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]
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]
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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]
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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]
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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]
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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]
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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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January 27th, 2019
Residential property sales in Canada fell for a fourth month in a row in December while prices fell by almost 5%, the latest agent index shows. National home sales fell … [read more]
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January 27th, 2019
There are a total of 42 houses for sale as of January 27, 2019 in Westwood Plateau Coquitlam. There are 9 new listings for houses for sale in Westwood Plateau … [read more]
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January 26th, 2019
There are a total of 6 condos and 0 townhouse for sale as of January 26th, 2019 in The Legacy by Bosa in North Burnaby Central area. The smallest condo … [read more]
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January 26th, 2019
There are a total of 223 condos for sale as of January 26, 2019 in Burnaby Metrotown area. There are 75 new listings for condos for sale in Burnaby Metrotown … [read more]
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January 26th, 2019
There are a total of 361 houses for sale as of January 26, 2019 in Coquitlam. There are 125 new listings for houses for sale in Coquitlam for the period … [read more]
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January 26th, 2019
There are a total of 163 houses for sale as of January 26, 2019 in North Burnaby. There are 51 new listings for houses for sale in North Burnaby for … [read more]
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January 25th, 2019
By one measure, conditions in Canada are reminiscent of those present in the US right before a stateside housing bubble burst, yet a repeat performance to the north is unlikely. … [read more]
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January 24th, 2019
BC home sales were in a freefall last year, with the number of residential properties changing hands down 24.5 percent compared to 2017 — and the main reason for this … [read more]
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January 23rd, 2019
Although much has been made about the decline in Canadian home sales and prices, one economist suggests it wasn’t as bad as it seems. “Remember : If the price of … [read more]
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January 22nd, 2019
The BC Real Estate Association (BCREA) says the mortgage stress test introduced by Ottawa one year ago is “largely to blame” for a 24.5% decline in home sales across the … [read more]
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January 21st, 2019
It may have been tough to imagine even just 12 months ago, but Canada’s housing market is stagnating — and don’t expect a return to previous highs any time soon. … [read more]
Comments Off on Canadian Home Prices Post Biggest Decline Since 1995. So What’s Next?
January 21st, 2019
Falling detached-home prices in some Metro Vancouver areas are not enough to cancel out increases in others, with the region’s aggregate home sale price rising 2.1% year over year in … [read more]
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Comments Off on Bank of Canada : Combined Effect of Tighter Mortgage Guidelines & Higher Interest Rates Had More Negative Impact Than Previously Estimated