REBGV Townhouse Resale Average Price/Per Sqft February 2018
March 17th, 2018
March 17th, 2018
March 17th, 2018
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March 16th, 2018
After four consecutive years of growth in BC, the economy is expected to slow over the next two years thanks to easing housing demand. In 2018, real GDP growth in … [read more]
Comments Off on Vancouver’s Housing Market is Going to Impact the Economy Over the Next 2 Years
March 16th, 2018
Home sales across Greater Vancouver are expected to drop 8.2% this year after declining 10.5% in 2017, according to a new housing forecast from the British Columbia Real Estate Association … [read more]
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March 15th, 2018
BC home sales saw an annual decline in February and — like much of the rest of the country — stricter mortgage regulations appear to be to blame for the … [read more]
Comments Off on Stricter Mortgage Regulations to Blame for Double Digit Decline Home Sales
March 14th, 2018
Latest data from international property listing portal Juwai.com showed that in 2017, Canada continued to be a favoured property investment destination for Chinese home buyers despite higher foreign buyer taxes … [read more]
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March 14th, 2018
2018 hasn’t been kind to the Canadian real estate market so far — national home sales dropped steeply in January, and remained weak in February. According to a new report … [read more]
Comments Off on Canada’s Housing Market Struggles to Adjust to New Mortgage Rules
March 14th, 2018
Vancouver, BC – March 14, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 6,206 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
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March 13th, 2018
On January 1, a new mortgage stress test was rolled out that many economists predicted would cool activity in Canadian housing markets. However, despite the stricter rules, home prices have … [read more]
Comments Off on Vancouver Home Prices are Rising Despite Stricter Mortgage Rules
March 12th, 2018
February was a relatively cool month for the Canadian housing market, as sales continued to soften in light of a new mortgage stress test. But not every market reacted to … [read more]
Comments Off on What Are The Canadian Housing Markets to Watch This Month?
March 9th, 2018
Canada set a record for commercial real estate investment last year, making it one of the most successful commercial real estate markets in the world. But according to one company, … [read more]
Comments Off on The Canadian Commercial Real Estate Market Could Be Even Better in 2018
March 9th, 2018
BCREA 2018 First Quarter Housing Forecast Update Vancouver, BC – March 9, 2018. The British Columbia Real Estate Association (BCREA) released its 2018 First Quarter Housing Forecast today. Multiple Listing … [read more]
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March 8th, 2018
Home sales slumped 9% last month in the Vancouver region as transactions for detached properties sagged while prices remain high, with the full impact yet to be felt of new … [read more]
Comments Off on Vancouver Housing Sales Slump as Market Braces for Tax Impact
March 7th, 2018
A noticeable lack of available commercial and industrial space in Vancouver is pushing businesses and jobs into other provinces, according to analysts. Despite an array of speculation-powered construction, the rate … [read more]
Comments Off on Demand for Commercial & Industrial Space in Vancouver Outpacing Supply
March 6th, 2018
VANCOUVER (NEWS 1130) – The trend of condos as the only affordable option for most buyers in the Vancouver area continues. Sales of apartment-style condos were up 7.1% from the … [read more]
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March 5th, 2018
VANCOUVER — Home sales in Metro Vancouver fell more than 14% below the 10-year average in February as buyers contended with stricter mortgage rules and higher interest rates, according to … [read more]
Comments Off on Vancouver Home Sales Fall in February Amid Mortgage Interest Rate Changes
March 4th, 2018
SURREY, BC – Despite slight increases in both active and new inventory in the Valley, overall supply in February remained well below the ten-year average for the month historically. The … [read more]
Comments Off on Lack of Supply Continues to Command Fraser Valley Housing Market
March 4th, 2018
The Canadian commercial real estate market set another record for investments in 2017 and was one of only four countries in the world to do so, according to a new … [read more]
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March 3rd, 2018
It’s been two months since the introduction of a national mortgage stress test, which could have contributed to Metro Vancouver home sales dropping below the long-term historical average in February. … [read more]
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March 2nd, 2018
Metro Vancouver home sales dipped below the long-term historical average in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,207 … [read more]
Comments Off on REBGV Home Buyers Were Less Active in February
March 2nd, 2018
It’s been another banner year for the Canadian commercial real estate market. With over $43.1 billion in investments, 2017 is the best year on record, and 2018 is expected to … [read more]
Comments Off on Canadian Commercial Real Estate Set to Break Investment Record for 3rd Consecutive Year in 2018
March 1st, 2018
New BC property taxes announced last week may not be the answer to tackling the province’s housing affordability crisis, according to some BC real estate boards. The NDP government unveiled … [read more]
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