July 2nd, 2020
The number of new homes beginning construction in the Vancouver region is declining and expected to fall significantly in the near future. It will be a sharp descent from levels … [read more]
June 30th, 2020
On Tuesday, the Canadian Mortgage and Housing Corporation released its summer 2020 Housing Market Outlook, the most recent in a series of wild guesses the organization has made around the … [read more]
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June 29th, 2020
What happened : New forecast calls for significant declines in housing starts, gradual declines in prices Why it matters : Economic aftershocks of pandemic expected to hit Metro Vancouver for … [read more]
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June 28th, 2020
There are a total of 23 condos & 0 townhouse for sale as of June 28th, 2020 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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June 28th, 2020
There are a total of 6 condos for sale as of June 28th, 2020 in Metortown Chancellor by Polygon Home, 4880 Bennett St in Burnaby area. The smallest condo unit … [read more]
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June 28th, 2020
There are a total of 11 condos for sale as of June 28th, 2020 in The MET & MET2 by Concord Pacific, 6538 & 6588 Nelson Ave in Burnaby Metrotown … [read more]
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June 28th, 2020
There are a total of 13 houses for sale as of June 28, 2020 in New Horizons & Hockaday Coquitlam. There are 6 new listings for houses for sale in … [read more]
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June 28th, 2020
There are a total of 30 houses for sale as of June 28, 2020 in Westwood Plateau Coquitlam. There are 10 new listings for houses for sale in Westwood Plateau … [read more]
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June 27th, 2020
There are a total of 11 condos and 1 townhouse for sale as of June 27th, 2020 in The Legacy by Bosa, 2225 Holdom Ave & 5611 Goring St in … [read more]
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June 27th, 2020
There are a total of 159 condos for sale as of June 27, 2020 in Burnaby Metrotown area. There are 74 new listings for condos for sale in Burnaby Metrotown … [read more]
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June 27th, 2020
There are a total of 312 houses for sale as of June 27, 2020 in Coquitlam. There are 105 new listings for houses for sale in Coquitlam for the period … [read more]
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June 27th, 2020
There are a total of 107 houses for sale as of June 27, 2020 in North Burnaby. There are 44 new listings for houses for sale in North Burnaby for … [read more]
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June 26th, 2020
A consensus is emerging among Canadian economists and market commentators that home prices are heading for a decline even as businesses reopen across the country. The latest organization to join … [read more]
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June 25th, 2020
The Canadian Real Estate Association (CREA) monthly report for May released earlier this week revealed that national home sales dropped 40% year-over-year (y-o-y), and new listings declined at a similar … [read more]
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June 24th, 2020
Toronto, Vancouver and many other major markets across Canada began the year in seller’s market territory with high demand for housing and tight supply giving home sellers the upper hand … [read more]
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June 24th, 2020
Vancouver home sales rose in the first 15 days of June when compared to the same period in 2019. This is the first time sales have increased relative to 2019 … [read more]
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June 23rd, 2020
Housing affordability in Canada’s large urban centres improved in the first quarter of 2020. Although mortgage interest rates remained essentially unchanged from Q4 to 2019, an increase in income was … [read more]
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June 23rd, 2020
Pent-up demand for homes in top markets like Toronto, Vancouver, and Ottawa might compensate for lower purchasing power amid mounting job losses, RE/MAX said in a new study. “Exceptionally low … [read more]
Comments Off on Optimistic Housing Market Could Be Restored Much Sooner Than Initially Expected
June 23rd, 2020
Home sales have recovered significantly from the national market’s worst April reading in nearly 40 years, although the average sale price remained relatively steady, the Canadian Real Estate Association reported. … [read more]
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June 22nd, 2020
A wave of pent up housing demand hit markets across Canada in May in an encouraging sign that buyers are returning after mostly keeping to the sidelines through April. May … [read more]
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June 22nd, 2020
In May the Teranet–National Bank National Composite House Price IndexTM was up 1.1% from the previous month, a rise equal to the average for May over the last 10 years. … [read more]
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June 21st, 2020
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Comments Off on Vancouver New Home Construction Expects to Begin Recovery In-Line with Economic Growth