April 23rd, 2018
After two consecutive sales drops in January and February, industry watchers wondered if March would bring some relief to the rapidly cooling Canadian housing market. And it did — according … [read more]
April 22nd, 2018
New Westminster and Port Moody real estate still have the edge on value What’s a buyer to do? Despite the threat of rising rates, tighter mortgage regulations and well-intentioned government … [read more]
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April 22nd, 2018
Canadian builders continued their elevated pace of construction in March, with developers producing another stronger-than-expected result. Builders began work on an annualized 225,213 units during the month, Canada Mortgage and … [read more]
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April 21st, 2018
Single-family home sales in Metro Vancouver are off to a slow start this year, and with the recent implementation of the BC government’s new housing policies, activity might not pick … [read more]
Comments Off on Facts That Show Softened Activity in Metro Vancouver’s Detached Segment
April 21st, 2018
A major index tracking Canadian home prices flattened out in March and, according to one economist, it could be a sign that the housing market is finally balancing out. The … [read more]
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April 20th, 2018
Although the BC government recently implemented a new housing plan to curb demand and slow skyrocketing prices, housing affordability is slated to deteriorate further this year and in 2019. According … [read more]
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April 19th, 2018
Demand for homes in Greater Vancouver and across British Columbia as a whole was down in March due in large part to more stringent federal mortgage qualification regulations that became … [read more]
Comments Off on Vancouver Home Sales Down 30% After New Mortgage Rules Dampen Demand
April 18th, 2018
It’s a debate that pre-dates the invention of avocado toast : which generation has had the toughest time breaking into the Toronto real estate market? Boomers, who purchased their single-family … [read more]
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April 18th, 2018
As housing sales dropped to the lowest level in five years, Metro Vancouver new home starts have soared in the first quarter of the year, with starts in Vancouver alone … [read more]
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April 18th, 2018
Home sales in British Columbia plummeted last month compared with March of last year, but the BC Real Estate Association stated that the decline was not reflected in prices. Sales … [read more]
Comments Off on BC Market Sustains Upward Trend in Prices
April 17th, 2018
Although foreign buyer taxes have been introduced in two major Canadian metros over the past two years, Americans are still choosing their neighbour to the north as a prime spot … [read more]
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April 17th, 2018
The value of British Columbia’s largest construction starts has rebounded after steep 2015-16 declines. The average estimated value of construction starts in BC fell 71.3%, or $474.9 million, from $668 … [read more]
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April 16th, 2018
The first quarter of 2018 saw a serious drop in national home sales, which has been largely attributed to a new mortgage stress test that came into effect on January … [read more]
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April 15th, 2018
Comments Off on Burnaby Metrotown Area Condo Resale Average Price/Per Sqft March 2018
April 15th, 2018
Comments Off on Coquitlam New Horizons Area Condo Resale Average Price/Per Sqft March 2018
April 15th, 2018
Comments Off on Coquitlam New Horizons Area Detached-Home Resale Average Price/Per Sqft March 2018
April 15th, 2018
Comments Off on Coquitlam Westwood Plateau Area Detached-Home Resale Average Price/Per Sqft March 2018
April 14th, 2018
Comments Off on Burnaby North Brentwood Area Condo Resale Average Price/Per Sqft March 2018
April 14th, 2018
Comments Off on REBGV Townhouse Resale Average Price/Per Sqft March 2018
April 14th, 2018
Comments Off on REBGV Condo Resale Average Price/Per Sqft March 2018
April 14th, 2018
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April 13th, 2018
The Teranet–National Bank National Composite House Price IndexTM was unchanged in March – the first time outside a recession when the March composite index was not up at least 0.2 … [read more]
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Comments Off on The Canadian Housing Market Started to Get Back on Its Feet