January 10th, 2019
Reality check By the time you read this, most property owners will know what the BC Assessment Authority thinks their property is worth – or was worth, as of the … [read more]
January 9th, 2019
The “policy-driven” slump in Metro Vancouver’s housing market will be savage, short and shallow, say real estate analysts and the Central 1 Credit Union forecast. But without a change in … [read more]
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January 9th, 2019
Market watchers say 2019 could be the year to buy a house or condo for less in BC, thanks to increased supply and regulatory measures that have combined to suppress … [read more]
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January 8th, 2019
The Conference Board of Canada predicts Canadian economic growth is set to slow next year, and the country’s cooling housing market is playing a part. “Household spending is slowing due … [read more]
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January 7th, 2019
You’d have to go back to the year 1990 to find the last time Canadian homes were so unaffordable for the typical buyer, leading one of the country’s biggest banks … [read more]
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January 7th, 2019
Rising interest rates are limiting access to mortgage financing and negatively impacting home buyer sentiment in Canada going into 2019, according to the latest forecast from estate agents. At the … [read more]
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January 6th, 2019
Prices for prime waterfront properties around the world are on average 40% higher than comparable properties inland, new research has found. Harbour side properties command the highest premium at 59.1% … [read more]
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January 6th, 2019
Access to affordable housing dominated the conversation in British Columbia in 2018, with residents aged 18 to 34 beginning to doubt the ability of elected officials to get a grip … [read more]
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January 5th, 2019
The Canadian Real Estate Association predicts home sales in Canada in 2019 are going to sink to a nine-year low in a forecast released this week. “While economic and demographic … [read more]
Comments Off on The Policy Move with Rising Interest Rates are Limiting Many Homebuyers Purchasing Power
January 4th, 2019
SURREY, BC – After three consecutive years of total annual sales surpassing 20,000 units, 2018 saw the Fraser Valley real estate market return to more typical levels for both sales … [read more]
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January 4th, 2019
Sales Will Slow as Impact Still Felt from Stress Test This has been a tougher year for the Canadian housing market, as the federal mortgage stress test, along with rising … [read more]
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January 3rd, 2019
National home sales are projected to fall to a near decade low in 2019, as rising interest rates and strict mortgage stress-test rules continue to put a damper on homebuyer … [read more]
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January 3rd, 2019
Metro Vancouver home sales in 2018 were the lowest annual total in the region since 2000. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached … [read more]
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January 3rd, 2019
Government policy triggered a recession in BC’s housing market this year, but the situation could have been worse, a new forecast from credit union Central 1 suggests. “Price corrections in … [read more]
Comments Off on BC’s Housing Market Isn’t All Bad News
January 2nd, 2019
British Columbia is expected to lead a year-over-year decline in home sales in 2019, according to a national real estate forecast released this week, but sales in the province will … [read more]
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December 31st, 2018
Taxes Vancouverites have railed against property taxes for decades and made no exemption in 2018. With so many levies to choose from, it’s tough to pick just one. The dour … [read more]
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December 31st, 2018
Potential home buyers and sellers lose out in BC’s housing market in 2018, as federal and provincial rules contribute to a mild provincial housing recession, according to the latest Central … [read more]
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December 30th, 2018
There are a total of 33 condos & 0 townhouse for sale as of December 30th, 2018 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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December 30th, 2018
There are a total of 4 condos for sale as of December 30th, 2018 in Metortown Chancellor by Polygon Home in Burnaby area. The smallest condo unit is 817 sqft … [read more]
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December 30th, 2018
Sales in the residential property market in Canada have continued to fall, down by 2.3% month on month in November and now 12.6% lower than a year ago. The national … [read more]
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December 30th, 2018
There are a total of 19 condos for sale as of December 30th, 2018 in The MET & MET2 by Concord Pacific in Burnaby Metrotown area. The smallest condo unit … [read more]
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December 30th, 2018
There are a total of 14 houses for sale as of December 30, 2018 in New Horizons & Hockaday Coquitlam. There are 2 new listings for houses for sale in … [read more]
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Comments Off on Rising Construction Costs & Slowing Market Set Stage for 2019