National Composite Index : Flat in September In September the Teranet–National Bank National Composite House Price IndexTM came in flat from the month before,1 matching the historical average for September … [read more]
Vancouver condo listings are rising amid weakened demand, a perfect recipe for lower selling prices and a trend experts suggest won’t reverse in the near future. “I think we’re really … [read more]
Vancouver, BC – October 11, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 5,573 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
After a period of cooling earlier in the year, plenty of headlines have focused on a rebound in the Canadian housing market over the past quarter. But according to a … [read more]
Millennials, the largest group of home sellers, are the most likely to make concessions, change the date of their closing and have an offer fall through, according to the 3rd … [read more]
September home sales across Metro Vancouver fell to 36.1% below the 10-year average for the month, according to Real Estate Board of Greater Vancouver (REBGV) data released October 2, as … [read more]
It Would Take Nearly 120% of Household Income to Cover Costs of A Single-Family Detached Home in the Region. Housing affordability has fallen to “never-seen-before” levels in Vancouver, according to … [read more]
While housing activity in Toronto and Vancouver has cooled considerably over the past year, both cities remain in what one investment bank considers housing bubble territory. With home prices out … [read more]
Vancouver’s commercial real estate investment market yielded $3.2 billion worth of deals during Q2 2018, according to CBRE Ltd. This was propelled by activity involving Vancouver-based Pure Industrial Real Estate … [read more]
Following a lacklustre summer performance, Metro Vancouver’s $1 million-plus real estate market is set to see even greater declines this fall, according to a Sotheby’s forecast released September 26. The … [read more]
It’s been a rough year for BC’s housing market as it faced a one-two punch from tighter mortgage regulations and higher interest rates, both of which have left many potential … [read more]
National home sales crept up 0.9% month-over-month in August, part of the Canadian housing market’s current warming phase, which began earlier this summer. While the sales bump is a welcome … [read more]
The residential housing market in Canada is expected to remain muted for the rest of 2018 and into 2019, according to the latest forecast. Economic and demographic fundamentals remain supportive … [read more]
BC’s home owners, on average, have the highest average net worth throughout Canada at more than $1.1 million, but they are also the ones who bear the greatest interest costs … [read more]
SURREY, BC – The slowing of sales activity and expansion of overall inventory that has defined much of 2018 for the Fraser Valley housing market continued in September, with sales … [read more]
Two years after the province raised the property transfer tax on purchases of residential real estate by foreign nationals in Metro Vancouver, foreign participation in the market has dropped markedly … [read more]
The Canadian housing market continued to warm up in August, as national home sales climbed 0.9% month-over-month. The modest growth reflects a market which has largely adjusted to the effects … [read more]
The supply of homes for sale continued to increase across the Metro Vancouver* housing market in September while home buyer demand remained below typical levels for this time of year. … [read more]
Anyone hoping for a more affordable housing market in Vancouver will be disappointed if a Scotiabank Economics report proves correct. “Though demand-supply conditions are improving, affordability is expected to remain … [read more]
Major industry observers are predicting that national home prices will rise by a miniscule median of 1.7% this year, according to a Reuters survey conducted in early September. This growth … [read more]
There are a total of 3 condos for sale as of September 30th, 2018 in Metortown Chancellor by Polygon Home in Burnaby area. The smallest condo unit is 817 sqft … [read more]
There are a total of 18 condos for sale as of September 30th, 2018 in The MET & MET2 by Concord Pacific in Burnaby Metrotown area. The smallest condo unit … [read more]
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