As a result of the stricter mortgage regulations that rolled out nationwide six months ago, housing demand in British Columbia continued to soften in June, pushing most markets into balanced … [read more]
On a global scale, home prices are rising at their slowest rate since 2015. But, in the first quarter of 2018, the City of Vancouver continued to outperform all Canadian … [read more]
This week brought the news that Canadian home sales jumped 4.1% in June, a second consecutive monthly sales increase, and seemingly a sign that the market’s activity slump was finally … [read more]
In June the Teranet–National Bank National Composite House Price Index™ was up 0.9% from May. Though large at first glance, the increase was the third-smallest for June in the last … [read more]
Outstripping 2017 performance in multiple measures, the Canadian high-end real estate market has posted robust numbers in the first half of this year amid a climate of uncertainty brought about … [read more]
Residential property sales in Canada increased in June compared with the previous month but are still well down on a year ago while prices also fell on an annual basis, … [read more]
A slight uptick in sales last month could be a sign of improved housing market stability, according to the Canadian Real Estate Association, as buyers have finally absorbed the impact … [read more]
Home sales in the country rose 4% in June over May, and Toronto led the charge with a whopping 17% increase. According to the Canadian Real Estate Association, Toronto has … [read more]
In recent years, activity in Toronto and Vancouver’s housing markets has tended to move in the same direction. But according to one economist, that has started to change. The two … [read more]
Greater Vancouver home price growth has eased this year with the introduction of a new mortgage stress test, higher interest rates and new BC housing policies. That didn’t stop condo … [read more]
June was a relatively positive month for the Canadian housing market, as a slight uptick in sales hinted that the market was beginning to adjust to the new mortgage stress … [read more]
The number of detached homes selling in Burnaby is dropping – and prices are following suit. A total of 56 detached homes sold in the city last month, down from … [read more]
All the new headwinds facing Canada’s homebuyers — from tough new mortgage “stress tests” and foreign buyers’ taxes to rising interest rates — haven’t stopped house prices from returning to … [read more]
It’s been six months since stricter mortgage regulations came into effect and the measures are linked to persistent sales declines in the City of Vancouver’s detached housing market. Last month, … [read more]
Home sales in the Vancouver region have tumbled to their lowest level in six years while prices flatline, with listings languishing on the market. There have been fewer home buyers … [read more]
The latest housing data releases out of Vancouver and Toronto saw prices start to move upwards, after months of slumping activity. But will the market continue to warm up, or … [read more]
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