July 29th, 2020
Yesterday, Statistics Canada released its New Housing Price Index for June of 2020. The highly awaited release noted both a slight increase in new home prices nationwide and a potential … [read more]
July 28th, 2020
The Canadian mortgage market will likely become a significantly different space – especially in terms of defaults – once the COVID-19 pandemic passes, according to the Bank of Canada. Mikael … [read more]
Comments Off on The Duration of COVID-19 Recovery in Housing & Mortgage Segments
July 27th, 2020
Canada’s widely-watched Teranet-National Bank House Price Index rose 0.7 percent in June over the previous month, an increase that National Bank economist Marc Pinsonneault called the “lowest June advance in … [read more]
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July 24th, 2020
The Vancouver housing market is on track for another strong performance in July as it continues to quickly shake off the effects of the COVID-19 pandemic that caused home sales … [read more]
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July 23rd, 2020
A surprisingly strong showing from the Canadian housing market in June is leading economists to swiftly revise their forecasts as homebuyers returned to the market in larger than anticipated numbers. … [read more]
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July 23rd, 2020
What happened : House prices across the country rose more slowly in June while repeat home sales plummeted, according to the latest Teranet-National Bank National Composite House Price Index. Why … [read more]
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July 22nd, 2020
In June the Teranet–National Bank National Composite House Price IndexTM was up 0.7% from the month before, a rise half the average for June over the previous 10 years and … [read more]
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July 21st, 2020
Having endured severe losses in previous months as a result of the COVID-19 pandemic, British Columbia’s housing market turned a corner in June. The British Columbia Real Estate Association (BCREA) … [read more]
Comments Off on BC Home Sales Return to Pre-Pandemic Levels
July 20th, 2020
Canada’s housing market came roaring back in June, with country-wide home sales tracked by the Canadian Real Estate Association (CREA) returning to normal levels for the month. Toronto, Montreal and … [read more]
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July 19th, 2020
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July 19th, 2020
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July 19th, 2020
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July 19th, 2020
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July 18th, 2020
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July 18th, 2020
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July 18th, 2020
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July 18th, 2020
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July 17th, 2020
Vancouver, BC – July 14, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 8,166 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
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July 16th, 2020
Industry experts in the commercial and residential real estate sectors say they believe both markets have already bottomed-out and that they’re now on the mend, and likely to grow over … [read more]
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July 16th, 2020
What happened : BC home sales for the month of June rose 17% year-over-year, according to a new report from the British Columbia Real Estate Association (BCREA). Why it matters … [read more]
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July 15th, 2020
The value of residential land in the Lower Mainland is increasing much faster than the price of the strata homes the land is being bought for, recent sales suggest. The … [read more]
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July 15th, 2020
The BC housing market responded enthusiastically to the province’s improving COVID-19 situation in June, with home sales in the Vancouver region bouncing back after two and a half precarious months … [read more]
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