REBGV Coquitlam Westwood Plateau Area Detached-Home Resale Average Price/Per Sqft February 2020
March 22nd, 2020
March 22nd, 2020
March 21st, 2020
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March 21st, 2020
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March 21st, 2020
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March 21st, 2020
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft February 2020
March 20th, 2020
Resale condo prices in Vancouver have been steadily declining to better align with weaker market conditions seen through 2019. In the new construction condo market? Not so much. This lack … [read more]
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March 20th, 2020
Where was Vancouver home sales activity heading in March before coronavirus-inspired fear and panic threw the market into uncertainty? The data was looking promising, according to Kevin Skipworth, Managing Partner … [read more]
Comments Off on A 59% Increase Y/Y in Home Sales Across The Greater Vancouver in 1st-Half of March
March 19th, 2020
Prices in the prime property segment are expected to grow further next year as buyers compete for a limited supply of homes, according to the latest market forecast by Royal … [read more]
Comments Off on Luxury Condo Buyers Face The Same Low-Inventory Scenario That Challenges The Overall Residential Market
March 18th, 2020
Home sales jumped 44.5 percent in Greater Vancouver in February as markets across the province returned to activity levels in line with long-term averages. It was tipped to be the … [read more]
Comments Off on How The Impact of Coronavirus Pandemic Would Manifest in Vancouver Housing Market?
March 17th, 2020
Unlike the stock market, COVID-19 hasn’t affected the Lower Mainland real estate market — at least, not in a negative way. A friend of mine just closed on an apartment … [read more]
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March 17th, 2020
Canada’s housing market continued to make a material impact on the nation’s economy, according to Statistics Canada. Over the last quarter of 2019, real estate, rental, and leasing segment reported … [read more]
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March 16th, 2020
So much of the research about housing affordability focuses on large urban cities while skirting past suburban and rural communities like ours in the Fraser Valley. But in the Fraser … [read more]
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March 16th, 2020
The BCREA Commercial Leading Indicator (CLI) fell for the second straight month to 134.3 in the fourth quarter of 2019. Compared to the same time last year, the index is … [read more]
Comments Off on Stable Environment for Commercial Real Estate Activity
March 13th, 2020
Vancouver, BC – March 12, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 5,741 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA Value of Home Sales Jumps 41% Y/Y
March 12th, 2020
It’s no secret that Vancouver’s real estate market has been start-and-stop for a few years now — federal stress tests and other government interventions have played a role in dampening … [read more]
Comments Off on Luxury Detached Homes in Greater Vancouver Still Struggling
March 11th, 2020
Canada could potentially break the record for commercial real estate investment this year, hitting the $50bn mark, according to the latest market outlook by CBRE. Paul Morassutti, vice chairman of … [read more]
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March 10th, 2020
The housing market maintains a “moderate degree” of overall vulnerability, according to the Canada Mortgage and Housing Corporation (CMHC)’s Housing Market Assessment. While the economy and population growth continue to … [read more]
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March 9th, 2020
Although Metro Vancouver’s MLS home sales and prices have been recovering from their recent downturn since last summer, it’s a different story when looking at the luxury sector in isolation, … [read more]
Comments Off on Greater Vancouver Has Healthy Demand for Prime Luxury Real Estate
March 7th, 2020
The latest BCREA Market Intelligence Report : Estimating the Impacts of the Speculation and Vacancy Tax estimates the Speculation and Vacancy tax reduced home sales in taxable regions in BC … [read more]
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March 6th, 2020
For the last five years, there has been an incessant whisper at the margins of the real estate industry that has kept the idea of crashing markets and popped real … [read more]
Comments Off on The Condo Industry Anxiety are Real
March 6th, 2020
February saw steady demand from home buyers in Metro Vancouver, while the inventory of listed properties “struggled to keep pace,” according to a March 3 report by the Real Estate … [read more]
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March 5th, 2020
The investment in residential construction increased last year, with a stronger focus on apartments and row homes, according to the latest figures from Statistics Canada (StatsCan). Over the year, the … [read more]
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