Buyers and investors alike have adopted a cautious stance towards Vancouver’s real estate assets for most of 2018, which the city’s real estate board attributed as the main driver of … [read more]
The average prices of residential property across key countries across the work increased by 4.9% in the 12 months to September 2018, with Asia Pacific the strongest region, the latest … [read more]
There was a slight increase in Canadian housing starts in November, the second month of strong activity for the homebuilding sector. But according to economists, the solid performance could hit … [read more]
After two years of holding court at the top of global price rankings, the Canadian housing market took another price tumble last quarter. While the country’s housing market held fourth … [read more]
Vancouver, BC – December 14, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 5,179 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
For months, industry experts have written about how higher interest rates will affect the Canadian housing market in 2019. But according to one economist, they might not be such a … [read more]
New home prices won’t collapse next year, nor will they begin surging again, predicts a market observer with about 30 years of experience in the industry. “I certainly think prices … [read more]
2018 began with a steep nationwide drop in housing activity. Stricter mortgage qualification rules pushed buyers to the sidelines, as year-over-year double-digit sales decreases became the norm. Of course, some … [read more]
In November the Teranet–National Bank National Composite House Price IndexTM was down 0.3% from the previous month.[1] A November decline is not the norm – this was only the fourth … [read more]
As Metro Vancouver developers pressed on with more new residential project launches, demand for homes on the resale market stayed stuck below historically normal levels in November. A total of … [read more]
November home sales across Metro Vancouver were 34.7% below the 10-year average for the month, according to new Real Estate Board of Greater Vancouver data released December 4. A total … [read more]
2018’s headlines were dominated by a new mortgage stress test, stricter foreign buyer taxes for two major markets and the ongoing effects of dipping oil prices, all of which took … [read more]
To get a handle on how detached home values in Vancouver have evolved since 2016, the year the province started taxing foreign buyers, Glacier Media analyzed median prices — and … [read more]
It can seem like there are endless things to worry about when it comes to the Canadian housing market. Would-be buyers have to contend with headlines cautioning them about the … [read more]
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