January 4th, 2021
Although 2020 will soon be in the rear-view mirror, the changes it ushered in will remain into 2021 and beyond, according to a forecast from RBC Economics. The COVID-19 pandemic … [read more]
January 4th, 2021
Glad that’s finally over. 2020 is a year that will be talked about for decades—and not just because the Stanley Cup was awarded at the end of September. The coronavirus … [read more]
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January 4th, 2021
Housing market activity remained at historically high levels across Canada, based on new data from the Canadian Real Estate Association (CREA). Home sales grew 32% year-over-year, and home prices rose … [read more]
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December 30th, 2020
Home sales in Greater Vancouver proved resilient in November, surging 23% compared with the same month a year ago, according to the BC Real Estate Association (BCREA). Data released Monday … [read more]
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December 29th, 2020
New townhomes recorded robust sales numbers in several markets across Canada this year, as consumers looked for affordable lower density options amid the pandemic. Real estate data firm Altus Group … [read more]
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December 28th, 2020
November brought more of the same high-flying activity levels we’ve been seeing since the early summer to the Vancouver region’s housing market. Home prices again posted double-digit annual increases while … [read more]
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December 23rd, 2020
With a steady stream of positive developments announced in the last month, it’s beginning to look like widespread deployment of one or multiple COVID-19 vaccines will pave the way back … [read more]
Comments Off on COVID-19 Vaccines will Pave The Way to Normalcy for Canada’s Housing Market
December 23rd, 2020
The Canadian real estate market will be driven by so-called “move-up” and “move-over” buyers in 2021, and with persistent supply shortages, prices will increase 4-6%, according to a forecast from … [read more]
Comments Off on Housing Market Activity is Estimated to Remain Steady in 2021
December 22nd, 2020
Canada’s largest bank doubled down their real estate forecast this week. Royal Bank of Canada (RBC) held its quarterly earnings call, and the bank shared how they are prepared for … [read more]
Comments Off on RBC Puts A “Greater Weight” on Canadian Home Prices Declines
December 21st, 2020
Although housing markets in Canada’s major markets look healthy, this year’s turbulence will likely result in fewer housing starts in 2021, says a new report from Altus Group. In Q3-2020, … [read more]
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December 21st, 2020
Against a tumultuous backdrop, the Canadian housing market put on a remarkable display of resilience in 2020. Now, as we enter the final stretch of this bizarre and challenging year, … [read more]
Comments Off on Listings Shortage will Push Home Prices Higher in 2021
December 21st, 2020
In November the Teranet–National Bank National Composite House Price IndexTM was up 0.9% from the previous month, the strongest gain for a month of November in the 22 years of … [read more]
Comments Off on House Prices Remain Resilient, HPI Surged 6.3% Since July 2020
December 18th, 2020
Comments Off on REBGV Burnaby Metrotown Area Condo/Apartment Resale Average Price/Per Sqft November 2020
December 18th, 2020
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December 18th, 2020
Comments Off on Coquitlam New Horizons & Hockaday Area Detached-Home Resale Average Price/Per Sqft November 2020
December 18th, 2020
Comments Off on REBGV Coquitlam Westwood Plateau Area Detached-Home Resale Average Price/Per Sqft November 2020
December 17th, 2020
Comments Off on REBGV Burnaby Brentwood Area Condo/Apartment Resale Average Price/Per Sqft November 2020
December 17th, 2020
Comments Off on REBGV Condo/Apartment Resale Average Price/Per Sqft November 2020
December 17th, 2020
Comments Off on REBGV Townhouse Resale Average Price/Per Sqft November 2020
December 17th, 2020
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December 16th, 2020
Vancouver region home sales rose past the 3,000-transaction mark last month as buyer demand showed no sign of slowing even after months of record or near-record-breaking activity in the market. … [read more]
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December 15th, 2020
Urban condo markets in the Toronto and Vancouver region have seen their fortunes reversed most dramatically during the pandemic thus far. While single-family home sales and prices have recovered and … [read more]
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Comments Off on A New Epoch of Decentralization will Remain into 2021 & Beyond