to combat the COVID-19 pandemic, Vancouver home buyers scooped up a record number of properties during what’s typically a quiet period for housing … [read more]
Vancouver, BC – January 13, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 93,953 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Unlike many British Columbians, home sales did not take a break over the holidays in Metro Vancouver. Residential sales surged 53.4% year over year last month to a hit a … [read more]
A Royal LePage housing market forecast for 2021 has the Vancouver region pegged for the second-highest home price increase out of the nine major Canadian cities included. The real estate … [read more]
Following 2020’s V-shaped recovery, the BC housing market is set to see strong homebuyer demand carry over into 2021. This high demand for housing coupled with low inventory will push … [read more]
Even as mortgage rates were hovering at record lows, Canadian homes became less affordable in 2020’s third quarter. RBC, which publishes a quarterly housing affordability monitor, said strong price increases … [read more]
While there’s no doubt that downtown condos were left in the dust when suburban single-family home sales and prices took off during Canada’s economic recovery, the chances that urban high-rises … [read more]
The Greater Toronto Area’s chronic housing supply shortage will cause prices to grow 5.75% by the end of next year, according to a new report. Average home prices in the … [read more]
While home buying activity in the Vancouver region is slowing down ahead of the holidays, it’s still on track to exceed home sales totals recorded in December 2019 and 2018. … [read more]
SURREY, BC – In a year when the real estate market was at a standstill for months due to COVID-19, total annual sales in the Fraser Valley still finished 12.4% … [read more]
A Canadian home price tracker known to be one of the best measures of price appreciation just experienced a record-breaking November increase. The Teranet-National Bank House Price Index rose 0.9 … [read more]
While home sales across the country declined slightly in November from the previous month, they were up a healthy 32 percent over the same time last year. In other words, … [read more]
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