REBGV Townhouse Resale Average Price/Per Sqft October 2018
November 17th, 2018
November 17th, 2018
November 17th, 2018
A slow October for residential real estate sales across the province has led to an overall balanced market and a “much-needed” increase in available homes for sale, according to the … [read more]
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November 17th, 2018
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November 16th, 2018
A report analyzing the impact of augmented transportation on Greater Vancouver housing could help real estate investors find shrewd deals. Specifically, the report by the Real Estate Intelligence Network, uses … [read more]
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November 16th, 2018
As resale prices and sales activity march lower overall in Vancouver, the number of new condos sold climbed last quarter, according to a new report from Urban Analytics. The real … [read more]
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November 16th, 2018
Tighter mortgage rules and higher interest rates have dented buying power, but health of the economy backs higher demand. The British Columbia Real Estate Association estimates that economic growth will … [read more]
Comments Off on Real Estate Forecast Anticipates 2019 Sales to Edge Up After 2018’s Fall
November 15th, 2018
More than nine out of 10 plan remain in their own homes during retirement – but some may not be by choice. Stubborn seniors are skewing the outlook for the … [read more]
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November 15th, 2018
Housing affordability reports for the third quarter of 2018 are coming in, and they’re not looking pretty. Affordability worsened in nine out of 10 urban markets last quarter, according to … [read more]
Comments Off on Demand for Condos is Up as Canadian are Priced Out of Single-Family Homes
November 15th, 2018
BC home sales are forecast the plummet 23% by the end of 2018 compared with the previous year, according to a new report from the BC Real Estate Association (BCREA). … [read more]
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November 15th, 2018
In October the Teranet–National Bank National Composite House Price IndexTM was down 0.4% from the previous month.[1] An October decline is not the norm – this was only the fourth … [read more]
Comments Off on Home Price Index Down in October in All Component Markets Except Montreal
November 14th, 2018
Renovating a detached home and renovating a condo are two very different things. While you may need to apply for a building permit, chances are your neighbors won’t have a … [read more]
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November 14th, 2018
The Bank of Canada has been hiking interest rates all year, and Canada’s big banks have been raising mortgage rates accordingly. The result? A nationwide deterioration in housing affordability, according … [read more]
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November 14th, 2018
Vancouver is now ranked as the worst place in the world for luxury homebuyers seeking a return on their investment, according to a global survey of 43 “prime residential” cities. … [read more]
Comments Off on International Survey Shows Vancouver Luxury Home Price Plunge Has Cooled City’s Allure for Investors
November 14th, 2018
Vancouver, BC – November 14, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 6,405 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
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November 13th, 2018
The Canadian housing market hasn’t provided much of a boost to the country’s economy in 2018 and, according to one bank, it’s a trend that will likely continue in the … [read more]
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November 13th, 2018
Light rail, SkyTrain, major highways could see property values rise by hundreds of thousands of dollars. Property values could shoot up for buildings within walking distance of incoming light rail … [read more]
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November 13th, 2018
Home prices are forecast to range between $501,400 and $521,600. OTTAWA — Canada Mortgage and Housing Corp. says the country’s real estate market is expected to moderate over the next … [read more]
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November 12th, 2018
Welcome to the Age of Sharing. The sharing economy is a 21st century phenomenon that’s expected to grow from $15 billion in 2014 to $335 billion by 2025. A recent … [read more]
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November 12th, 2018
Survey of home costs per square foot reveals gaping bang-for-buck differences between Metro Vancouver areas. Looking for bang for your home-buying buck? Detached home prices in Burnaby are dwarfed by … [read more]
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November 12th, 2018
Metro Vancouver’s resale housing market continued cooling in October as inventory hit its highest level in about four years, according to the Real Estate Board of Greater Vancouver (REBGV). Some … [read more]
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November 11th, 2018
An older home can come with a lot of charm, but those walls may be hiding some major issues. Not all of these projects are necessarily safe for you to … [read more]
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November 11th, 2018
The majority of young Canadian families would prefer to live in a single detached home, but many have given up on the dream of ever being able to buy one. … [read more]
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