September 21st, 2018
It was quite the second quarter for Canada’s commercial real estate market, with a record $16.5 billion worth of investment, sitting a whopping 105% above the five-year quarterly average. Toronto … [read more]
September 20th, 2018
A major Canadian housing price index flattened out in August, with one economist writing that the market is weaker than some industry watchers might believe. The Teranet-National Bank Composite Price … [read more]
Comments Off on Weak Canadian Home Price Growth Trend Only Reflect Seasonal Patterns
September 19th, 2018
To find out, we asked Bryan Yu, deputy chief economist at Central 1 Credit Union. Here’s his forecast. The lead-up Housing market conditions have shifted since the end of 2017, … [read more]
Comments Off on Where’s The Real Estate Market Headed?
September 18th, 2018
Vancouver’s existing-home market has been battered by provincial policy interventions, mortgage rules, and rising interest rates. Now, it faces another potential threat — new condos. “A swath of new condos … [read more]
Comments Off on New Condos Could Be Another Potential Threat for the Housing Downturn
September 17th, 2018
August saw housing markets across Canada post year-over-year home prices gains, in what many are calling the end of a policy-induced cooling period. But will the jump in activity carry … [read more]
Comments Off on Home Price Gains are A Sign of the Policy-Induced Cooling Period
September 14th, 2018
For the second month in a row, prices for all housing types in Vancouver have fallen as home sales remain far below year-ago levels. In August, a total of 1,929 … [read more]
Comments Off on Prices for All Housing Types in Vancouver Have Fallen for the 2nd Month in A Row
September 13th, 2018
VANCOUVER — The Real Estate Board of Greater Vancouver says prices for detached homes, townhouses and condos have fallen for two consecutive months in Metro Vancouver. The board says the … [read more]
Comments Off on Vancouver Home Prices Edge Lower for 2 Months in A Row
September 13th, 2018
Vancouver, BC – September 13, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 6,743 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA August Home Sales Suggest Impact of Stress Test Fading
September 12th, 2018
In August the Teranet–National Bank National Composite House Price IndexTM was up 0.2% from the previous month. Removing normal seasonal patterns (seasonal adjustment), the index would have been virtually flat, … [read more]
Comments Off on Weakness in Toronto & Vancouver After Seasonal Adjustment
September 11th, 2018
In its recent survey, the Angus Reid Institute found that elevated prices have taken their toll upon millennials in the nation’s hottest markets, with a significant proportion describing their experiences … [read more]
Comments Off on Housing Makes Young Adults in Toronto & Vancouver “Miserable”
September 10th, 2018
The Canadian housing market is facing significant headwinds heading into the fall, and it’s still unclear how it will navigate them. From a rising interest rate environment, to worryingly high … [read more]
Comments Off on What Canadian Homeowners should Know About the Housing Market in September
September 10th, 2018
In its latest analysis using data from CREA, Better Dwelling arrived at a surprising result : Vancouver was not even in the top three markets in Canada that had the … [read more]
Comments Off on Vancouver Home Price Growth Not the Fastest Nationwide
September 9th, 2018
National home sales increased by 1.9% in July in Canada while prices have been largely unchanged, up just 1% year in year, the latest index report shows. The data from … [read more]
Comments Off on Property Price in Canada Up 1.9% Year on Year
September 7th, 2018
While the Canadian housing market continued to cool for much of the second quarter of 2018, housing affordability deteriorated in most of its major markets. The ratio of homeowners mortgage … [read more]
Comments Off on Canadian Housing Affordability Deteriorated in 7 Out of 10 Major Markets
September 7th, 2018
After a rough start to the year, the Canadian economy expanded by 2.9% in Q2, as the housing market finally adjusted to the effects of a new mortgage stress test. … [read more]
Comments Off on Canadian Real Estate Investment is Finally Rising Again
September 6th, 2018
Housing demand was down across the region’s housing market in August, the Real Estate Board of Greater Vancouver (REBGV) announced September 5, with sales 25.2% below the 10-year average for … [read more]
Comments Off on Metro Vancouver Home Sales Fall 37% in August
September 6th, 2018
SURREY, BC – Market activity declined further in August with sales dropping to their lowest level this year. The Fraser Valley Real Estate Board processed 1,155 sales of all property … [read more]
Comments Off on Fraser Valley Sees Further Decline in Activity in August
September 5th, 2018
New listings were down in more than half of all local markets, led by Calgary, Edmonton and Greater Vancouver Actual sales (not seasonally adjusted) on Canadian MLS Systems were down … [read more]
Comments Off on New Mortgage Stress Test Continues to Hamper Canadian Home Sales
September 5th, 2018
The Metro Vancouver housing market continues to experience reduced demand across all housing types. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region … [read more]
Comments Off on REBGV Home Buyer Demand Stays Below Historical Averages in August
September 4th, 2018
VANCOUVER (NEWS 1130) – Rising prices and dropping sales have prompted more speculation about what’s in store for Greater Vancouver real estate. The BC Real Estate Association is predicting prices … [read more]
Comments Off on Buying A Condo in Metro Vancouver May Get Harder in 2019
September 4th, 2018
The hot summer selling market has come to an end. Kids are back in school. Listings that were freshly on the market in spring and summer are now long in … [read more]
Comments Off on Real Estate After Labor Day
September 4th, 2018
After months of slumping activity, economists and industry watchers alike have been waiting to see when the Canadian housing market would get back on its feet. Now, according to a … [read more]
Comments Off on TD : The Canadian Housing Market Stage is Set for A Major Comeback
Comments Off on Demand for Commercial Real Estate Sits at An All-Time High