February 9th, 2018
Prospective homebuyers say they won’t be jumping into the Canadian housing market anytime soon if interest rates continue to rise. According to the Canada Mortgage and Housing Corporation’s (CMHC) 2018 … [read more]
February 9th, 2018
The latest wide-ranging market outlook released by Morguard Corporation painted a confident picture of the Canadian real estate investment segment’s robust activity this year, a trend fuelled by a healthy … [read more]
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February 8th, 2018
Slowing Momentum Affordability was the elephant in the room at the annual Urban Development Institute (UDI) forecast luncheon on January 18. While few panellists mentioned it by name, its shadow … [read more]
Comments Off on Housing Momentum Slowing but More Supply Still Needed
February 7th, 2018
The Canadian real estate market is supposed to be in the midst of a soft-landing, as the effects of a new mortgage stress test and an interest rate hike begin … [read more]
Comments Off on CMHC Housing Market Still Highly Vulnerable
February 7th, 2018
In its latest report, the Real Estate Board of Greater Vancouver said that demand will continue to be high for condominiums and townhomes in the region, but less so for … [read more]
Comments Off on Vancouver’s Condos & Townhomes Remain in High Demand
February 6th, 2018
Greater Vancouver is one of Canada’s — and the world’s — most expensive housing markets, but 40 years ago it was a very different story. In 1977, the average … [read more]
Comments Off on REBGV Home Prices Have Increased Significantly in the Last 40 Years
February 5th, 2018
Metro Vancouver condo and attached homes continued to dominate demand in the region last month. Thanks to the strong interest in the typically more affordable housing types, overall residential sales … [read more]
Comments Off on Demand for Vancouver Condos & Attached Homes Dominated January
February 4th, 2018
Foreign investment into the US luxury residential real estate market has jumped to a new record high of $7.48 billion, with Miami, Manhattan and Los Angeles proving to be the … [read more]
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February 3rd, 2018
For months now, economists have been saying that the Canadian real estate market is heading towards a “soft landing,” as higher interest rates and new mortgage rules coax prices down … [read more]
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February 3rd, 2018
The Metro Vancouver housing market remained stable in January with the average home price rising 0.6%, compared with December, to $1,056,500. This came as sales fell 9.8%, compared with December, … [read more]
Comments Off on Vancouver Home Prices Rise as Sales Fall in January
February 2nd, 2018
Attached and apartment homes are in demand across Metro Vancouver while detached home buyers are facing less competition today. The Real Estate Board of Greater Vancouver (REBGV) reports that residential … [read more]
Comments Off on Home Buyer Demand Depends on Property Type
February 2nd, 2018
There’s no slowing demand for condos in Metro Vancouver’s hot market, at least for now. According to two Vancouver realtors, the market continues to show its strength, despite stricter mortgage … [read more]
Comments Off on Strong Condo Demand Persists Despite Stricter Mortgage Rules & Interest Rate Hikes
February 1st, 2018
Record Volume Purpose-built rental apartments are a hot topic these days as politicians continue to seek to be seen to be doing something about housing affordability. Preliminary year-end numbers from … [read more]
Comments Off on Metro Apartment Sales Broke Through the $2 Billion Mark
January 31st, 2018
2017 was a year of record highs and worry-inducing lows for the Canadian real estate market. Huge demand pushed prices up to an all-time high in April, before Ontario’s Fair … [read more]
Comments Off on How Far Canadian Home Prices Have Fallen from Last Spring?
January 31st, 2018
Problematic conditions remain a key concern in Metro Vancouver’s housing market. As of the end of September 2017, the hot market continued to experience significant imbalances, with strong evidence of … [read more]
Comments Off on Metro Vancouver’s “Two-Speed” Housing Market Continues to Face High Vulnerability
January 30th, 2018
Runaway Metro Vancouver condominium sales were projected to take a hit this month from more expensive mortgages. But it appears that many buyers missed that memo. The Bank of Canada … [read more]
Comments Off on Lower Mainland Condo is Now Seeing A Slingshot Effect
January 30th, 2018
There’s never a dull day in real estate. Last year started off with a big nervous question : Will the Canadian housing market crash? In 2018, the new year started … [read more]
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January 29th, 2018
Last year was a blockbuster for Canada’s real estate developers after work began on the most homes in a decade amid soaring demand nationwide. Construction started on 219,675 units, according … [read more]
Comments Off on Canadian Home Construction Boom Amid Soaring Demand Nationwide
January 28th, 2018
There are a total of 3 condos for sale as of January 28th, 2018 in The MET & MET2 by Concord Pacific in Burnaby Metrotown area. The smallest condo unit … [read more]
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January 28th, 2018
There are a total of 14 condos & 0 townhouse for sale as of January 28th, 2018 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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January 28th, 2018
There are a total of 10 houses for sale as of January 28, 2018 in New Horizons & Hockaday Coquitlam. There are 4 new listings for houses for sale in … [read more]
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January 28th, 2018
There are a total of 32 houses for sale as of January 28, 2018 in Westwood Plateau Coquitlam. There are 14 new listings for houses for sale in Westwood Plateau … [read more]
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Comments Off on Are Interest Hikes Stopping Prospective Homebuyers?