February 13th, 2019
Intensified demand brought about by an influx of tech companies has pushed Toronto’s office market towards becoming one of Canada’s premier investment destinations, according to a CBRE Group report. The … [read more]
February 12th, 2019
A months-long increase in the value of building permits issued by Canadian municipalities last year was capped off by a record-breaking December, suggesting a sustained homebuilding boom driven in no … [read more]
Comments Off on The Canadian Homebuilding Boom Continues, Driven By Demand for Condos
February 11th, 2019
The Metro Vancouver housing scene may be turning into a buyer’s market but the Canada Mortgage and Housing Corporation (CMHC) warns the region still shows signs of a “high degree” … [read more]
Comments Off on A High Degree of Overall Vulnerability is Maintained for Vancouver, Victoria, Toronto & Hamilton
February 11th, 2019
Higher interest rates, a heftier foreign-homebuyer tax, and tougher mortgage rules are all being blamed for the correction plaguing the housing market in Vancouver. But BMO Senior Economist Robert Kavcic … [read more]
Comments Off on Another Weight on The Vancouver Housing Market
February 11th, 2019
All but one Metro Vancouver real estate market saw prices fall last year. That’s the latest finding from a new report released by Zoocasa today, which reviewed year-over-year home prices … [read more]
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February 9th, 2019
Vancouver’s once red-hot housing market continued to cool last month as the number of home sales fell to the lowest level seen in January in 10 years. The Real Estate … [read more]
Comments Off on Vancouver Home Sales Fall Nearly 40% in Slowest January in 10 Years
February 8th, 2019
The luxury residential market has experienced a relative weakening over the past year, according to a January report by Sotheby’s International Realty Canada. This lethargy was especially apparent in the … [read more]
Comments Off on The Luxury Residential Market Has Experienced a Weakening Over The Past Year
February 7th, 2019
Metro Vancouver’s home sellers took the opportunity of the New Year to list their properties, with new listings in the region up 244.6% month over month, and nearly 28% higher … [read more]
Comments Off on Metro Vancouver Real Estate Remains A Buyer’s Market
February 6th, 2019
The long-range downward trend of Metro Vancouver’s housing market continued into January 2019, with new data showing home sales totalling 1,103 throughout the month represented a 39.3% decrease over the … [read more]
Comments Off on Metro Vancouver Home Sales Decreased by About 40% Last Month
February 5th, 2019
Vancouver’s affordability saga continues unimpeded as the city’s single-family homes are now priced considerably above the median household income, according to a recent study by the National Bank. The analysis … [read more]
Comments Off on Vancouver’s Single-Family Homes are Mostly Out of Reach Now
February 4th, 2019
If prices for new condos in Vancouver keep dropping, some homeowner hopefuls who signed contracts to purchase pre-construction units may be left in lurch and unable to ultimately close on … [read more]
Comments Off on Lofty Price Gains for Pre-Construction Buyers are A Thing of The Past
February 4th, 2019
Home listings continue to increase across all housing categories in the Metro Vancouver* housing market while home buyer activity remains below historical averages. The Real Estate Board of Greater Vancouver … [read more]
Comments Off on REBGV Home Listings Increase While Buyers Remain in Holding Patter
February 3rd, 2019
Economic growth in Canada from residential real estate investments will go negative in 2019, according to the Bank of Canada (BOC), which has conceded that stiff new mortgage regulations, local … [read more]
Comments Off on Bank of Canada : Combined Effect of Tighter Mortgage Guidelines & Higher Interest Rates Had More Negative Impact Than Previously Estimated
February 2nd, 2019
The Canadian housing market’s performance has been even worse than TD expected, but there are multiple reasons one of Canada’s biggest banks doesn’t predict “a further sustained deterioration” — or … [read more]
Comments Off on What Matters to The Canadian Housing Market Fundamentals?
February 1st, 2019
Housing markets in big Canadian cities are heading towards stability this year — not a crash — and while that’s good news for the economy at large, homebuyer hopefuls looking … [read more]
Comments Off on The Bad News for Potential Canadian Homebuyers in 2019
January 30th, 2019
Another report provides another indicator of the Metro Vancouver housing market’s downward trajectory. Altus Group’s recent National New Home Outlook report notes newly-constructed condominium sales in the region dropped by … [read more]
Comments Off on New Condo Sales in Metro Vancouver Dropped 19%
January 29th, 2019
Home prices in Metro Vancouver may slide further in 2019 but then will recover as demand continues and supply remains constrained, according to a panel of developers at a 2019 … [read more]
Comments Off on Metro Vancouver Home Prices to Bottom in 2019 & Then Bounce Back
January 28th, 2019
They had no crystal balls or tarot cards, but BC developers still predicted Thursday that people hoping for “the housing bubble to burst” in 2019 will be disappointed. During the … [read more]
Comments Off on People Hoping for “The Housing Bubble to Burst” in 2019 Will Be Disappointed
January 27th, 2019
There are a total of 5 condos for sale as of January 27th, 2019 in Metortown Chancellor by Polygon Home in Burnaby area. The smallest condo unit is 817 sqft … [read more]
Comments Off on Burnaby Metrotown Chancellor Condos for Sale Updates as of January 27, 2019
January 27th, 2019
There are a total of 21 condos for sale as of January 27th, 2019 in The MET & MET2 by Concord Pacific in Burnaby Metrotown area. The smallest condo unit … [read more]
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January 27th, 2019
There are a total of 29 condos & 0 townhouse for sale as of January 27th, 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 January 27, 2019
January 27th, 2019
There are a total of 12 houses for sale as of January 27, 2019 in New Horizons & Hockaday Coquitlam. There are 4 new listings for houses for sale in … [read more]
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