In July the Teranet–National Bank National Composite House Price IndexTM was up 0.7% from the month before. As in the two previous months, the gain was not really a sign … [read more]
Mounting economic headwinds are contributing to slower prime property price growth in key cities around the world and leading policymakers in developed and emerging markets alike to cut interest rates. … [read more]
With home sales making a significant year-over-year jump in the Lower Mainland in July, residential transactions for the whole of BC followed suit, according to stats released August 13 by … [read more]
Analysts keep using the s-word to describe the Canadian housing market. No, not that word. Housing analysts are calling attention to the market’s stability. Case in point : the latest … [read more]
Taking a quick look at Greater Vancouver’s detached-home market last month, you might have the creeping sensation that the market is at risk of overheating (yet again). After all, as … [read more]
If you thought the unanticipated uplift in Lower Mainland home resales last month was an anomaly, consider this : the slumping presale sector also seemed to experience a transaction surge … [read more]
Lower Mainland homebuyers will have fewer brand new pre-sale condo units to choose from in August, a new monthly forecast suggests. MLA Advisory, the research branch of real estate marketing … [read more]
A Bloomberg study has found Canada to be one of the nations at greatest risk of a housing downturn, but Royal Bank of Canada CEO David McKay asserted that the … [read more]
Mortgage stress testing did more than just make it tougher for many Canadians to purchase a home — it also eroded their confidence in the housing market. But Canadians seem … [read more]
Metro Vancouver residential sales took an unexpected leap in July, making the month the second-strongest month for resale activity so far this year and defying the usual summer lull. There … [read more]
Metro Vancouver’s housing market has received a “moderate degree of vulnerability” rating, after three years of “high degree of vulnerability” ratings, from the Canada Mortgage and Housing Corp. (CMHC). CMHC’s … [read more]
A jump in annual sales and a decline in new supply put the squeeze on national real estate in July, pushing conditions to the brink of a sellers’ market. Transactions … [read more]
Abbotsford Strata Surge Six new projects planned for West Abbotsford will boost the amount of strata industrial space in the local market by nearly 80%, according to Frontline Real Estate … [read more]
For the past three years, Vancouver has been highly exposed to housing-related risks — not anymore. And three other large markets currently displaying high levels of vulnerability may be joining … [read more]
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