June 3rd, 2019
Home values across Metro Vancouver have taken quite a beating over the past 12 months, cutting much of the equity gained by homeowners during the peak market conditions just a … [read more]
June 3rd, 2019
A new report released today by Engel & Völkers has determined that the housing market in Metro Vancouver has transitioned into a buyer’s market — particularly for luxury housing. Based … [read more]
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May 31st, 2019
At long last the Canadian housing market appears to be shaking off the effects of the mortgage stress test. National home sales increased 4.2 percent in April on a year-over-year … [read more]
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May 31st, 2019
There has been only a meagre spring awakening when it comes to BC home sales this year, with April maintaining the trend for dampened activity. A total of 6,652 residential … [read more]
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May 30th, 2019
The Metro Vancouver’s housing market has corrected, some areas have been hit far harder than others. A new Zoocasa study of Metro Vancouver shows how 15 neighbourhoods are faring in … [read more]
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May 30th, 2019
For the third consecutive year, annual resale transactions in BC real estate will continue to decline, resulting in the fewest home sales since 2013, according to a new report released … [read more]
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May 29th, 2019
Heightened mortgage stress tests and provincial-enacted policies targeting foreign and speculative real estate continue to hammer Metro Vancouver’s housing market, with sales falling by the double-digit percentages and the number … [read more]
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May 28th, 2019
In April the Teranet–National Bank National Composite House Price IndexTM was flat from the previous month.[1] Apart from the 2009 recession period, it was the first April in 21 years … [read more]
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May 26th, 2019
There are a total of 38 condos & 3 townhouses for sale as of May 26th, 2019 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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May 26th, 2019
There are a total of 9 condos for sale as of May 26th, 2019 in Metortown Chancellor by Polygon Home in Burnaby area. The smallest condo unit is 817 sqft … [read more]
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May 26th, 2019
There are a total of 29 condos for sale as of May 26th, 2019 in The MET & MET2 by Concord Pacific in Burnaby Metrotown area. The smallest condo unit … [read more]
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May 26th, 2019
There are a total of 22 houses for sale as of May 26, 2019 in New Horizons & Hockaday Coquitlam. There are 7 new listings for houses for sale in … [read more]
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May 26th, 2019
There are a total of 67 houses for sale as of May 26, 2019 in Westwood Plateau Coquitlam. There are 21 new listings for houses for sale in Westwood Plateau … [read more]
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May 25th, 2019
There are a total of 11 condos and 1 townhouse for sale as of May 25th, 2019 in The Legacy by Bosa in North Burnaby Central area. The smallest condo … [read more]
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May 25th, 2019
There are a total of 268 condos for sale as of May 25, 2019 in Burnaby Metrotown area. There are 80 new listings for condos for sale in Burnaby Metrotown … [read more]
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May 25th, 2019
There are a total of 512 houses for sale as of May 25, 2019 in Coquitlam. There are 148 new listings for houses for sale in Coquitlam for the period … [read more]
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May 25th, 2019
There are a total of 233 houses for sale as of May 25, 2019 in North Burnaby. There are 74 new listings for houses for sale in North Burnaby for … [read more]
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May 24th, 2019
Trying to put a positive spin on Vancouver’s luxury property prices—where a two-bedroom, 1,831 square foot condo costs $2,660,000—is a tall order. Sure, in Monaco, a three-bedroom apartment in the … [read more]
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May 23rd, 2019
The first full month of spring saw homebuilding activity in Canada surprise housing market analysts with a show of strength, suggesting the Canadian market might be on the upswing once … [read more]
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May 22nd, 2019
The governor of the Bank of Canada suggests it won’t be long before the country’s housing market has bounced back and starts growing once again. “As markets stabilize in Toronto … [read more]
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May 21st, 2019
Weak demand continues to pull down the Vancouver housing market’s sales volume, according to new figures from the Real Estate Board of Greater Vancouver (REBGV). Overall transactions declined by 29.1% … [read more]
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May 20th, 2019
The delay of new condo launches amid the housing downturn in Vancouver and surrounding Lower Mainland housing markets is only going to intensify housing-affordability issues, a new report suggests. MLA … [read more]
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Comments Off on $90 Billion in Lost Home Value in Metro Vancouver