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]
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]
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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]
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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]
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November 18th, 2018
Comments Off on REBGV Coquitlam New Horizons Area Detached-Home Resale Average Price/Per Sqft October 2018
November 18th, 2018
Comments Off on REBGV Coquitlam Westwood Plateau Area Detached-Home Resale Average Price/Per Sqft October 2018
November 17th, 2018
Comments Off on REBGV Burnaby Brentwood Area Condo Resale Average Price/Per Sqft October 2018
November 17th, 2018
Comments Off on REBGV Condo Resale Average Price/Per Sqft October 2018
November 17th, 2018
Comments Off on REBGV Townhouse Resale Average Price/Per Sqft October 2018
November 17th, 2018
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft October 2018
November 16th, 2018
As resale prices and sales activity march lower overall in Vancouver, the number of new condos sold climbed last quarter, according to a new report from Urban Analytics. The real … [read more]
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November 16th, 2018
Tighter mortgage rules and higher interest rates have dented buying power, but health of the economy backs higher demand. The British Columbia Real Estate Association estimates that economic growth will … [read more]
Comments Off on Real Estate Forecast Anticipates 2019 Sales to Edge Up After 2018’s Fall
November 15th, 2018
Housing affordability reports for the third quarter of 2018 are coming in, and they’re not looking pretty. Affordability worsened in nine out of 10 urban markets last quarter, according to … [read more]
Comments Off on Demand for Condos is Up as Canadian are Priced Out of Single-Family Homes
November 15th, 2018
BC home sales are forecast the plummet 23% by the end of 2018 compared with the previous year, according to a new report from the BC Real Estate Association (BCREA). … [read more]
Comments Off on BCREA Forecasts Home Sales to Fall 23% by End of 2018 but Eventually Pick-Up Again Next Year
Comments Off on Buyers Remain Concerned About Higher Interest Rates & The Cost of Homeownership