November 22nd, 2019
Canadian housing markets remained busy in October, with sales holding steady on a month-on-month basis, according to the latest figures from the Canadian Real Estate Association (CREA). On an annual … [read more]
November 21st, 2019
BC’s housing market got another shot in the arm last month, as total home sales rose nearly 20 percent. Following a dismal start to the year, the province’s housing market … [read more]
Comments Off on Metro Vancouver Housing Markets Have Been Showing Signs of Springing Back to “Normal” Levels
November 20th, 2019
Canadian home sales stayed put in October, preserving the gains made through the spring and summer seasons and keeping the sales total comfortably above the 10-year average for the month. … [read more]
Comments Off on Canadian Home Sales Have Become A “Growth Driver” for The Economy Again
November 20th, 2019
In October the Teranet–National Bank National Composite House Price IndexTM began the fourth quarter with a dip of 0.1% from the month before. The final quarter of the year is … [read more]
Comments Off on The 12-Month HPI Change Was Braked by The 3 Largest Western Markets – Vancouver, Edmonton & Calgary
November 19th, 2019
OTTAWA – The Canadian Real Estate Association says the number of home sales was up 12.9% nationally in October compared with the same month last year. It says sales activity … [read more]
Comments Off on Vancouver’s Composite Index Price Down to $994,900
November 19th, 2019
A concept to ensure affordable housing along the new SkyTrain rapid transit extension in suburban Surrey has run into a major hurdle : spiralling residential land prices along the route. … [read more]
Comments Off on The Price of Land Along The Surrey SkyTrain Extension Corridors is Rising as Speculators Bid Up Prices
November 18th, 2019
Kelowna is the 53rd most populous city in Canada but the Kelowna airport is the 10th busiest airport in the country, a telling statistic for a city that Western Investor … [read more]
Comments Off on Top 5 Western Cities to Invest in 2020
November 18th, 2019
What happened : Greater Vancouver home sales grew 45% year-over-year last month, pushing overall BC home sales, prices and sales volumes higher. Why it matters : According to the British … [read more]
Comments Off on What Happened & Why It Matters – When Greater Vancouver Home Sales Leap 45% in October
November 15th, 2019
When a series of tax and mortgage rules was introduced in Canada in 2016 to prevent a housing market bubble, activity slowed down significantly in the years that followed. Given … [read more]
Comments Off on Canadian Real Estate Point to A Healthy Future
November 14th, 2019
It was a long winter and bumpy spring, but the Vancouver housing market slogged through the frosty conditions and emerged in the summer looking primed for a surge. The resale … [read more]
Comments Off on Metro Vancouver Homebuyers Have More Confidence with Recent Uptick in Home Sales
November 14th, 2019
After what is expected to be a weak 2019 overall, with sales down 1.8% from 2018, residential resale transactions in BC are predicted to recover significantly in 2020, according to … [read more]
Comments Off on BCREA Predicted Residential Sales to Recover Significantly in 2020
November 13th, 2019
Vancouver, BC – November 13, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 7,666 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA Most Markets Around The Province are Returning to A Typical Level of Sales Activity
November 12th, 2019
Overvalued, overbuilt, overheated — all of these terms have been used to describe the potential danger that the Canadian housing market has found itself in at various points over the … [read more]
Comments Off on Canadian Housing is on A Healthy Streak from Overvalued, Overbuilt & Overheated
November 11th, 2019
Vancouver, BC – November 6, 2019. The British Columbia Real Estate Association (BCREA) released its 2019 Fourth Quarter Housing Forecast today. Multiple Listing Service® (MLS®) residential sales in the province … [read more]
Comments Off on BCREA Forecast Homes Sales Carry Momentum into 2020
November 8th, 2019
The floodgates have officially opened for Canadian housing market forecasts for the next year. We’ve already heard that interest rates will likely sink lower in 2020 as the housing market … [read more]
Comments Off on Canadian Housing Market Trends to Look Out For in 2020
November 7th, 2019
Earlier this month, one of Canada’s foremost authorities on housing released its market outlook for 2020-2021. Home sales and prices are expected to regain upward momentum after a couple of … [read more]
Comments Off on Top Risks to Canadian Housing in 2020
November 6th, 2019
Metro Vancouver’s residential real estate recovery continued apace in October, with home sales soaring 45.4% higher than the same month last year. The Real Estate Board of Greater Vancouver (REBGV) … [read more]
Comments Off on October’s Rush of Homebuyer Activity is Back Towards Favouring Homesellers
November 5th, 2019
SURREY, BC – The demand for Fraser Valley real estate is the strongest it’s been since the spring of 2018. The Fraser Valley Real Estate Board processed 1,592 sales of … [read more]
Comments Off on FVREB Housing Market Recovery Continues
November 4th, 2019
The Metro Vancouver housing market is experiencing a fall pickup in home sale activity. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region … [read more]
Comments Off on REBGV Home Buyer Activity Increases 45.4% Y/Y
November 2nd, 2019
Would-be investors in Canadian commercial real estate should begin considering markets beyond the usual hotspots of Toronto, Montreal, and Vancouver, if recent trends south of the border are any indication. … [read more]
Comments Off on Canadian Commercial Office Market has Seen The Positive Absorption
November 1st, 2019
Home sales activity and average sale prices in Metro Vancouver are likely to increase over the next two years, according to a new forecast by Canada Mortgage and Housing Corp. … [read more]
Comments Off on Metro Vancouver Home Sales Activity & Average Prices to Increase Over The Next 2 Years
October 31st, 2019
Mission Record Avison Young reports that the Fraser Valley has become the Lower Mainland’s “most active industrial market,” with 105 sales worth $185 million in the first half of 2019. … [read more]
Comments Off on Fraser Valley Has Become The Lower Mainland’s Most Active Industrial Market
Comments Off on CREA Housing Markets Remained Busy with Home Sales & Price Trends Holding Steady