REBGV Condo/Apartment Resale Average Price/Per Sqft October 2020
November 19th, 2020
November 19th, 2020
November 19th, 2020
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November 19th, 2020
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November 18th, 2020
Activity in the Vancouver region’s housing market remained robust through October, with the benchmark home price rising six percent to $1,045,100 and sales up 29 percent over the previous year. … [read more]
Comments Off on Vancouver Home Prices Rose 6% Amid Tight Supply & Multiple Offers
November 18th, 2020
Canadian home sales broke another record in October, rising by more than 32 percent over the previous year and beating the past record for the month by over 14,000 transactions. … [read more]
Comments Off on Where The Housing Market is Heading in 2020’s Remaining Months?
November 17th, 2020
Even the most bullish housing observers would have had a tough time anticipating just how quickly Canada would bounce back from the pandemic shock that froze up market activity in … [read more]
Comments Off on Housing Market Has Fully Recovered from The Pandemic, What Comes Next?
November 16th, 2020
Declines in nationwide immigration flows and notable dips in local rental prices are among the top reasons Vancouver’s housing market is being upended amid the pandemic, according to a new … [read more]
Comments Off on RBC Economist Warms of Risks Facing Housing Market
November 16th, 2020
BC home sales rose nearly 43% in August, year-over-year, according to the British Columbia Real Estate Association (BCREA), but were up 55.9% in the Fraser Valley and soared 63% higher … [read more]
Comments Off on SkyTrain Extension, Home Prices & Job Gains Lure Homebuyers, Investors & Developers to Fraser Valley
November 16th, 2020
While home sales have increased in every price bracket since the COVID-19 pandemic began, they’re rising much more quickly at the upper end of the market. Indeed, sales of homes … [read more]
Comments Off on Luxury Home Sales Have Doubled in The Last 12 Months
November 12th, 2020
Vancouver, BC – November 12, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 11,051 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA Housing Market Sustained Its Blistering Pace of Activity
November 11th, 2020
The City of Vancouver now has the lowest tax rate for commercial property among major Canadian cities, but Vancouver has shifted the burden to residential real estate, creating the most … [read more]
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November 10th, 2020
It’s been a rollercoaster of a year for the BC housing market and the situation promises to keep both buyers and sellers on their toes for months to come. After … [read more]
Comments Off on BC Home Price Gains are Accelerating as Supply Remains Tight
November 10th, 2020
An important home price index that monitors Canada’s housing market surged in September, showing a strong rebound from weakness observed earlier in the summer. The Teranet-National Bank House Price Index … [read more]
Comments Off on HPI Showing A Strong Rebound in Home Prices
November 9th, 2020
In September the Teranet–National Bank National Composite House Price IndexTM was up 1.1% from the previous month, the second-biggest gain for a month of September in the 22 years of … [read more]
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November 6th, 2020
As of the middle of October, 1,741 homes have changed hands in the Vancouver region, up nearly 54 percent from the first half of the month last year. It’s a … [read more]
Comments Off on Vancouver Home Sales Up as Recovery Continues
November 6th, 2020
Vancouver, BC – November 4, 2020. The British Columbia Real Estate Association (BCREA) released its 2020 Fourth Quarter Housing Forecast today. Multiple Listing Service® (MLS®) residential sales in the province … [read more]
Comments Off on BCREA 4Q Housing Forecast – Economic Recovery & Low Rates Drive Housing Market in 2021
November 5th, 2020
It was another record-breaking month for the Canadian housing market. September sales rose 45.6 percent over the previous year with no obvious signs of slowing after several months of remarkable … [read more]
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November 5th, 2020
Even as concerns over the fast-growing second wave of COVID-19 continue to rise, one of Canada’s largest real estate franchisers is projecting that Canadian home prices will end the year … [read more]
Comments Off on Canadian Home Prices will End The Year Up 7% Y/Y Substantially
November 4th, 2020
What a difference a year makes. Last October, it was buyers who were calling the shots in the Vancouver region’s housing market as higher detached home inventory tipped the balance … [read more]
Comments Off on Vancouver Housing is in Seller’s Market Territory
November 4th, 2020
SURREY, BC – Ongoing demand for Fraser Valley real estate saw overall sales reach the highest point for the month of October in the Board’s history. This is the fourth … [read more]
Comments Off on FVREB are Seeing A Strong Seller’s Market for Townhomes & Single-Family Homes
November 3rd, 2020
Canadian homebuilding activity took a step down in September from peak levels seen through the summer. Housing starts across the country recorded an annualized rate of 209,000 units last month, … [read more]
Comments Off on Canadian Homebuilding Activity to Stay at Above Average Levels Through 2021
November 3rd, 2020
Home sales in major markets across the country delivered more impressive increases in September as activity continued to rebound from the lows seen in April and May. Market data published … [read more]
Comments Off on Single-Family Home Prices Kept Accelerating Across Canada
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