June 25th, 2020
The Canadian Real Estate Association (CREA) monthly report for May released earlier this week revealed that national home sales dropped 40% year-over-year (y-o-y), and new listings declined at a similar … [read more]
June 24th, 2020
Our country faces challenges all the time. Whether it’s a recession, natural disaster or, yes, even a global pandemic—no matter what’s happening in the world, life still happens. Today, many … [read more]
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June 24th, 2020
Toronto, Vancouver and many other major markets across Canada began the year in seller’s market territory with high demand for housing and tight supply giving home sellers the upper hand … [read more]
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June 24th, 2020
Vancouver home sales rose in the first 15 days of June when compared to the same period in 2019. This is the first time sales have increased relative to 2019 … [read more]
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June 23rd, 2020
Housing affordability in Canada’s large urban centres improved in the first quarter of 2020. Although mortgage interest rates remained essentially unchanged from Q4 to 2019, an increase in income was … [read more]
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June 23rd, 2020
Pent-up demand for homes in top markets like Toronto, Vancouver, and Ottawa might compensate for lower purchasing power amid mounting job losses, RE/MAX said in a new study. “Exceptionally low … [read more]
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June 23rd, 2020
Home sales have recovered significantly from the national market’s worst April reading in nearly 40 years, although the average sale price remained relatively steady, the Canadian Real Estate Association reported. … [read more]
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June 22nd, 2020
For many real estate professionals, the COVID-19 pandemic has led to a complete shift in the way they conduct business. Most brokers and agents were relegated to their home, despite … [read more]
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June 22nd, 2020
A wave of pent up housing demand hit markets across Canada in May in an encouraging sign that buyers are returning after mostly keeping to the sidelines through April. May … [read more]
Comments Off on Pent Up Housing Demand to Propel Further Sales Gains in The Months to Come
June 22nd, 2020
In May the Teranet–National Bank National Composite House Price IndexTM was up 1.1% from the previous month, a rise equal to the average for May over the last 10 years. … [read more]
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June 21st, 2020
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June 21st, 2020
Whether you are trying to figure out queen or king bed dimensions for your master bedroom or picking out the right type of window treatment, choosing the perfect pieces for … [read more]
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June 21st, 2020
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June 21st, 2020
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June 21st, 2020
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June 20th, 2020
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June 20th, 2020
Ask any random person what their favorite season is, and you could bank on at least half of them being summer. Summer is one of the most fun and action-packed … [read more]
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June 20th, 2020
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June 20th, 2020
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June 20th, 2020
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June 19th, 2020
Selling your home without an agent is often an appealing idea because you can forego the commission rates. The major downside, however, is you lose out on all the important … [read more]
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June 19th, 2020
Strata corporation insurance rates have jumped about 40% across BC since last year, with deductibles sometimes leaping to triple-digit increases, the B.C. Financial Services Authority said June 16. “The current … [read more]
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Comments Off on Canadian Housing Market Conditions Remain Similar to Last Year