October 14th, 2020
Vancouver, BC – October 14, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 11,368 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
October 13th, 2020
Canada’s housing market mounted an impressive comeback after the springtime freeze, but a prolonged period of high unemployment and lower incomes will eventually sap the market’s current vigour. That’s the … [read more]
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October 12th, 2020
Last May, I wrote an opinion piece titled Time to buy? What the pandemic means for Vancouver’s real estate market where I explained that historically for every 1% rise in … [read more]
Comments Off on Rising Home Prices on The Connection Between Unemployment, Government Aid & Real Estate
October 7th, 2020
The strength exhibited in local markets across the country this summer has failed to convince the Canada Mortgage and Housing Corporation (CMHC) that a major decline in home prices is … [read more]
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October 6th, 2020
The Fraser Valley, including Chilliwack, posted impressive sales increases in August as total home sales across BC soared from the same month a year earlier. BC home sales rose nearly … [read more]
Comments Off on FVREB (56%) & Chilliwack (56%) Home Sales Were Up as Price Increases Hit Double-Digits
October 6th, 2020
Metro Vancouver home sales broke records last month, according to new data from the Real Estate Board of Greater Vancouver (REBGV). There were 3,047 residential home sales in the region … [read more]
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October 5th, 2020
The Canadian housing market has caught up to where it was at the same time last year as pent-up demand from the spring was unleashed in the summer months, leading … [read more]
Comments Off on Some Canadian Housing Market are Expected to Stay Hot While Others will Cool This Fall
October 5th, 2020
SURREY, BC – Consumer demand for real estate in the Fraser Valley remained robust for the fourth consecutive month, with overall sales and new listings reaching record-breaking numbers in September. … [read more]
Comments Off on FVREB Housing Market Activity Reaches Historic Levels
October 3rd, 2020
There are a total of 8 condos for sale as of September 30th, 2020 in Metortown Chancellor by Polygon Home, 4880 Bennett St in Burnaby South area. The smallest condo … [read more]
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October 3rd, 2020
There are a total of 16 condos for sale as of September 30th, 2020 in The MET & MET2 by Concord Pacific, 6538 & 6588 Nelson Ave in Burnaby Metrotown … [read more]
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October 2nd, 2020
There are a total of 34 condos & 1 townhouse for sale as of September 30th, 2020 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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October 2nd, 2020
There are a total of 11 houses for sale as of October 2, 2020 in New Horizons & Hockaday Coquitlam. There are 10 new listings for houses for sale in … [read more]
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October 2nd, 2020
Home sale and new listing activity reached record levels in Metro Vancouver in September. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region … [read more]
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October 1st, 2020
There are a total of 222 condos for sale as of October 1, 2020 in Burnaby Metrotown area. There are 101 new listings for condos for sale in Burnaby Metrotown … [read more]
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October 1st, 2020
There are a total of 9 condos and 2 townhouses for sale as of September 30th, 2020 in The Legacy by Bosa, 2225 Holdom Ave & 5611 Goring St in … [read more]
Comments Off on Burnaby Central The Legacy Condos & Townhouses for Sale Updates as of October 1, 2020
October 1st, 2020
There are a total of 308 houses for sale as of October 1, 2020 in Coquitlam. There are 133 new listings for houses for sale in Coquitlam for the period … [read more]
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October 1st, 2020
There are a total of 132 houses for sale as of October 1, 2020 in North Burnaby. There are 64 new listings for houses for sale in North Burnaby for … [read more]
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September 30th, 2020
Realtor.com said in its latest Weekly Recovery Report that the housing market is still outperforming historical standards, with average home prices rising to new highs and homes selling faster. Danielle … [read more]
Comments Off on A Shift in Housing Market Dynamics Leading into The Fall
September 30th, 2020
What happened : BC home sales rose nearly 43% in August, year-over-year, according to the British Columbia Real Estate Association. Why it matters: Seasonally adjusted sales have continued their sharp … [read more]
Comments Off on BCREA Strong Year-Over-Year Home Sales are Expected to Continue into Fall
September 29th, 2020
The commercial leading indicator (CLI) from the BC Real Estate Association (BCREA) plunged in the second quarter of 2020 to the second-lowest level since the financial crisis of 2009. The … [read more]
Comments Off on Commercial Real Estate Index Fell for The 4th Quarter in A Row
September 28th, 2020
Canadian housing starts, led by a blazing construction pace in Ontario, accelerated to the highest level seen in 13 years in August. On a national level, starts reached 262,400 annualized … [read more]
Comments Off on The Robust Pace of Homebuilding is Being Driven by Sales, Gains with Low Interest Rates Providing Support
September 25th, 2020
Even with pandemic-induced shutdowns throwing a wrench into homebuilders’ project launch plans this spring, sales for new construction homes in the Vancouver region were up five percent in the first … [read more]
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Comments Off on BCREA Housing Markets Had A Record-Setting Both Home Sales & Average Prices