March 28th, 2019
The slowdown in BC’s real estate market is the “primary drag on BC’s economic growth,” according to a forecast issued March 14 by Central 1 Credit Union. The credit union … [read more]
March 27th, 2019
Lower BC home prices will bring some buyers off the sidelines by the midway point of this year, but discounted properties won’t be enough to bring market activity anywhere near … [read more]
Comments Off on BC Home Sales to Recover Midway Through 2019
March 26th, 2019
The federal mortgage stress test is to blame for a drop in sales that has led to an average BC home price decline of nearly 10%, according to the British … [read more]
Comments Off on Average BC Home Price Has Slid Nearly 10% in Past Year
March 25th, 2019
It was a rough February for the Canadian housing market — in fact, by one measure, it hasn’t been this frigid since the Financial Crisis of the previous decade. Relentlessly … [read more]
Comments Off on The Factors that Added to an Already Challenging Housing Environment
March 25th, 2019
In recent months, more multi-family buildings were constructed than any other housing type in Canada’s hottest markets, according to a new report by the Canada Mortgage and Housing Corporation. “The … [read more]
Comments Off on Multi-Family Asset was Influential in Vancouver’s Market Conditions
March 25th, 2019
The prolonged effects of tougher mortgage policies continued to make their mark on national home sales and prices in February, with the Canadian Real Estate Association’s latest report revealing the … [read more]
Comments Off on Mortgage Stress Test Impact Home Sales & Prices Continues Across Nation
March 23rd, 2019
Take a good look at the prices paid for residential development land in Metro Vancouver last year, as Colliers International did in its annual LandShare Report, because it could be … [read more]
Comments Off on Metro Vancouver Residential Land Prices May Have Already Peaked
March 23rd, 2019
It’s easy to think of Greater Victoria and Metro Vancouver real estate prices as being particularly hard-hit in the past couple of years, by a combination of provincial taxation measures … [read more]
Comments Off on BC Real Estate Not Alone as Home Prices Slide Across Prime Global Cities
March 22nd, 2019
A slowdown in the rate of housing construction in February led to grumblings that eroded affordability and mortgage stress testing were catching up with the new-home market, but a report … [read more]
Comments Off on The Pace of Canadian Homebuilding Could Be Ready for A Comback
March 21st, 2019
Metro Vancouver industrial lease rates are now the highest in Canada, and vacancy rates have fallen in the face of unprecedented demand, but clouds are forming over the region’s strongest … [read more]
Comments Off on Industrial Rising Costs, Retail Slump Could Sector Posting Canada’s Highest Lease Rates & Sale Prices
March 20th, 2019
In February the Teranet–National Bank National Composite House Price IndexTM was down 0.4% from the previous month.[1] Except for the recession year of 2009, it was the largest February decline … [read more]
Comments Off on All 5 Constituent Markets in Western Canada Have Now Joined the Downtrend
March 19th, 2019
Canadians who are looking to buy homes aren’t the only ones feeling the pinch from mortgage rules the federal government brought in last year. The rate of homebuilding in the … [read more]
Comments Off on Mortgage Rules & Affordability Slow Down the Homebuilding in Canada
March 19th, 2019
The Vancouver residential market’s prices, sales, and supply all suffered notable annual declines in February, according to the latest numbers from the Real Estate Board of Greater Vancouver. Benchmark prices … [read more]
Comments Off on Vancouver Prices, Sales & Supply All Decelerate
March 18th, 2019
Canada’s newly-minted hottest housing markets are going to see prices soar even higher this spring while struggling regions will continue plodding on. At least that’s what an economist with one … [read more]
Comments Off on Predictions for the Spring Housing Market
March 17th, 2019
Comments Off on Burnaby Metrotown Area Condo/Apartment Resale Average Price/Per Sqft February 2019
March 17th, 2019
Comments Off on Coquitlam New Horizons Area Condo/Apartment Resale Average Price/Per Sqft February 2019
March 17th, 2019
In a new analysis, the Canadian Association of Insolvency and Restructuring Professionals warned that the commercial property segment will labour under the burden of growing consumer insolvency. “Businesses will also … [read more]
Comments Off on Construction, Real Estate & Rental/Leasing are Suffering from Soften Housing Impact
March 17th, 2019
Comments Off on Coquitlam New Horizons & Hockaday Area Detached-Home Resale Average Price/Per Sqft February 2019
March 17th, 2019
Comments Off on Coquitlam Westwood Plateau Area Detached-Home Resale Average Price/Per Sqft February 2019
March 16th, 2019
Landlord’s market BC’s major cities are seeing strong demand for industrial space, a fact underscored by the recent CBRE Ltd. market survey that claims “Vancouver’s industrial hub is leading the … [read more]
Comments Off on Local Impact on Industrial Space Shortage
March 16th, 2019
Comments Off on Burnaby Brentwood Area Condo/Apartment Resale Average Price/Per Sqft February 2019
March 16th, 2019
Comments Off on REBGV Condo/Apartment Resale Average Price/Per Sqft February 2019
Comments Off on Drag on Economic Growth Slowdown BC’s Real Estate Market