August 15th, 2019
The shift comes as the CMHC has also dropped its red flag on real estate price acceleration in the Vancouver market, taking it from a “moderate” rating in May to … [read more]
August 14th, 2019
Canada’s largest bank is calling out the record amount of real estate development. RBC Economics released their July Canadian Housing Health Check. Economists from the bank only see two major … [read more]
Comments Off on Real Estate Affordability & Lots of Building Remain The Top Concerns for Markets
August 13th, 2019
The Canadian housing market has received a checkup from one of Canada’s biggest banks, and the prognosis was good — for the most part. RBC runs a Canadian Housing Health … [read more]
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August 13th, 2019
Vancouver, BC – August 13, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 7,930 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
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August 12th, 2019
Policymakers in Canada have tried repeatedly in recent years to tame the country’s housing market, and with national home prices and sales subdued, the effort seems to be paying off. … [read more]
Comments Off on Canada’s Housing Market Still a Bubble Risk Despite Stricter Policies
August 10th, 2019
Across North America, an office development boom is underway, with 146,500,000 square feet of space under construction right now, according to a recent report by Colliers International. Of this under-construction … [read more]
Comments Off on Why So Much More Activity in Canadian Office Development Than in The US?
August 9th, 2019
While new housing supply hit a double-digit increase, prices and demand saw little change. Housing Starts The annual pace of new home builds soared by 24.8% in June, offsetting the … [read more]
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August 9th, 2019
The benchmark price of a Vancouver home slipped further into sub-$1 million territory this July. According to the Real Estate Board of Greater Vancouver (REBGV), the benchmark price of a … [read more]
Comments Off on Vancouver Home Prices Remain Below $1 Million for 2nd Straight Month
August 8th, 2019
As the Vancouver housing market suffers from falling prices and sluggish sales, developers are increasingly turning to the rentals. “Given the uncertainty in the Canadian housing market, inflated home prices, … [read more]
Comments Off on Deep Freeze Set In for New Home Developers
August 8th, 2019
SURREY, BC – A noticeable lift in home sales and slight decrease in new listings bolstered the Fraser Valley housing market in July. The Fraser Valley Real Estate Board processed … [read more]
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August 7th, 2019
According to a report from Central 1 Credit Union, Ontario’s housing market is forecasted to grow through 2021, and that includes the need for investor-driven condos in downtown Toronto. “In … [read more]
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August 6th, 2019
Despite recent reports of BC recreational property sales slowing down, a new Re/Max study released July 23 has found prices of the province’s vacation homes are still rising. The median … [read more]
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August 5th, 2019
Greater Vancouver’s housing market may finally be bottoming out. Bryan Yu, deputy chief economist of Central 1 Credit Union, tells Livabl that it looks like home sales activity across the … [read more]
Comments Off on 2 Factors That Help Vancouver Housing Market Scraping the Bottom of the Cycle
August 4th, 2019
What is it like to be a home buyer in one of Canada’s major housing markets? According to the latest numbers released by the national real estate body, current conditions … [read more]
Comments Off on The Top Buyers’ & Sellers’ Markets Across Canada
August 3rd, 2019
Vancouver home prices headed further south in June, but not all markets in BC are seeing prices tailspin. In fact, six of the 11 local markets that the British Columbia … [read more]
Comments Off on BCREA 6 of 11 Local Housing Markets Home Prices are Increasing
August 2nd, 2019
Home buyer demand picked up across Metro Vancouver last month, making July, a traditionally quieter month in real estate, the second highest selling month so far this year. The Real … [read more]
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August 2nd, 2019
Increases in Canadian home prices haven’t been this sluggish since Canada’s housing market was withering in the wake of the Great Recession. So suggests the Teranet-National Bank House Price Index, … [read more]
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August 1st, 2019
The trend of Lower Mainland developers delaying condo launches is going to continue for the rest of the year, suggests MLA Advisory. The research branch of real estate marketing firm … [read more]
Comments Off on What to Expect from Greater Vancouver’s New-Condo Market for The Rest of 2019?
July 31st, 2019
Residential property sales were little changed in June 2019 from the previous month, up just 0.2%, while the number of newly listed home rose by 0.8%, the latest agency figures … [read more]
Comments Off on Residential Property Sales Up Just 0.2%. The National Average Price Up 1.7% Y/Y
July 29th, 2019
Two-storey homes remain Vancouver’s most expensive residential asset class, with an aggregate price of over $1.5 million. The latest edition of the Royal LePage House Price Survey reported that even … [read more]
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July 29th, 2019
After a brief flurry of activity in May, home sales in BC in June saw a typical early summer decline, according to statistics released July 14 by the British Columbia … [read more]
Comments Off on Near 12% Y/Y Sales Decline in BC is Offset Nationally by Gains in Toronto & Montreal
July 28th, 2019
There are a total of 39 condos & 3 townhouses for sale as of July 28th, 2019 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
Comments Off on Coquitlam New Horizons The Windsor Gate Condos & Townhouses for Sale Updates as of July 28, 2019
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