April 13th, 2021
The numbers and the anecdotal evidence are clear : while Metro Vancouver’s housing market has been on a surprising tear during the COVID-19 pandemic, the market for foreign buyers looking … [read more]
April 13th, 2021
Vancouver, BC – April 13, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 15,073 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on New All-Time Record for Monthly BC Home Sales
April 13th, 2021
March was a record-setting month in Metro Vancouver with 5,708 sales, says the Real Estate Board of Greater Vancouver (REBGV). Sales surged by 126.1% year-over-year from 2,524 in March 2020, … [read more]
Comments Off on Record Home Sales in Metro Vancouver, Up 126% Y/Y
April 12th, 2021
By mid-way through March it was already clear that it was going to be a remarkable month for Vancouver region home sales. At mid-month, Dexter Realty’s Kevin Skipworth wrote that … [read more]
Comments Off on Metro Vancouver Housing Market Represented A Noteworthy Rise in New Listings, Home Sales & Prices
April 7th, 2021
Luxury home sales in Vancouver are expected to keep rising through 2021, according to a new report from Sotheby’s International Realty Canada. Sales in the city’s high-end housing market rose … [read more]
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April 7th, 2021
Nearly one year after condo sales sunk at the onset of the COVID-19 pandemic, new data shows that buyers have been returning to downtown Vancouver’s high-rise market. According to recent … [read more]
Comments Off on Vancouver Condo Sales Rebound, A Mild Increase in Price
April 7th, 2021
SURREY, BC – Fraser Valley real estate hit two historical highs in March, setting records for both sales and new listings processed in one month since the Fraser Valley Real … [read more]
Comments Off on FVREB New Listings Increased 91%, Home Sales Up 131% Y/Y
April 6th, 2021
While BC real estate companies are still navigating the impacts of the COVID-19 pandemic, this is an ideal time to reflect on lessons learned so far. At the start of … [read more]
Comments Off on Lessons Learned from COVID-19 in BC Real Estate
April 5th, 2021
As of the end of February, the average price of a BC home was $866,583, up by $126,000 over the same time a year ago. That increase equates to a … [read more]
Comments Off on BC Home Price Increase Equates to A 17% Annual Increase (Up $126K)
April 5th, 2021
When it comes to addressing Canada’s rapidly overheating housing market, getting more homes built, especially affordable rentals, is the first recommendation RBC Senior Economist Robert Hogue has for policymakers. The … [read more]
Comments Off on Overheated Housing Market Needs Speeding Up New Home Approvals Process & Adjusting Zoning
April 2nd, 2021
Home buyer and seller activity reached unprecedented levels across Metro Vancouver in March. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled … [read more]
Comments Off on March Home Sales and New Listings Set Records in Metro Vancouver
April 1st, 2021
A “mix of exuberance and haste” has sent Canadian single-family home prices into the stratosphere and many parts of the country have seen “self-reinforcing price dynamics” take hold. That’s the … [read more]
Comments Off on Canadian Single-Family Home Price Dynamics Gain in Value
April 1st, 2021
Vancouver’s new home market got a big boost through the second half of 2020, with the strong performance allowing total new home sales for the year to exceed 2019’s total … [read more]
Comments Off on Low Interest Rates & Strong Local Demand Boost Vancouver’s New Home Sales Performance
March 31st, 2021
Home buyers are showing more interest in golf community homes again and it’s all thanks to the COVID-19 pandemic. In its 2021 Luxury Outlook report, Sotheby’s International Realty said that … [read more]
Comments Off on 2021 Luxury Estate Outlook : Golf Homes are Growing in Popularity
March 31st, 2021
How the COVID-19 pandemic is shaping Canadian real estate At the onset of the COVID-19 pandemic, many people thought that the housing market would cool down. However, the coronavirus pandemic … [read more]
Comments Off on An Unstoppable Force : Canadian Real Estate Market Shaped by The Pandemic
March 31st, 2021
A closely watched Canadian home price index has taken off again following three consecutive months of slower price appreciation. The latest reading of the Teranet-National Bank Home Price Index showed … [read more]
Comments Off on Canadian Home Price Index Has Taken Off Again with Strong Monthly Gains
March 30th, 2021
The US real estate market is nothing if not unpredictable. The pandemic has affected every industry, but few could imagine exactly how it would impact home sales. Triggered largely by … [read more]
Comments Off on The Real Estate Market Trend is Expected to Continue Well into 2021
March 30th, 2021
In February the Teranet–National Bank National Composite House Price IndexTM was up 0.5% from the previous month, an acceleration from the January increase after three consecutive months of slowing. The … [read more]
Comments Off on Teranet-National Bank HPI : Home Prices Accelerate & Up for A 16th Straight Month
March 29th, 2021
Canadian home builders were busy again last month as housing starts nationwide rose 17 percent over February 2020 levels. While building activity declined on a monthly basis from an exceptionally … [read more]
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March 29th, 2021
The latest BCREA Market Intelligence : Supply and Demand – A Quantitative History of BC Home Prices will attempt to answer whether it’s possible to say how much of the … [read more]
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March 26th, 2021
There are a total of 11 condos & 4 townhouses for sale as of March 26th, 2021 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
Comments Off on Coquitlam New Horizons The Windsor Gate Condos & Townhouses for Sale Updates as of March 26, 2021
March 26th, 2021
There are a total of 5 condos for sale as of March 26th, 2021 in Metortown Chancellor by Polygon Home, 4880 Bennett St in Burnaby South area. The smallest condo … [read more]
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Comments Off on Foreign Buying Activity Slows Dramatically, But will That Slowdown Continue?