November 6th, 2018
Often blamed for overheating in major markets, flippers actually represented only a minor proportion of home transactions in Toronto and Vancouver, according to a Bloomberg analysis that looked at Teranet … [read more]
November 5th, 2018
Real estate prices may be dropping, but the overall market is still exposed to a high degree of vulnerability. The Canadian Mortgage and Housing Corporation (CMHC) recently revealed this insight … [read more]
Comments Off on Housing Market Remains Vulnerable Despite Waning Prices
November 5th, 2018
Prices for Metro Vancouver homes are starting to decline in the wake of sluggish sales and plenty of residences up for sale, according to the Real Estate Board of Greater … [read more]
Comments Off on Slow Sales & Lots of Inventory Push Down Vancouver Home Prices
November 4th, 2018
Two years ago, Vancouver topped international real estate consultancy Knight Frank’s global ranking of the hottest luxury real estate markets. Now, the city placed dead last. “Vancouver ….. sits at … [read more]
Comments Off on Vancouver Placed Last on Global Luxury Real Estate Markets Ranking
November 4th, 2018
The Metro Vancouver housing market is still exhibiting signs of overvaluation as home prices continue to outpace local income growth, according to a new Canada Mortgage and Housing Corporation (CMHC) … [read more]
Comments Off on CMHC Vancouver Housing Market Highly Vulnerable Despite Easing Prices
November 3rd, 2018
Home sales across the region took a drubbing in October, plummeting 34.9% compared with the same month a year ago. The Real Estate Board of Greater Vancouver (REBGV) reported November … [read more]
Comments Off on Metro Vancouver Home Sales Plunge 35% in October
November 3rd, 2018
National home sales in Canada edged back 0.4% from August to September and activity is down 8.9% from the same period in 2017, the latest index figures show. At the … [read more]
Comments Off on National Homes Sales Down in Canada While Prices Edged Up
November 2nd, 2018
SURREY, BC – The Fraser Valley housing market saw slight increases in both total transactions and overall inventory this month after sales hit their lowest point for the year in … [read more]
Comments Off on October Brings Slight Bump to Sales for Fraser Valley
November 2nd, 2018
Luxury detached home sales in Canada’s major markets have struggled throughout the year, dropping 35 percent year-over-year in both Toronto and Vancouver over the past 12 months. But while detached … [read more]
Comments Off on Canadian Luxury Condo Sales Are On The Rise as High-End Detached Home Sales Plunge
November 2nd, 2018
Home sale activity across Metro Vancouver* remained below long-term historical averages in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled … [read more]
Comments Off on Home Listings at Four-Year October High as sales Remain Below Typical Levels
November 1st, 2018
After a slump in inquiries, third quarter sees leap in Metro Vancouver searches on Chinese real estate portal Juwai.com. Following a steep drop-off in Metro Vancouver homes searches by potential … [read more]
Comments Off on Chinese Buyer Interest in Metro Vancouver Real Estate Soars Again
November 1st, 2018
Eitel Insights predicts that Vancouver’s current housing slump won’t bottom until 2020. A maverick real estate analyst who predicted Metro Vancouver’s housing crash a year ago says the current slump … [read more]
Comments Off on Housing Downturn will Last Another 4 Years
October 31st, 2018
The worst may be over in terms of plummeting resale activity in BC, but the provincial housing market isn’t exactly ripe for recovery, suggests a report from Central 1 Credit … [read more]
Comments Off on Home Values are Expected to Decrease in Metro Vancouver Area
October 30th, 2018
It’s going to get a lot worse before it gets better for the Greater Vancouver detached-home market — but when it does, low-rise real estate in the city is going … [read more]
Comments Off on It’s Happening, The Average Detached Vancouver House for $2.8M
October 29th, 2018
It’s not a rosy scenario for Vancouver’s condo market: developers shelving more projects as unit prices drop. But that may be what’s in store for the country’s most expensive high-rise … [read more]
Comments Off on A Spike in Vancouver Condo Supply is Coming
October 28th, 2018
There are a total of 4 condos for sale as of October 28th, 2018 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 October 28, 2018
October 28th, 2018
There are a total of 22 condos for sale as of October 28th, 2018 in The MET & MET2 by Concord Pacific in Burnaby Metrotown area. The smallest condo unit … [read more]
Comments Off on Burnaby Metrotown The MET & MET2 Condos for Sale Updates as of October 28, 2018
October 28th, 2018
There are a total of 45 condos & 1 townhouse for sale as of October 28th, 2018 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 October 28, 2018
October 28th, 2018
There are a total of 14 houses for sale as of October 28, 2018 in New Horizons & Hockaday Coquitlam. There are 5 new listings for houses for sale in … [read more]
Comments Off on Coquitlam New Horizons & Hockaday Houses for Sale Updates as of October 28, 2018
October 28th, 2018
There are a total of 57 houses for sale as of October 28, 2018 in Westwood Plateau Coquitlam. There are 13 new listings for houses for sale in Westwood Plateau … [read more]
Comments Off on Coquitlam Westwood Plateau Houses for Sale Updates as of October 28, 2018
October 27th, 2018
There are a total of 172 condos for sale as of October 27, 2018 in Burnaby Metrotown area. There are 66 new listings for condos for sale in Burnaby Metrotown … [read more]
Comments Off on Burnaby Metrotown Condos for Sale Updates as of October 27, 2018
October 27th, 2018
There are a total of 7 condos and 2 townhouses for sale as of October 27th, 2018 in The Legacy by Bosa in North Burnaby Central area. The smallest condo … [read more]
Comments Off on Burnaby Central The Legacy Condos & Townhouses for Sale Updates as of October 27, 2018
Comments Off on Flippers Represented Only A Minor Proportion of Home Transactions in Toronto & Vancouver