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]
Just like Vancouver’s conventional housing market, activity in the city’s luxury segment took a nosedive in the first half of 2018. And this downward trend is likely to continue through … [read more]
Freddie Mac raised few eyebrows today when it reiterated what most of us already knew – that the rising costs of housing are the biggest hurdle for younger people trying … [read more]
Vancouver, BC – July 13, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 7,884 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
A Fraser Valley land rush that has driven prices up three fold in the last two years has helped make land the dominant real estate investment in the Lower Mainland. … [read more]
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