January 17th, 2019
VANCOUVER (NEWS 1130) – Vancouver’s residential real estate market is at standoff that doesn’t appear to have an end in sight. The city saw a 26% drop in sales of … [read more]
January 17th, 2019
Uncertainty sweeping through major financial markets doesn’t bode well for luxury property values in Canada’s biggest markets this year after top-tier segments took a hammering in 2018, a new report … [read more]
Comments Off on Where’s The Canadian Luxury Real Estate Market Headed in 2019?
January 16th, 2019
Think eroding home sales spell trouble for the future of Canadian real estate values? Just wait until a wave of new supply floods the market. A dire warning from from … [read more]
Comments Off on How A Homebuilding Boom Could Tip The Canadian Housing Market from Bad to Worse
January 16th, 2019
A new housing market report released today by Royal LePage has found that home price appreciation in Metro Vancouver remains relatively resilient, although the rate of growth has slowed as … [read more]
Comments Off on Home Prices in Metro Vancouver Remain “Resilient”
January 15th, 2019
Vancouver’s home prices remain dizzyingly high, but after a spectacular run lasting several years, they started to cool off in 2018. The turn has would-be buyers and sellers heading into … [read more]
Comments Off on Metro Vancouver Housing Market Sings of A Correction with More Selective Buying
January 15th, 2019
Owing to some of the lowest vacancy rates in North America along with a breakneck pace of development and a sustained pace of price growth, BC’s industrial market is promising … [read more]
Comments Off on BC’s Industrial Market is Promising to Be One of The Best Investment Destinations
January 15th, 2019
Vancouver, BC – January 15, 2019. TThe British Columbia Real Estate Association (BCREA) reports that a total of 78,345 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA Home Sales Decline 25% in 2018
January 14th, 2019
Metro Vancouver home sales in 2018 plunged to the lowest level observed since the year 2000, as a slow December capped off a year of decline for the west-coast market. … [read more]
Comments Off on 2018 Has Been A Transition Period for Metro Vancouver Housing Market
January 14th, 2019
The Teranet–National Bank National Composite House Price IndexTM for December was down 0.3% from the previous month.[1] It was the third consecutive monthly retreat. The component indexes were down for … [read more]
Comments Off on The Teranet-National Bank HPI Home Prices Trended Down in The Second Half of 2018
January 13th, 2019
Running under a full head of steam for the past three years, Metro Vancouver’s commercial real estate sector hit a speed bump late in 2018, but it wasn’t enough to … [read more]
Comments Off on It is a “Historical” Time for Metro Vancouver’s Commercial Real Estate
January 12th, 2019
Luxury-home markets across Canada’s biggest cities tumbled last year on the heels of regulations set by the federal and provincial governments to curb soaring prices and debt. Here’s what brokerage … [read more]
Comments Off on The Winners & Losers of Canada’s Luxury Housing Market in 2019
January 11th, 2019
Metro Vancouver’s sluggish residential real estate market continues to endure slow sales, with 2018 notching a mere 24,619 homes that transacted. There has not been that few homes that sold … [read more]
Comments Off on Vancouver Has Worst Year for Home Sales Since 2000
January 10th, 2019
Notaries across British Columbia saw “an overall decrease in first-time buyers in most regions of the province” in 2018, according to the Society of Notaries Public of BC. What the … [read more]
Comments Off on Overall Decrease in 1st-Time Homebuyers in Most Regions of the Province was BC
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]
Comments Off on Rising Construction Costs & Slowing Market Set Stage for 2019
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]
Comments Off on “Policy-Driven” Residential Has Hit Metro Vancouver Areas the Hardest
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]
Comments Off on Housing Market Expected to Remain Cool in 2019
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]
Comments Off on Cooling Home Prices will Be A Drag to Canada’s Economy in 2019
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]
Comments Off on Canadian Homes Haven’t Been So Unaffordable Since 1990
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]
Comments Off on More Modest Gains are Forecast for BC Housing in 2019
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]
Comments Off on Waterfront Homes Deliver a 40% Price Premium Globally
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]
Comments Off on Housing Issues Dominate 2018 BC Conversation
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
Comments Off on Seller Think Market Isn’t so Bad • Buyers Think Market will Continue to Correct