July 26th, 2018
Stricter mortgage qualification legislation continues to play a part in the real estate market across Greater Vancouver and the province as a whole, according to new data from the British … [read more]
July 25th, 2018
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]
Comments Off on BC Housing Markets Return to Balanced Territory As Demand Continues to Decline
July 24th, 2018
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]
Comments Off on Vancouver Continued to Outperform All Canadian & Many International Markets
July 24th, 2018
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]
Comments Off on The Canadian Housing Markets is Warming Up
July 23rd, 2018
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]
Comments Off on Teranet–National Bank Composite HPI Has Made Up the Ground Lost in Second Half of 2017
July 22nd, 2018
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]
Comments Off on Canada’s Luxury Property Markets Maintain Strong Performances
July 22nd, 2018
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]
Comments Off on Property Sales Increase in Canada for First Time in 2018 But Still at 5-Year Low
July 21st, 2018
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]
Comments Off on Reason for Optimism in Canadian Housing Market as Buyer Competition Heats Up
July 20th, 2018
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]
Comments Off on The Housing Sales will Markedly Improve by the End of Summer
July 20th, 2018
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]
Comments Off on Toronto & Vancouver’s Housing Markets are Headed in Opposite Directions
July 19th, 2018
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]
Comments Off on Greater Vancouver Condo Prices Continue to Skyrocket
July 19th, 2018
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]
Comments Off on Vancouver Housing Market Has the Weakest Performance Since Late-2016
July 19th, 2018
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]
Comments Off on Burnaby Becoming Buyer’s Market for Detached Homes
July 18th, 2018
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]
Comments Off on New Mortgage Rules & Taxes Haven’t Stopped Canadian House Prices from Returning to Growth
July 18th, 2018
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]
Comments Off on Vancouver Detached Home Sales Plunge to 27-Year Low After New Mortgage Rules
July 17th, 2018
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]
Comments Off on Vancouver Housing Sales Drop as Prices Flatline
July 16th, 2018
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]
Comments Off on Where Are Canadian Housing Prices Headed for the Rest of the Summer?
July 15th, 2018
Comments Off on REBGV Burnaby Metrotown Condo Resale Average Price/Per Sqft June 2018
July 15th, 2018
Comments Off on REBGV Coquitlam New Horizons Condo Resale Average Price/Per Sqft June 2018
July 15th, 2018
Comments Off on REBGV Coquitlam New Horizons Detached-Home Resale Average Price/Per Sqft June 2018
July 15th, 2018
Comments Off on REBGV Coquitlam Westwood Plateau Detached-Home Resale Average Price/Per Sqft June 2018
July 14th, 2018
Comments Off on REBGV Burnaby Brentwood Condo Resale Average Price/Per Sqft June 2018
Comments Off on Stricter Mortgage Rules Are Bringing Most Markets Around the Province Back Into Balanced Conditions