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]
June 10th, 2019
The Metro Vancouver housing market has gone through some dramatic changes over the last six months, as buyer demand has been hit by tougher federal mortgage qualification rules as well … [read more]
Comments Off on How Homebuyer Conditions Have Changed in Metro Vancouver?
June 10th, 2019
Home sales across the province will remain “marshmallow soft” through the rest of the year, according to a forecast published May 28 by Central 1 Credit Union. 2019 will see … [read more]
Comments Off on Home Sales Across BC will Remain “Marshmallow Soft”
June 9th, 2019
Investors are gravitating towards large mixed-use developments situated near rapid transit lines in Metro Vancouver, according to a new analysis by Avison Young. The trend is being spurred on by … [read more]
Comments Off on Metro Vancouver’s Urban Enclaves Promise Even More Investment
June 8th, 2019
Prime property prices in key cities around the word are continuing to moderate with the latest data showing they increased by 1.3% year on year, down from growth of 4.3% … [read more]
Comments Off on Price Growth in Prime Global City Markets Falls to Lowest Since 2009
June 7th, 2019
National Bank’s latest study of 10 major Canadian housing markets suggests affordability improved in the first quarter of the year as income growth outpaced home prices — and it looks … [read more]
Comments Off on Canadian Housing Affordability Just Saw Its Biggest Improvement in 5 Years
June 7th, 2019
Amid an overall trend of moderation nationwide, condo sales continue to exhibit significant regional variances, according to the latest Altus Group Housing Report. Throughout Canada, a little over 48,500 condo … [read more]
Comments Off on Regional Condo Sales Trends of Moderation
June 6th, 2019
The overall value of real estate in Metro Vancouver has seen a significant nosedive with the advent of extremely tight policies such as school and speculation taxes, according to a … [read more]
Comments Off on Vancouver Asset Values Suffer Major Declines Due to Current Policies
June 6th, 2019
With new home sales dropping in tandem with resale residential units, Vancouver developers have been rapidly shelving projects, according to a new report by Altus Group. Of the 5,600 new … [read more]
Comments Off on New Home Sales Fell 7% Last Year is Causing Developers to Abandon Projects
June 6th, 2019
After a dismal spring so far, Metro Vancouver residential real estate activity leaped by 44.2% month over month to 2,638 homes sold in May, according to figures released June 4 … [read more]
Comments Off on Metro Vancouver Home Sales Jump 44.2% M/M
June 5th, 2019
Recent sales activity might indicate that the national market has already acclimated to the largest impacts of B-20, according to Bank of Montreal chief economist Doug Porter. “Canadian housing activity … [read more]
Comments Off on Home Sales Show Canadians Have Largely Adapted to B-20
June 4th, 2019
Vancouver’s luxury housing market has hit bottom. At one time the world’s hottest upscale housing market, Vancouver sits dead last in real estate consultancy Knight Frank’s new ranking of 45 … [read more]
Comments Off on Vancouver’s Luxury Housing Market Earned Bottom Slot on The Prime Global Cities Index
June 4th, 2019
Monthly Metro Vancouver home sales eclipsed 2,000 for the first time this year in May, although home buyer demand remains below historical averages. The Real Estate Board of Greater Vancouver … [read more]
Comments Off on May Sees Modest Increase in Home Sales While Housing Supply Reaches Five-Year High
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]
Comments Off on $90 Billion in Lost Home Value in Metro Vancouver
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]
Comments Off on Metro Vancouver’s Luxury Housing Market is Now A Buyer’s Market
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]
Comments Off on Canada’s Housing Market is Finally Recovering from The Mortgage Stress Test
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]
Comments Off on BCREA Damp April for BC Home Sales
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]
Comments Off on Market Correction Hits Some Areas Harder Than Others
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]
Comments Off on BC Housing Market Current Conditions, New Homes & Looking Ahead
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]
Comments Off on Metro Vancouver Suburban Areas Seeing Highest Number of Unsold Home Listings
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]
Comments Off on 8th Consecutive Month Without A Rise in The Composite HPI
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]
Comments Off on Coquitlam New Horizons The Windsor Gate Condos & Townhouses for Sale Updates as of May 26, 2019
Comments Off on Existing Policies & Market Conditions in BC Prevent Many Buyers & Sellers from Participating in the Market