March 15th, 2021
Vancouver, BC – March 11, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 10,918 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
March 10th, 2021
By now it’s clear that the pandemic likely won’t be causing a double-digit percentage drop in Canadian home prices as some economists had predicted back in 2020. Instead, the market … [read more]
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March 9th, 2021
With spring just around the corner, home sales surged across the Vancouver region last month. A total of 3,727 homes changed hands in February, up 73.3 percent from the same … [read more]
Comments Off on Home Prices Up 7% as Homebuyer Competition Heats Up
March 8th, 2021
Strong sales in the Greater Vancouver region helped push the sales-to-active-listings ratio for all residential property types to 44.6%, which is far higher than the 28.8% percentage seen in January. … [read more]
Comments Off on Strong Home Sales • Strong Seller’s Market Push Prices Up 6.8% Year-Over-Year
March 5th, 2021
Western Canada’s commercial real estate markets are forecasted to perform very well through the remainder of the year, according to separate reports from RE/MAX and CBRE. According to RE/MAX, institutional … [read more]
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March 4th, 2021
Purchasers are spending money on more expensive homes in Canada’s biggest cities and it’s trickling down the ladder, making housing more prohibitive for the people most affected by the pandemic. … [read more]
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March 4th, 2021
Many BC residents between the ages of 25 and 35 were fortunate to keep their jobs and grow their savings through the pandemic. Now, helped along by historically low interest … [read more]
Comments Off on Low Interest Rates & Growing Savings Help Homebuyers Jump Into BC’s Housing Market
March 3rd, 2021
Concerns have mounted over Canada’s hot-to-the-touch housing market in the last few months, with commentators fretting that a prolonged period of low mortgage rates and skyrocketing prices could lead to … [read more]
Comments Off on Monitoring The Red-Hot Overheating Housing Markets
March 3rd, 2021
SURREY, BC – For the sixth consecutive month, Fraser Valley’s real estate market experienced property sales at levels never seen before in the 100-year history of the Fraser Valley Real … [read more]
Comments Off on FVREB Another Month • Another Record for Property Sales
March 2nd, 2021
A Canadian home price tracker known to be one of the most reliable measures of appreciation just recorded its highest annual increase since October 2017. The Teranet-National Bank Home Price … [read more]
Comments Off on HPI Rose 9.6% Y/Y, Led by Double-Digit Price Increases in Many Housing Markets
March 2nd, 2021
Competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver’s* housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in … [read more]
Comments Off on REBGV Homebuyer Competition is Causing Multiple Offer Situations & Upward Pressure on Prices
March 1st, 2021
Activity in Canada’s downtown condo submarkets was lackadaisical in 2020, but, if January was any indication, that’s likely not to be the case for the remainder of this year. “Canada’s … [read more]
Comments Off on Condo Markets Red-Hot Activity to Start 2021
March 1st, 2021
Mid-February sales data shows that Greater Vancouver homes continue to sell at a blistering pace, in some markets already surpassing sales in the entire month of January. In the first … [read more]
Comments Off on Vancouver Home Sales Point to A Resurgence in Condo Demand
February 26th, 2021
There are a total of 7 condos & 2 townhouses for sale as of February 26th, 2021 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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February 26th, 2021
There are a total of 8 condos for sale as of February 26th, 2021 in Metortown Chancellor by Polygon Home, 4880 Bennett St in Burnaby South area. The smallest condo … [read more]
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February 26th, 2021
There are a total of 6 condos for sale as of February 26th, 2021 in The MET & MET2 by Concord Pacific, 6538 & 6588 Nelson Ave in Burnaby Metrotown … [read more]
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February 26th, 2021
There are a total of 6 houses for sale as of February 26, 2021 in New Horizons & Hockaday Coquitlam. There are 4 new listings for houses for sale in … [read more]
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February 26th, 2021
There are a total of 24 houses for sale as of February 26, 2021 in Westwood Plateau Coquitlam. There are 12 new listings for houses for sale in Westwood Plateau … [read more]
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February 25th, 2021
There are a total of 192 condos for sale as of February 25, 2021 in Burnaby Metrotown area. There are 71 new listings for condos for sale in Burnaby Metrotown … [read more]
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February 25th, 2021
There are a total of 3 condos and 0 townhouse for sale as of February 25th, 2021 in The Legacy by Bosa, 2225 Holdom Ave & 5611 Goring St in … [read more]
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February 25th, 2021
There are a total of 204 houses for sale as of February 25, 2021 in Coquitlam. There are 104 new listings for houses for sale in Coquitlam for the period … [read more]
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February 25th, 2021
There are a total of 69 houses for sale as of February 25, 2021 in North Burnaby. There are 35 new listings for houses for sale in North Burnaby for … [read more]
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Comments Off on BCREA Continues to Drive A Blistering Pace of Home Sales in Metro Vancouver