November 28th, 2018
Downtown Vancouver and Toronto are cited as the two hottest office markets in the country, but while the West Coast city leads in leasing costs, much larger Toronto appears headed … [read more]
November 28th, 2018
With a near free-fall in Metro Vancouver, British Columbia housing sales will plunge 23% this year, according to the BC Real Estate Association (BCREA), and the projected 2019 recovery will … [read more]
Comments Off on BC Housing The Real Winners in 2019
November 28th, 2018
BC’s housing market was balanced in October, as demand was subdued and listings remained elevated, a monthly update from the British Columbia Real Estate Association (BCREA) suggests. Throughout the province … [read more]
Comments Off on What Happened in The BC Housing Market?
November 27th, 2018
Vancouver’s multifamily housing sector is experiencing a glut of inventory, but with low yields and high buy-ins, investors have taken a step back. A report from Marcus & Millichap showed … [read more]
Comments Off on Inventory Glut & Government Intervention Slow Vancouver’s Multifamily Housing
November 27th, 2018
The Canadian housing market has a global reputation for its high housing prices and household debt levels. Yet, despite the troubling figures, the market isn’t at risk of a housing … [read more]
Comments Off on The Canadian Housing Market Isn’t at Risk of A Crash
November 26th, 2018
Canadian home sales fell 1.6 percent month-over-month in October, the second month of falling activity for the housing market. Previously well performing markets saw sales declines, including a 2.9 percent … [read more]
Comments Off on Home Sales Fall as Markets Across the Country Generally Balanced & Prices Growing at Manageable Pace
November 25th, 2018
Vancouver is facing an office space crunch with declining vacancy rates and rising lease rates. While more supply is on the way, some are concerned that the lack of available … [read more]
Comments Off on Lack of Office Space Could Be Driving Away Large International Firms in Vancouver
November 25th, 2018
National home sales in Canada fell by 1.6% between September and October 2018 and by 3.7% year on year while prices fell by 1.5% to $496,800 on an annual basis, … [read more]
Comments Off on National Home Sales Fell by 1.6% Month on Month in Canada
November 24th, 2018
While the fall season generally brings with it a boost to Canadian home prices, last month appeared to be an exception. The Teranet-National Bank Composite National House Price Index fell … [read more]
Comments Off on Home Prices are Showing Signs of Weakness at The National Level
November 23rd, 2018
A series of policy changes has cooled Canadian home price growth, while eating into the budgets of would-be homebuyers. The Bank of Canada hiked the overnight rate to 1.75 percent … [read more]
Comments Off on Buyers Remain Concerned About Higher Interest Rates & The Cost of Homeownership
November 23rd, 2018
While there have been plenty of predictions about where the Canadian housing market might be headed in the new year, it’s important to take stock of where activity levels stand … [read more]
Comments Off on Stats About The Canadian Housing Market Heading into 2019
November 22nd, 2018
Faced with higher interest rates and tougher mortgage qualification rules, many Canadians have turned to the new condo market as a more affordable shot at homeownership. One property type that … [read more]
Comments Off on Canadian Condo Sales Rise but Townhouses Pent-Up Ownership Demand is Still Forming
November 21st, 2018
According to survey conducted by Century 21, Greater Vancouver comes up on top as Canada’s most expensive metropolitan area to buy a home. Vancouver has eight neighbourhoods in Canada’s top … [read more]
Comments Off on Downtown Vancouver Has Highest Average Price Per Square Foot
November 21st, 2018
While Canadian home sales have been inching up month-over-month, they have remained firmly below 2017-levels all year. And, according to a new note from BMO senior economist Robert Kavcic, that’s … [read more]
Comments Off on Canadian Housing Market to Remain “Stable & Subdued”
November 20th, 2018
It’s no secret that real estate affordability continues to be a top concern in BC, and nowhere is this more obvious than in Canada’s priciest city of Vancouver. And a … [read more]
Comments Off on What are The Most & Least Affordable BC Cities to Buy A Home?
November 20th, 2018
Brighter days are ahead for BC’s housing market. At least that’s what the British Columbia Real Estate Association (BCREA) is saying in a new forecast. The association predicts that resale … [read more]
Comments Off on BCREA New Forecast for The Housing Market in 2019
November 19th, 2018
While Canadian home price growth has slowed in recent months, there are still plenty of markets that remain unaffordable to the average home buyer. Even within the relatively more-affordable condo … [read more]
Comments Off on Canada’s Most Expensive Areas for Condo Buyers
November 19th, 2018
The Canadian housing market will see activity moderate over the next two years, according to the latest forecast from the Canada Mortgage and Housing Corporation (CMHC). The federal housing organization … [read more]
Comments Off on What The Next 2 Years will Look Like for The Canadian Housing Market
November 18th, 2018
Comments Off on REBGV Burnaby Metrotown Area Condo Resale Average Price/Per Sqft October 2018
November 18th, 2018
Comments Off on REBGV Coquitlam New Horizons Area Condo Resale Average Price/Per Sqft October 2018
November 18th, 2018
The latest Altus Group analysis found that demand for Vancouver’s office spaces significantly pushed down vacancy from a near-record level of almost 11% in mid-2016 to around the 7% range … [read more]
Comments Off on Vancouver’s Office Space Pushed Down Vacancy Level
November 18th, 2018
Comments Off on REBGV Coquitlam New Horizons Area Detached-Home Resale Average Price/Per Sqft October 2018
Comments Off on Key Differences Between Canada’s Two Hottest Office Markets