July 11th, 2018
Vancouver is the most expensive city for residential real estate in the country and it’s forcing the city’s homebuyers to stretch their budgets to purchase homes in the hot market. … [read more]
July 11th, 2018
It’s been six months since new mortgage regulations came into effect, which have been blamed for the slowdown in Greater Vancouver’s once red-hot housing market. While the first quarter was … [read more]
Comments Off on How Greater Vancouver’s Housing Market is Holding Up After 6 Months of Stress Test
July 10th, 2018
It seems that more homebuyers are having cold feet about the Vancouver real estate market. “Buyers are less active today. This is allowing the supply of homes for sale to … [read more]
Comments Off on Home Sales Fell Sharply in June Compared to A Year Ago
July 9th, 2018
The Canadian Real Estate Association (CREA) recently updated its forecast for home sales activity through the Multiple Listing Service® (MLS®) for this year and 2019. While many parts of the … [read more]
Comments Off on Canadian Real Estate Market Forecast Updated by CREA
July 9th, 2018
After six months of stricter mortgage regulations and higher interest rates, housing demand in Metro Vancouver continued to decline in June, while supply levels soared. Last month, a total of … [read more]
Comments Off on Where Metro Vancouver Housing Market Stands Halfway Through the Year?
July 7th, 2018
We may have just been given the first indication of how the mortgage stress test has impacted borrowers – and the results aren’t looking great for young buyers trying to … [read more]
Comments Off on Data Suggests Millennials Hard Hit by Mortgage Stress Test
July 6th, 2018
Rising interest rates, tightened lending and tax increases will pose a challenge to its years of rapid growth. Vancouver’s real estate market has been electric for the past few years. … [read more]
Comments Off on Luxury Real Estate Outlook Has Remained “Resilient”
July 6th, 2018
Home sales across Greater Vancouver fell below long-term averages in June, according to Real Estate Board of Greater Vancouver (REBGV) data released July 4. Home sales were 28.7% lower than … [read more]
Comments Off on High Prices, Rising Interest Rates & More Restrictive Mortgage Requirements are Among the Factors Dampening Home Buyer Activity
July 5th, 2018
• RBC’s overall housing affordability measure for Canada in the first quarter reversed the slight improvement it showed late last year • Higher interest rates were the main contributor to … [read more]
Comments Off on Higher Interest Rates Take A Bite Out of Housing Affordability in Q1
July 5th, 2018
SURREY, BC – The Fraser Valley housing market kicked-off summer with a further increase to overall inventory and a downturn in sales across all major residential property types. The Fraser … [read more]
Comments Off on FVREB Housing Market Kicked-Off Summer with Increase Inventory & Simmer Sales
July 5th, 2018
The first quarter of 2018 was dominated by economic forecasts calling for a rough first quarter for the Canadian housing market, followed by a recovery in the spring. But spring … [read more]
Comments Off on When Will The Canadian Housing Market Finally Adjust to New Mortgage Stress Test & Rising Interest Rates?
July 4th, 2018
Canada has some of the highest household debt levels in the world, but last week a new report from Statistics Canada found that that could be starting to change. The … [read more]
Comments Off on Downside of The Cooler Housing Market Restrained Growth in Mortgages Outstanding
July 4th, 2018
Many housing markets in Canada are struggling due to recently introduced mortgage tests for buyers with sales likely to see less growth than expected in 2018, the latest forecast report … [read more]
Comments Off on Mortgage Stress Tests Impact Canadian Property Market More Than Expected
July 4th, 2018
With home sale activity dipping below long-term historical averages, the supply of homes for sale in Metro Vancouver reached a three-year high in June. The Real Estate Board of Greater … [read more]
Comments Off on REBGV Home Seller Supply Grows as Demand Declines
July 3rd, 2018
The Canadian real estate industry just became a little bearish. The Canadian Real Estate Association (CREA), the trade association representing the country’s agents, has revised their 2018 and 2019 sales … [read more]
Comments Off on CREA Lowers Sales Forecast & Declines Rise Over 50%
July 2nd, 2018
While many industry experts predicted that the Canadian housing market would start to warm up in May, sales and prices have remained stubbornly flat, as the effect of a new … [read more]
Comments Off on It Could Be A Long Road to Recovery for The Canadian Housing Market
July 1st, 2018
There are a total of 12 condos for sale as of July 1st, 2018 in The MET & MET2 by Concord Pacific in Burnaby Metrotown area. The smallest condo unit … [read more]
Comments Off on Burnaby Metrotown The MET & MET2 Condos for Sale Updates as of July 1, 2018
July 1st, 2018
There are a total of 4 condos for sale as of July 1st, 2018 in Metortown Chancellor by Polygon Home in Burnaby area. The smallest condo unit is 841 sqft … [read more]
Comments Off on Burnaby Metrotown Chancellor Condos for Sale Updates as of July 1, 2018
July 1st, 2018
There are a total of 13 condos & 2 townhouses for sale as of July 1st, 2018 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
Comments Off on Coquitlam New Horizons The Windsor Gate Condos & Townhouses for Sale Updates as of July 1, 2018
July 1st, 2018
The property market in Canada seems to be in a slump with the latest figures showing that sales were unchanged from April to May and nationally prices are down 6.4% … [read more]
Comments Off on Property Market Slump in Canada Sees Annual Price Growth Down & Sales Unchanged
July 1st, 2018
There are a total of 15 houses for sale as of July 1, 2018 in New Horizons & Hockaday Coquitlam. There are 13 new listings for houses for sale in … [read more]
Comments Off on Coquitlam New Horizons & Hockaday Houses for Sale Updates as of July 1, 2018
July 1st, 2018
There are a total of 54 houses for sale as of July 1, 2018 in Westwood Plateau Coquitlam. There are 19 new listings for houses for sale in Westwood Plateau … [read more]
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Comments Off on Why More Homebuyers in Vancouver & Toronto Exceeding the Home Buying Budget?