REBGV Burnaby Brentwood Are Condo/Apartment Resale Average Price/Per Sqft December 2020
January 21st, 2021
January 21st, 2021
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
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft December 2020
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]
Comments Off on Detached Home Sales Surged 71% in Vancouver
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]
Comments Off on A Record Month Closes Out An Unprecedented Year • Characterized by A Remarkable Recovery
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]
Comments Off on Vancouver Home Prices to Rise 9% in 2021
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]
Comments Off on Greater Vancouver Housing will Become Even Pricier in 2021
January 6th, 2021
While home buying activity in the Vancouver region is slowing down ahead of the holidays, it’s still on track to exceed home sales totals recorded in December 2019 and 2018. … [read more]
Comments Off on Vancouver Home Sales Stay Hot, Bidding Wars Continue
January 6th, 2021
SURREY, BC – In a year when the real estate market was at a standstill for months due to COVID-19, total annual sales in the Fraser Valley still finished 12.4% … [read more]
Comments Off on FVREB Housing Market is Favouring Sellers with Record-Breaking Activity
January 5th, 2021
A Canadian home price tracker known to be one of the best measures of price appreciation just experienced a record-breaking November increase. The Teranet-National Bank House Price Index rose 0.9 … [read more]
Comments Off on A Record-Breaking Home Prices Meaning The Market is Under-Supplied & Homesellers are Calling The Shots
January 5th, 2021
While home sales across the country declined slightly in November from the previous month, they were up a healthy 32 percent over the same time last year. In other words, … [read more]
Comments Off on Canadian Housing Markets Continue to Historically Strong Levels of Activity
January 5th, 2021
Strong December activity brought Metro Vancouver’s* 2020 home sales total in line with the region’s long-term annual average. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home … [read more]
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