June 21st, 2018
Over the past two years, Canadian home buyers have had to endure two major changes to mortgage qualification rules. And while the regulations have been rationalized as an effective way … [read more]
June 21st, 2018
OTTAWA — The Canadian Real Estate Association is lowering its national home sales forecast for this year due to weaker sales in BC and Ontario. The industry association which represents … [read more]
Comments Off on CREA is Lowering Its National Home Sales Forecast Due to Weaker Sales in BC & Ontario
June 20th, 2018
It’s been more than 5 months since the roll-out of new mortgage rules that forced even homebuyers with a larger downpayment to undergo a financial stress test. A lot has … [read more]
Comments Off on Why Aren’t Home Prices Falling?
June 20th, 2018
As boomers begin to retire, the vacancy rate for seniors-friendly homes is lower than ever before, as Canadians look for places to downsize. The vacancy rate for seniors’ residences fell … [read more]
Comments Off on Aging Demographics Could Cause A Surge of Demand in The Canadian Housing Market
June 19th, 2018
With condo sales in the City of Vancouver losing steam, one realtor says price growth could also ease in the near future. According to a recent blog post from Vancouver-based … [read more]
Comments Off on Slowing Sales Are Helping to Push Condo Inventory Higher
June 19th, 2018
Breathing Space Several reports in the last week point to investors seeking breathing room, which means a break, if not a brake, for the market. On the commercial side, Altus … [read more]
Comments Off on Signs Point to A Real Estate Breathing Space in the Province
June 18th, 2018
Price of vacation homes is expected to rise 5.8% by end of September. If you’re on the hunt for the perfect summer hideaway, be prepared to spend more on your … [read more]
Comments Off on Canada’s Recreational Home Sales “Robust” Heading into Summer Season
June 18th, 2018
Similar to the rest of the country, stricter mortgage regulations that came into effect in January continued to weigh on BC home sales in May. Last month, a total of … [read more]
Comments Off on Tighter Mortgage Rules Continue to Weigh on BC’s Housing Affordability
June 18th, 2018
The Canadian economy grew just 1.3% in the first quarter of 2018, as falling home sales took a serious bite out of the economy. And it looks like things aren’t … [read more]
Comments Off on Falling Home Sales Took A Serious Bite Out of The Economy
June 17th, 2018
Comments Off on REBGV Burnaby Metrotown Area Condo Resale Average Price/Per Sqft May 2018
June 17th, 2018
Comments Off on REBGV Coquitlam New Horizons Area Condo Resale Average Price/Per Sqft May 2018
June 17th, 2018
Comments Off on REBGV Coquitlam New Horizons Area Detached-Home Resale Average Price/Per Sqft May 2018
June 17th, 2018
Comments Off on REBGV Coquitlam Westwood Plateau Area Detached-Home Resale Average Price/Per Sqft May 2018
June 16th, 2018
Comments Off on REBGV Burnaby Brentwood Area Condo Resale Average Price/Per Sqft May 2018
June 16th, 2018
Comments Off on REBGV Condo Resale Average Price/Per Sqft May 2018
June 16th, 2018
Comments Off on REBGV Townhouse Resale Average Price/Per Sqft May 2018
June 16th, 2018
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft May 2018
June 15th, 2018
The Canadian housing market is starting to slip out of its spot as one of the most expensive markets in the world, according to a new report. As the market … [read more]
Comments Off on The Canadian Housing Market Just Dropped Most Expensive Global Ranking
June 15th, 2018
Vancouver, BC – June 15, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 8,837 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA Mortgage Policy Changes Hit Affordability Hard
June 14th, 2018
After a slow first quarter of condo pre-sales in Metro Vancouver and Fraser Valley, sales are expected to pick up this summer as buyers head back into the market. In … [read more]
Comments Off on Metro Vancouver’s Pre-Sale Condo Sales Expected to Pick Up This Summer
June 13th, 2018
Canadian home sales have been falling on a year-over-year basis ever since a new mortgage stress test was implemented in January. And while many industry watchers had predicted the market … [read more]
Comments Off on Mortgage Stress Test is Causing More Than A “Dip” in Housing Market
June 13th, 2018
In May the Teranet–National Bank National Composite House Price IndexTM was up 1.0% from the previous month. This confirms the index stabilization following the downward trend that prevailed over the … [read more]
Comments Off on Teranet-National Bank HPI- The Stabilization of Home Prices Confirmed in May
Comments Off on New Mortgage Rules Are to Blame for Fast-Rising Condo Prices