April 22nd, 2021
Canada’s housing boom is now spread so widely across the country that 41 markets — from Halifax in the east to Abbotsford, BC in the west — recorded double-digit annual … [read more]
April 21st, 2021
A major uptick in home construction paired with gradual, long-term demographic change will have a cooling effect on Canadian home prices in the coming years. Barring a significant spike in … [read more]
Comments Off on Homebuilding Surge & Aging Population will Have A Cooling Effect for A More Balanced Housing Market
April 20th, 2021
In a fiercely competitive housing market where prices continue to skyrocket, many Canadian buyers increasingly believe that their dreams of home ownership are unattainable. A Spring Housing Poll published today … [read more]
Comments Off on Home Ownership are Unattainable for Many Homebuyers as Home Prices Continue to Climb in Pandemic Environment
April 19th, 2021
A Canadian official in charge of housing policy confirmed the current market is not an accident. Instead, it’s a conscious decision where the government picked the winners and losers. TVO … [read more]
Comments Off on Canadian Housing Bubble Good for Foreign Investors, Not Great for Locals
April 16th, 2021
Comments Off on Burnaby Metrotown Condo/Apartment Resale Average Price/Per Sqft March 2021
April 16th, 2021
Comments Off on Coquitlam New Horizons Condo/Apartment Resale Average Price/Per Sqft March 2021
April 16th, 2021
Comments Off on Coquitlam New Horizons & Hockaday Area Detached-Home Resale Average Price/Per Sqft March 2021
April 16th, 2021
Comments Off on Coquitlam Westwood Plateau Detached-Home Resale Average Price/Per Sqft March 2021
April 15th, 2021
Comments Off on Burnaby Brentwood Area Condo/Apartment Resale Average Price/Per Sqft March 2021
April 15th, 2021
Comments Off on REBGV Condo/Apartment Resale Average Price/Per Sqft March 2021
April 15th, 2021
Comments Off on REBGV Townhouse Resale Average Price/Per Sqft March 2021
April 15th, 2021
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft March 2021
April 14th, 2021
The current furious pace of homebuyer activity, along with rapidly accelerating price increases seen since mid-2020, are unlikely to last into 2022. While the Canadian housing market’s strength was a … [read more]
Comments Off on Housing Market Set for A “Significant Cooldown” Over The Next 2-3 Quarters
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]
Comments Off on Foreign Buying Activity Slows Dramatically, But will That Slowdown Continue?
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]
Comments Off on Vancouver Luxury Market are Expected to Keep Rising Through 2021
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)
Comments Off on Housing Markets Across Canada Recorded Double-Digit Price Gains