August 30th, 2018
While the Canadian housing market has seen a slight uptick in activity over the past few months, one economist warns that it will be quite awhile before the market returns … [read more]
August 30th, 2018
Vancouver, BC – August 30, 2018. The BCREA Commercial Leading Indicator (CLI) recovered in the second quarter following a rare first quarter decline. The index rose 1.9 points to an … [read more]
Comments Off on BCREA Commercial Leading Indicator Bounces Back in Second Quarter
August 29th, 2018
National home sales and prices improved this July, after a shaky first half of the year. Average prices edged up 1% year-over-year to $481,500, according to the Canadian Real Estate … [read more]
Comments Off on Mortgage Stress-Testing Boosting Condo Sales & More Balanced Markets
August 29th, 2018
Canadian home prices have cooled considerably over the past few months and, according to one economist, that’s unlikely to change any time soon. “After the fireworks of 2016 and 2017 … [read more]
Comments Off on Soft Activity & Tamer Pricing Prompted to Revised the Resales Forecast
August 29th, 2018
In a recent study, real estate information portal Zoocasa looked at the sales-to-listings ratios of housing markets nationwide. Using data from local real estate boards, the analysis ranked markets based … [read more]
Comments Off on Canada’s Top Buyers’ & Sellers’ Markets & Sales-to-Listings Ratios
August 28th, 2018
Despite exhibiting consistently inflamed price averages, BC’s housing market still offers some pockets of relative affordability that households can take advantage of, according to a new analysis by real estate … [read more]
Comments Off on BC Cities with Slightly More Affordable Homes
August 28th, 2018
If someone hasn’t been following Canada’s real estate market over the past year, the latest data from the Canadian Real Estate Association (CREA) may give the impression that not much … [read more]
Comments Off on Canadian Summer Housing Market Balance Stats are Now Very Close to Normal
August 27th, 2018
In its last quarterly assessment of major Canadian real estate markets, Canada Mortgage and Housing Corporation flagged Vancouver for showing signs of being overvalued. Now, news magazine the Economist has … [read more]
Comments Off on CMHC Flagged Vancouver Market as Being 65% Overvalued
August 27th, 2018
While Canada’s economy has remained relatively strong over the past year, some economists are worried about its competitiveness on the global stage. “We have long fretted about Canadian competitiveness due … [read more]
Comments Off on Canada’s Housing Market Continues to Take A Bite Out of Its Global Competitiveness
August 25th, 2018
The Canadian real estate industry is used to disregarding gloomy predictions. But now, after a decade of laughing in the face of repeated false warnings that a housing slump was … [read more]
Comments Off on Buyers, Owners, Professionals & Economists Wait Anxiously for Latest Clues on Real Estate Future
August 24th, 2018
Stricter mortgage qualification rules that came into effect at the start of the year continued to take a bite out of home sales activity in BC for a seventh straight … [read more]
Comments Off on How is The Housing Market Still Balanced While Home Sales Are Down 24% in BC?
August 23rd, 2018
A major Canadian housing price index continued to rise in July, but one economist warns that the jump in prices isn’t necessarily a good sign for the market. The Teranet-National … [read more]
Comments Off on A Rise in Teranet-National Bank HPI Doesn’t Mean Prices Are Rebounding
August 22nd, 2018
Canadian home sales were up for the second consecutive month in July, prompting industry watchers to wonder if the market had finally adjusted to the effects of various government policies. … [read more]
Comments Off on The Canadian Housing Market Is Not Out of The Woods Yet
August 21st, 2018
Canadian home construction has been on a roll this year, with a massive 246,000 seasonally adjusted housing starts in June, and 206,300 in July. According to one economist, it’s the … [read more]
Comments Off on Canadian Home Construction Hasn’t Been This Hot in A Decade
August 20th, 2018
During the first half of 2018, Canada’s housing market was slow-moving, as new mortgage regulations combined with rising interest rates dampened activity. However, Canadian real estate firm Royal LePage predicts … [read more]
Comments Off on Canada’s Housing Market Expected to Blossom in Coming Months
August 20th, 2018
Vancouver, BC – August 20, 2018. The British Columbia Real Estate Association (BCREA) released its 2018 Third Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in the … [read more]
Comments Off on BCREA 2018 Third Quarter Housing Forecast Update – Housing Market Reacts to Mortgage Stress Test
August 19th, 2018
Comments Off on REBGV Burnaby Metrotown Condo Resale Average Price/Per Sqft July 2018
August 19th, 2018
Comments Off on REBGV Coquitlam New Horizons Condo Resale Average Price/Per Sqft July 2018
August 19th, 2018
Comments Off on REBGV Coquitlam New Horizons Detached-Home Resale Average Price/Per Sqft July 2018
August 19th, 2018
Prime property price growth in key cities around the world is falling, up just 2.6% in the 12 months to June 2018, the weakest annual rise since the first quarter … [read more]
Comments Off on Top-End Property Markets in Key Global Cities See Price Growth Slowing Down to 2.6%
August 19th, 2018
Comments Off on REBGV Coquitlam Westwood Plateau Detached-Home Resale Average Price/Per Sqft July 2018
August 18th, 2018
Comments Off on REBGV Burnaby Brentwood Area Condo Resale Average Price/Per Sqft July 2018
Comments Off on The Canadian Housing Market is Still Waiting on A Pick Up in Activity