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]
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]
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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]
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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
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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
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June 16th, 2018
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June 16th, 2018
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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]
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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
June 12th, 2018
Cooling demand in Metro Vancouver’s housing market allowed supply to accumulate in May, however, the amount of homes for sale still remain below long-term averages. In May, a total of … [read more]
Comments Off on How Easing Demand Pushed Up Housing Supply in Greater Vancouver
June 11th, 2018
VANCOUVER (NEWS 1130) – Tougher mortgage qualification rules did not stop Vancouver-area home prices from heating up in May, posting double-digit gains driven by the condo market. The Real Estate … [read more]
Comments Off on Vancouver’s Market Saw Double-Digit Gains Driven by the Condo Market in May
June 11th, 2018
The Canadian housing market certainly got off to a cooler start in 2018 than many had predicted. Home sales and prices have continued to drop on a year-over-year basis, leaving … [read more]
Comments Off on What to Expect from The Canadian Housing Market in the 2nd Half of 2018
June 10th, 2018
Vancouver, BC – June 7, 2018. The BCREA Commercial Leading Indicator (CLI) declined for the first time in three years, falling 1.5 points in the first quarter of 2018 to … [read more]
Comments Off on Commercial Leading Indicator Points to Slower Activity on the Horizon
June 8th, 2018
Home sales across Greater Vancouver may be soft so far this year compared with the past couple of years, but that won’t be enough to bring average prices down, according … [read more]
Comments Off on Residential Sales Forecast to Slow Further This Year But Recover Next Year
June 7th, 2018
As BC’s economy slows down over the next two years, its housing market will also ease and will be marked by declining home sales into 2020. This year, residential sales … [read more]
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Comments Off on Canada’s Recreational Home Sales “Robust” Heading into Summer Season