It’s east versus west when it comes to the upper echelons of Canadian real estate. A new report from brokerage Sotheby’s International Realty Canada highlights the chasm separating the luxury … [read more]
It’s not just a blip on the Canadian housing radar. The recent stability seen in some of Canada’s biggest markets is here to stay, suggests one of the country’s leading … [read more]
Contractors haven’t been building condos and rental apartments at this frenzied rate in nearly 30 years. So says BMO analysis of Preliminary Housing Starts data from Canada Mortgage and Housing … [read more]
Few if any would suggest that mortgage stress testing introduced last year by the Canadian government had no impact on home sales in BC, but how just how much of … [read more]
It looks like the Vancouver housing market’s collapse is as wide as it is deep. While the market’s slowdown is perhaps most apparent in the detached-home segment, it’s even struggling … [read more]
Last year marked the first time that commercial real estate investment in North Shore, BC did not exceed $100 million on an annual basis since 2009, according to the latest … [read more]
Supply in Vancouver’s housing market is still piling up, and it looks like stubborn home sellers are partly to blame. “We’re continuing to see an expectation gap between home buyers … [read more]
Without The Seasonal Boost, The Composite Home Price Index Would Have Been Down in June In June the Teranet–National Bank National Composite House Price IndexTM was up 0.8% from the … [read more]
June was a quieter period for national real estate sales, following several months of improvement during the spring season. The number of homes changing hands was fairly flat from a … [read more]
Canadian housing affordability continued to improve in this year’s first quarter, although the situation in the country’s most expensive markets remains dire, a new report suggests. “Affordability is still dreadful … [read more]
Housing is a national concern in Canada. Recently, Century 21 Canada surveyed more than 1,000 of its realtors to gauge sentiments towards Canadian real estate. Some 18.1 percent of agents … [read more]
Vancouver, BC – July 15, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 6,960 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
BC home sales in 2020 will more than make up for an expected decline this year, according to the British Columbia Real Estate Association’s new forecast for housing activity in … [read more]
What happened : Latest measures reveal housing affordability easing slightly in Vancouver region What it means : Even with some easing affordability remains out of reach for most households in … [read more]
If a recession sweeps through North America, Canada would be hit harder than the US this time around — and it’s partly because of the economy’s overreliance on the housing … [read more]
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