January 23rd, 2021
In December the Teranet–National Bank National Composite House Price IndexTM was up 0.6% from the previous month, the strongest gain for a month of December since 2009. However, it was … [read more]
January 22nd, 2021
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January 22nd, 2021
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January 22nd, 2021
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January 22nd, 2021
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January 21st, 2021
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January 21st, 2021
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January 21st, 2021
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January 21st, 2021
The Vancouver region housing market shattered a sales record in December to cap off an incredible rebound in the second half of 2020. Moving into the first month of a … [read more]
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January 21st, 2021
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January 20th, 2021
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]
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January 19th, 2021
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]
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January 19th, 2021
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]
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January 18th, 2021
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]
Comments Off on Metro Vancouver Robust Home Sales Outpaced Long-Term Averages, Home Prices Continued Steady Upward Climb
January 18th, 2021
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]
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January 14th, 2021
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]
Comments Off on BC Housing Markets Staged A Remarkable Recovery During The Pandemic & Recession
January 13th, 2021
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]
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January 12th, 2021
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]
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January 11th, 2021
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]
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January 8th, 2021
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]
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January 7th, 2021
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]
Comments Off on The Price Gap Between Condos & Detached Homes is to Widen in The New Year
January 7th, 2021
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]
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Comments Off on Home Prices Continued to Rise, HPI Growth Slowed