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]
May 19th, 2019
Comments Off on Burnaby Metrotown Area Condo/Apartment Resale Average Price/Per Sqft April 2019
May 19th, 2019
Comments Off on Coquitlam New Horizons Area Condo/Apartment Resale Average Price/Per Sqft April 2019
May 19th, 2019
Comments Off on Coquitlam New Horizons & Hockaday Areas Detached-Home Resale Average Price/Per Sqft April 2019
May 19th, 2019
Comments Off on Coquitlam Westwood Plateau Area Detached-Home Resale Average Price/Per Sqft April 2019
May 18th, 2019
Comments Off on Burnaby Brentwood Area Condo/Apartment Resale Average Price/Per Sqft April 2019
May 18th, 2019
Comments Off on REBGV Condo/Apartment Resale Average Price/Per Sqft April 2019
May 18th, 2019
Comments Off on REBGV Townhouse Resale Average Price/Per Sqft April 2019
May 18th, 2019
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft April 2019
May 17th, 2019
Reflecting what’s happening in the Lower Mainland’s slowing resale housing market, the presale sector doesn’t seem to be doing much better, according to the results of a new report. MLA … [read more]
Comments Off on Presale Home Doesn’t Seem to Be Doing Much Better
May 16th, 2019
The housing recession that is sweeping across the Vancouver area will leave home prices 12 percent below the peak achieved last June, an economist predicts. If the forecast from Bryan … [read more]
Comments Off on Average Vancouver Home Prices Could Lose $100,000 from 2018 Peak
May 15th, 2019
Immigrants, mostly young individuals and households, will account for a significant portion of renewed housing demand in Canada’s largest cities, according to RBC Economic Research. The millennial influx will be … [read more]
Comments Off on Immigrant Demand to Fuel Housing Activity in The Largest Cities
May 14th, 2019
Anyone banking on a Canadian housing crash might be out of luck, as the odds of a collapse haven’t been this low in years. So suggest two newly published reports, … [read more]
Comments Off on The Canadian Housing Market is Now Showing a “Moderate” Degree of Vulnerability
May 14th, 2019
Vancouver, BC – May 14, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 6,652 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA Affordability Continues to Weigh on Housing Demand
May 12th, 2019
Canadian home sales and prices rebounded in March from a dismal showing a month earlier, but remained below historical averages. Home sales rose 0.9% nationally while the benchmark price rose … [read more]
Comments Off on Canadian Home Sales Remain at Lowest Levels in 6 Years
May 9th, 2019
Metro Vancouver’s robust industrial market has seen sales activity surpass $150 million during the first quarter of the year alone, according to Avison Young’s Spring 2019 Metro Vancouver Industrial Overview. … [read more]
Comments Off on Vancouver Industrial Market Activity Exceeds $150M in Q1 2019
May 8th, 2019
Home prices across Metro Vancouver are continuing to slide, reported the Real Estate Board of Greater Vancouver (REBGV) May 2. The board said that the composite benchmark home price across … [read more]
Comments Off on Home Prices Across Metro Vancouver are Continuing to Slide
May 7th, 2019
The country’s real estate market showed some signs of recovery in March; although home prices were still down, home sales and new home builds went up. Housing Starts The annual … [read more]
Comments Off on Housing Market Shows Resilience As New Builds & Sales Rise
May 6th, 2019
Central 1 Credit Union predicts Lower Mainland home prices are going to fall another 5 percent before bottoming out as the beleaguered market continues to correct. “While the economy is … [read more]
Comments Off on Vancouver Home Prices are Going to Fall Further This Year
May 6th, 2019
The mortgage stress test isn’t just holding back Canadian home price growth and sales — it’s leading to declines in Canada’s most expensive market. Plummeting sales and home prices across … [read more]
Comments Off on Vancouver Home Sales & Prices Took Another Big Hit in April
May 5th, 2019
Vancouver real estate investment volume is shrinking due to perceived instabilities in the market’s regulatory regime, according to CBRE Ltd. The successive introduction of new regulations that target foreigners has … [read more]
Comments Off on Metro Vancouver Housing Volume is Shrinking, Toronto is Benefiting More from the Situation
May 3rd, 2019
Following a frosty February, Canadian home sales inched up in March and one of Canada’s biggest banks expects the market to continue picking up speed. “We continue to believe that … [read more]
Comments Off on “Disappointing” Canadian Housing Market is Set to Pick Up This Year
Comments Off on The Delay of New Condo Launches Amid The Housing Downturn in Vancouver