February 7th, 2020
Demand is beginning to outpace the supply of new homes coming on to the market in Metro Vancouver. Over the past few months, the ratio of the number of home … [read more]
February 6th, 2020
SURREY, BC – January’s property sales in the Fraser Valley came in 6% above the 10-year average for the month, while new listings finished 11% below historical norms. The Fraser … [read more]
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February 5th, 2020
Home sale and price activity remained steady in Metro Vancouver to start 2020 while home listing activity declined in January. The Real Estate Board of Greater Vancouver (REBGV) reports that … [read more]
Comments Off on REBGV Home Sale Activity Up, Supply Down to Start 2020
February 4th, 2020
Vote of Confidence Year-end housing data from Canada Mortgage and Housing Corp. (CMHC) earlier this month pointed to record housing starts of 28,141 units for Metro Vancouver in 2019. This … [read more]
Comments Off on Metro Vancouver Residential Land Sales Show Signs of Life in New Year
February 3rd, 2020
The Bank of Canada has started the new decade with more of the same, choosing to hold its trend-setting Overnight Lending Rate at 1.75% as it did throughout 2019. It … [read more]
Comments Off on 2020 Kick-Off with Steady Economic Growth & Rate Hold
February 2nd, 2020
There are a total of 11 condos & 1 townhouse for sale as of January 31st, 2020 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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February 2nd, 2020
There are a total of 8 condos for sale as of January 31st, 2020 in The MET & MET2 by Concord Pacific in Burnaby Metrotown area. The smallest condo unit … [read more]
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February 2nd, 2020
There are a total of 4 condos for sale as of January 31st, 2020 in Metortown Chancellor by Polygon Home in Burnaby area. The smallest condo unit is 812 sqft … [read more]
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February 2nd, 2020
There are a total of 7 houses for sale as of February 2, 2020 in New Horizons & Hockaday Coquitlam. There are 4 new listings for houses for sale in … [read more]
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February 2nd, 2020
There are a total of 32 houses for sale as of February 2, 2020 in Westwood Plateau Coquitlam. There are 12 new listings for houses for sale in Westwood Plateau … [read more]
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February 1st, 2020
There are a total of 138 condos for sale as of February 1, 2020 in Burnaby Metrotown area. There are 59 new listings for condos for sale in Burnaby Metrotown … [read more]
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February 1st, 2020
There are a total of 4 condos for sale as of January 31st, 2020 in The Legacy by Bosa in North Burnaby Central area. The smallest condo unit is 974 … [read more]
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February 1st, 2020
There are a total of 275 houses for sale as of February 1, 2020 in Coquitlam. There are 100 new listings for houses for sale in Coquitlam for the period … [read more]
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February 1st, 2020
There are a total of 96 houses for sale as of February 1, 2020 in North Burnaby. There are 43 new listings for houses for sale in North Burnaby for … [read more]
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January 31st, 2020
The Canadian housing market entered the new year showing “renewed dynamism” after gliding in for a soft landing following a long boom. But according to research firm Oxford Economics, the … [read more]
Comments Off on Low Interest Rates Fundamentals, Immigration & Job Growth will Keep Housing on Stable Footing
January 30th, 2020
On January 15, Sotheby’s International Realty Canada released its Top-Tier Report, an examination of real estate activity in the $1 million-plus price range in Canada in 2019. The report found … [read more]
Comments Off on The Upper Luxury of Properties Saw A Significant Uptick
January 29th, 2020
Vacancies Flat According to Simon Fraser University associate professor Josh Gordon, the biggest driver of rental vacancies in a given market is economic activity. “The low vacancy rate is a … [read more]
Comments Off on Metro Vancouver’s Apartment Building Sales Drop in Tight Rental Market
January 29th, 2020
Vancouver, BC – January 23, 2020. The British Columbia Real Estate Association (BCREA) released its 2020 First Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in the … [read more]
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January 28th, 2020
American building firms are set to construct the highest number of apartments in 2020 for more than 40 years, according to a new analysis from property management software firm RealPage. … [read more]
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January 28th, 2020
The housing market of Greater Vancouver is projected to witness a modest growth this year after a weak 2019, according to the latest forecast by Royal LePage. During the fourth … [read more]
Comments Off on The Greater Vancouver Housing Market Showed Signs of Improvement & is Projected A Modest Growth
January 27th, 2020
Earlier this month, Mississauga, Ontario-based real estate management company Morguard Corporation released its Economic Outlook and Market Fundamentals report. In its exploration of the trends driving Canada’s commercial, industrial, office, … [read more]
Comments Off on Multi-Family & Commercial Projected for Continued Strong Growth in 2020
January 27th, 2020
In December the Teranet–National Bank National Composite House Price IndexTM was up 0.2% from the previous month. This was a good showing for a month of December, equalled or bettered … [read more]
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Comments Off on Metro Vancouver Housing Demand is Beginning to Outpace The Supply