June 27th, 2019
Home prices in Canada’s biggest markets have fallen from peak levels, but it’s going to take a much bigger dip to put ownership within reach for the typical Millennial. How … [read more]
June 26th, 2019
New multi-family construction was predominant among Vancouver’s housing starts last month, according to latest data from the CMHC. The asset class represented as much as 90% of the market’s total … [read more]
Comments Off on Multi-Family Market Boosted Vancouver Pre-Construction Starts
June 25th, 2019
You’d have to roll back the clock to 2001 to find a slower May for condo sales in the City of Vancouver. Local realtor Steve Saretsky, also the founder of … [read more]
Comments Off on Homebuyers Have Cautiously Moved to The Sidelines for Metro Vancouver Condo Market
June 24th, 2019
A new analysis paints the picture of how housing market cycles come and go, and based on 20 years of data Metro Vancouver’s market is “primed for a comeback.” Kevin … [read more]
Comments Off on Metro Vancouver’s Housing Market is “Primed for A Comeback”
June 21st, 2019
Aside from a surging office market, commercial asset investment in Vancouver has been weak so far this year, according to new research by Altus Group. A total of 322 commercial … [read more]
Comments Off on Vancouver Commercial Investment is Not Having a Good 2019
June 20th, 2019
Metro Vancouver saw a “modest increase” in home sales according to the latest report from the Real Estate Board of Greater Vancouver (REBGV). Residential home sales in the region totalled … [read more]
Comments Off on Metro Vancouver Saw a “Modest Increase” in Home Sales
June 19th, 2019
Real estate activity seems to be taking a much-needed vacation, with recreational property sales declining across British Columbia, according to a report published June 6 by national brokerage Royal LePage. … [read more]
Comments Off on Recreational Property Sales Slow Across BC
June 19th, 2019
In May the Teranet–National Bank National Composite House Price IndexTM was up 0.5% from the month before,[1] the first monthly gain in nine months. On the other hand, for the … [read more]
Comments Off on Home Price Index Up for The 1st Time in 9 Months
June 18th, 2019
Vancouver, BC – June 5, 2019. The BCREA Commercial Leading Indicator (CLI) rose by 1.3 points to 135.2 in the first quarter of 2019. Compared to this time one year … [read more]
Comments Off on Stabilizing Commercial Activity in Q1
June 18th, 2019
Vancouver, BC – June 18, 2019. The British Columbia Real Estate Association (BCREA) released its 2019 Second Quarter Housing Forecast today. Multiple Listing Service® (MLS®) residential sales in the province … [read more]
Comments Off on BCREA 2nd-Quarter Housing Forecast – Home Sales to Rise in 2020
June 17th, 2019
Brighter days are ahead for the Canadian housing market. With the unemployment rate falling, population growth holding strong, and interest rates on pause, the Canadian Real Estate Association (CREA) has … [read more]
Comments Off on Where Canadian Home Sales & Prices are Moving in 2020?
June 16th, 2019
Comments Off on Burnaby Metrotown Area Condo/Apartment Resale Average Price/Per Sqft May 2019
June 16th, 2019
Comments Off on Coquitlam New Horizons Area Condo/Apartment Resale Average Price/Per Sqft May 2019
June 16th, 2019
Comments Off on Coquitlam New Horizons & Hockaday Areas Detached-Home Resale Average Price/Per Sqft May 2019
June 15th, 2019
Comments Off on Burnaby Brentwood Area Condo/Apartment Resale Average Price/Per Sqft May 2019
June 15th, 2019
Comments Off on REBGV Condo/Apartment Resale Average Price/Per Sqft May 2019
June 15th, 2019
Comments Off on REBGV Townhouse Resale Average Price/Per Sqft May 2019
June 15th, 2019
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft May 2019
June 14th, 2019
In contrast to previous surveys that have shown widespread support for new housing taxation, a new poll has found that 74% of BC residents believe additional taxes, fees and regulatory … [read more]
Comments Off on Real Estate Affordability Worsened by Taxes & Limited Options
June 14th, 2019
Vancouver, BC – June 14, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 8,221 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA Home Sales Increased 9% (M/M) in May
June 13th, 2019
The forecast is starting to look brighter for BC’s housing market in the coming years. Central 1 Credit Union anticipates BC home sales will pick up again in 2020, and … [read more]
Comments Off on BC’s Housing Market to Bounce Back from Vancouver Price Correction by 2021
June 11th, 2019
Existing policies and market conditions in BC prevent many buyers and sellers from fully participating in the market, according to Vancouver’s Central 1 Credit Union. The firm found that home … [read more]
Comments Off on Existing Policies & Market Conditions in BC Prevent Many Buyers & Sellers from Participating in the Market
Comments Off on Canadian Home Prices Need to Fall by $223,000 to be Affordable