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]
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
March 16th, 2019
Comments Off on REBGV Townhouse Resale Average Price/Per Sqft February 2019
March 16th, 2019
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft February 2019
March 15th, 2019
The detached home segment of Vancouver’s housing market has been walloped as sales for this home type in the first two months of the year sunk to the lowest levels … [read more]
Comments Off on The Price Correction of Detached Housing Market Has Been a Slow Bleed
March 14th, 2019
SURREY, BC – Coming off a mild January, the Fraser Valley real estate market saw an increase in sales activity and overall inventory in February along with decreased prices in … [read more]
Comments Off on FVREB Real Estate Market Gears Up for Spring
March 14th, 2019
Higher interest rates, tougher mortgage rules, and special taxes against foreign homebuyers and speculators aren’t the only headwinds cooling some of Canada’s major housing markets this winter. Toronto and Vancouver … [read more]
Comments Off on Rough Winter Weather Made Home Sales in Toronto & Vancouver Go from Bad to Worse
March 13th, 2019
The benchmark price of a Metro Vancouver home broke the $1-million barrier in summer 2017 and hasn’t dipped below it since — but that may soon change if housing-supply levels … [read more]
Comments Off on Metro Vancouver Home Could Soon Fall Below $1 Million
March 13th, 2019
Vancouver, BC – March 13, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 4,533 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA Mortgage Stress Test Continues to Dampen Home Sales
March 12th, 2019
An economist with one of Canada’s biggest banks says the country’s real estate market is “set for a slog” this year, but nothing worse. TD Senior Economist Brian DePratto outlines … [read more]
Comments Off on Demand & Borrowing Costs are Keeping The Canadian Housing Market from Crashing
March 11th, 2019
British Columbia’s moderating housing market will have a domino effect of overall weakness in the provincial economy, the Conference Board of Canada predicted in its study released last week. Some … [read more]
Comments Off on BC’s Softening Real Estate Segment to Drag Down the Economy
Comments Off on Industrial Rising Costs, Retail Slump Could Sector Posting Canada’s Highest Lease Rates & Sale Prices