September 24th, 2020
A widely watched home price index tracking the Canadian housing market is firming up after posting weak results through June and July. The Teranet-National Bank Home Price Index recorded a … [read more]
September 23rd, 2020
Sales have rebounded and then some in housing markets across Canada this summer, defying even the best case recovery scenarios laid out by commentators in the earlier days of the … [read more]
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September 23rd, 2020
As of September 15th, there have been 1,755 homes sold in the Vancouver region, up 73 percent from the same period in 2019 and 145 percent from 2018. The result … [read more]
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September 22nd, 2020
The pandemic has dealt a historic blow to Canada’s immigration system. Data published by the Association for Canadian Studies in August found that just 34,260 permanent residents were admitted to … [read more]
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September 22nd, 2020
The Composite index of resale home prices continued to rise in August. Indeed, 10 of the 11 markets were showing an increase in the month with the exception being a … [read more]
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September 21st, 2020
Well, after adjusting for seasonality, August 2020 was yet another all-time record for Canadian home sales! Together with July’s record, this summer has seen more homes trade hands via Canadian … [read more]
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September 21st, 2020
In August the Teranet–National Bank National Composite House Price IndexTM was up 0.6% from the previous month, a gain just short of the 22-year average of 0.7% for the month … [read more]
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September 18th, 2020
Comments Off on REBGV Burnaby Metrotown Area Condo/Apartment Resale Average Price/Per Sqft August 2020
September 18th, 2020
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September 18th, 2020
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September 18th, 2020
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September 17th, 2020
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September 17th, 2020
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September 17th, 2020
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September 17th, 2020
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September 16th, 2020
Vancouver, BC – September 14, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 10,172 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
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September 15th, 2020
Home prices in the Vancouver region rose 5.3 percent in August, as home buyers continued to satisfy demand held over from the quiet spring season. Today the Real Estate Board … [read more]
Comments Off on REBGV Pent-Up Demand Drives Sales Higher, Home Prices Rise 5% in August
September 14th, 2020
SURREY, BC – The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) saw the second highest number of property sales and the highest number of new listings in August … [read more]
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September 9th, 2020
With the coronavirus keeping people indoors and putting them out of work, some Canadians have been patiently waiting for prices to tumble before buying a home. As it turns out, … [read more]
Comments Off on It May Take More Than A Pandemic to Crash The Canadian Housing Market
September 9th, 2020
Vancouver, BC – Septemeber 9, 2020. The British Columbia Real Estate Association’s (BCREA) latest Market Intelligence report, The Unusual World of Pandemic Economics, points to uneven job losses across sectors, … [read more]
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September 9th, 2020
The number of homes sold across Metro Vancouver increased 36.6% year-over-year in August, according to new numbers from the Real Estate Board of Greater Vancouver (REBGV). A total of 3,047 … [read more]
Comments Off on REBGV Home Sales Continued to Rebound Throughout The Summer
September 8th, 2020
The BCREA Commercial Leading Indicator (CLI) continued to fall in the second quarter of 2020 from 127.6 to 121.9, representing the fourth consecutive quarterly decline. It was the second largest … [read more]
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