May 27th, 2020
Canada’s real estate market slowed down considerably since COVID-19 measures were introduced across the country in March. With public health and safety top of mind, a number of real estate … [read more]
May 26th, 2020
There were 3,284 properties sold in BC last month, down 50.8 percent from April 2019, during a time when the market is typically moving full steam ahead. The steep drop … [read more]
Comments Off on The Home Sellers & Buyers are Adapting to A New Normal & Activity Should Pick-Up as BC Re-Opens
May 26th, 2020
In April the Teranet–National Bank National Composite House Price IndexTM was up 1.3% from the previous month. As in February and March, that was double the average gain of the … [read more]
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May 25th, 2020
Canada’s national housing agency wants to remind people there’s a limit to what they can do. Evan Siddall, CEO of the Canada Mortgage and Housing Corporation (CMHC) updated Canada’s standing … [read more]
Comments Off on The CMHC is On An Epic Journey to Support The Housing Market
May 25th, 2020
While there were a few bright spots in April’s housing market data, it was mostly as grim as expected with local markets across the country freezing up while business shutdowns … [read more]
Comments Off on Canadian Home Sales Post 57% Decline, National Home Prices Held Steady
May 24th, 2020
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May 24th, 2020
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May 24th, 2020
Comments Off on Coquitlam New Horizons & Hockaday Area Detached-Home Resale Average Price/Per Sqft April 2020
May 24th, 2020
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May 23rd, 2020
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May 23rd, 2020
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May 23rd, 2020
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May 23rd, 2020
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May 22nd, 2020
A total of 3,284 homes were sold in April, according to new data from the British Columbia Real Estate Association (BCREA). This is a drop of 50.8% compared with April … [read more]
Comments Off on Pandemic Pushes BC Home Sales Down (-50.8%) But Prices Still Up (+7.8%) Y/Y
May 21st, 2020
After a good showing in April, the team at BMO Economics is confident that home construction across Canada won’t see a major disruption due to the COVID-19 pandemic. A report … [read more]
Comments Off on New Home Construction Across Canada Won’t See A Major Disruption Due to The Pandemic
May 21st, 2020
Housing sales, prices and starts across Canada will plunge this year and stay muted for at least a year, with the country’s western provinces taking the worst hit, according to … [read more]
Comments Off on Metro Vancouver Home Sales Forecasting a Rebound by June, Stronger Activity to Resume Once Social-Distancing Orders are Relaxed
May 20th, 2020
Homebuyers, real estate investors and industry commentators alike are grappling with the many ways the COVID-19 pandemic will impact Canada’s housing market and the path ahead as economic activity across … [read more]
Comments Off on Listings are Sharply Declining Alongside Home Sales will Keep Prices Stable
May 19th, 2020
Despite pandemic pressures, demand for multi-family assets continues to persist in Ontario and British Columbia, according to Canada Mortgage and Housing Corporation. CMHC said that this helped compensate for the … [read more]
Comments Off on CMHC BC Seeing Steady Multi-Family Demand Amid COVID-19
May 19th, 2020
In a month full of grim real estate market data, home construction figures for April released late last week provided an encouraging boost while defying a bleaker consensus projection that … [read more]
Comments Off on Home Construction Delivers Strong 11% Increase
May 15th, 2020
Canada’s home prices are still likely to see a 5%-10% annual gain by year-end, according to Altus Group chief economist Peter Norman. In an interview with The Financial Post, Norman … [read more]
Comments Off on Average Home Prices Might Climb Defying COVID-19 Pressures
May 14th, 2020
Housing sales, prices and starts across Canada will plunge this year and stay muted for at least a year, with Western provinces taking the worst hit, according to Moody’s Analytics. … [read more]
Comments Off on National Housing Stronger Activity to Resume in June
May 13th, 2020
Business shutdowns, social distancing and economic upheaval converged in April to hit the Vancouver region with a nearly 40 percent drop in home sales. There were 1,109 homes sold in … [read more]
Comments Off on Vancouver Home Prices Remain “Steady”
Comments Off on Real Estate & COVID-19 : How Home Prices Across Canada Have Changed in 2 Months