October 22nd, 2020
“A rising tide lifts all boats” may still be an apt description of Canada’s housing market, but right now suburban detached homes are looking like cruise ships while urban condos … [read more]
October 21st, 2020
A 2.4-acre vacant industrial site in Port Coquitlam didn’t last long on the market this September when it was listed by Cushman & Wakefield at $9.9 million. “Our purchaser actually … [read more]
Comments Off on Metro Vancouver Industrial Selling Way Above Assessed Value as Deals Top $100 Million A Month
October 20th, 2020
The renewed vigour seen in Vancouver home sales over the past few months is so concentrated in the single-family homes segment, it appears to be dissuading some condo developers from … [read more]
Comments Off on Vancouver New Condo Launches Down 23% in 2020
October 19th, 2020
The average price of a BC home rose to $794,344 in August, up 2.1 percent over July, marking a new record high for the province’s housing market. The rise in … [read more]
Comments Off on BC Home Prices Reached New Record High, Reflecting The Speed & Scale of The Summer Recovery
October 16th, 2020
Comments Off on REBGV Burnaby Metrotown Area Condo/Apartment Resale Average Price/Per Sqft September 2020
October 16th, 2020
"https://statscentre.rebgv.org/infoserv/s-v1/AEzM-ARB?w=640&h=480">
Comments Off on REBGV Coquitlam New Horizons Area Condo/Apartment Resale Average Price/Per Sqft September 2020
October 16th, 2020
Comments Off on Coquitlam New Horizons & Hockaday Area Detached-Home Resale Average Price/Per Sqft September 2020
October 16th, 2020
Comments Off on REBGV Coquitlam Westwood Plateau Area Detached-Home Resale Average Price/Per Sqft September 2020
October 15th, 2020
Comments Off on REBGV Burnaby Brentwood Area Condo/Apartment Resale Average Price/Per Sqft September 2020
October 15th, 2020
Comments Off on REBGV Condo/Apartment Resale Average Price/Per Sqft September 2020
October 15th, 2020
Comments Off on REBGV Townhouse Resale Average Price/Per Sqft September 2020
October 15th, 2020
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft September 2020
October 14th, 2020
As the COVID 19 pandemic intensified in the second quarter of 2020 (Q2), the Lower Mainland’s commercial real estate market experienced fewer sales while dollar values fluctuated depending on property … [read more]
Comments Off on REBGV Commercial Real Estate Sale Decline in 2Q
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]
Comments Off on BCREA Housing Markets Had A Record-Setting Both Home Sales & Average Prices
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]
Comments Off on Canadian Home Prices Forecast to Fall 7% in 2021
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]
Comments Off on CMHC 3rd Quarter Housing Market Assessment
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]
Comments Off on REBGV Residential Sales & New Listings Surge in Region
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]
Comments Off on Burnaby Metrotown Chancellor Condos for Sale Updates as of October 3, 2020
Comments Off on Condo & Detached Home Price Trends & Outlook