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]
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]
Comments Off on Today’s Housing Market for Millennials Generation
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]
Comments Off on Housing Starts Roar as Sales Go Quiet
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]
Comments Off on What is Stopping Canadians from Buying A Home?
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
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft March 2018
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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April 12th, 2018
Metro Vancouver home sales over the first quarter of this year were the lowest in five years, but statistics from the Real Estate Board of Greater Vancouver also showed that … [read more]
Comments Off on Vancouver Home Sales Slow Down But Prices Remain Inflamed
April 12th, 2018
Vancouver, BC – April 12, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 7,409 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA Policy Induced Demand Slide Does Little to Impact Supply
April 11th, 2018
Although Vancouver condo sales continued to drop in March, almost half of those sales were sold above asking price. Vancouver realtor Steve Saretsky says this confirms that bidding wars are … [read more]
Comments Off on Will Bidding Wars in Vancouver’s Condo Market Slow Down Anytime Soon?
April 11th, 2018
Canadian home buyers rejoice — according to a new report from RBC, the housing market is more affordable now than it has been in years. The bank’s national housing affordability … [read more]
Comments Off on Canadian Housing Affordability is Finally Improving for the First Time in 2 Years
April 10th, 2018
Metro Vancouver home sales just recorded the lowest first-quarter total since 2013. And, the Real Estate Board of Greater Vancouver (REBGV) points the finger squarely at the introduction of stricter … [read more]
Comments Off on Rising Rates & Mortgage Rules Weighted on Vancouver’s Housing Market
April 9th, 2018
The first quarter of 2018 was a particularly rough one for the Canadian housing market, which saw sales plunge year-over-year for three consecutive months. It was a particularly dramatic drop … [read more]
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Comments Off on Vancouver Home Sales Down 30% After New Mortgage Rules Dampen Demand