BC Home Sales Expected to Dip in 2018
January 18th, 2018
For a third consecutive year, BC home sales exceeded 100,000 units in 2017 — the longest series of annual sales totals of that magnitude on record, says the British Columbia … [read more]
January 18th, 2018
For a third consecutive year, BC home sales exceeded 100,000 units in 2017 — the longest series of annual sales totals of that magnitude on record, says the British Columbia … [read more]
January 17th, 2018
Although luxury sales over $1 million dropped in 2017, top-tier sales are expected to improve this year, says Sotheby’s International Realty Canada. Overall, $1 million-plus residential sales (including condos, attached … [read more]
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January 16th, 2018
Condominium prices in Greater Vancouver soared last quarter thanks to stricter mortgage regulations, says Royal LePage. The median price of a condo rose 20.2% year-over-year to $651,885 in the final … [read more]
Comments Off on Greater Vancouver Condo Prices to Soar Heading into 2018
January 15th, 2018
The average home sale price reached $1,049,424 in Greater Vancouver in December, according to new data from the British Columbia Real Estate Association. This is an increase of 10.7% compared … [read more]
Comments Off on Robust Housing Demand in 2017 was Underpinned by A Strong Economy, Employment Growth & Rising Wages
January 15th, 2018
Royal LePage has released its 2017 Q4 House Price Survey (HPS) and it has found that the aggregate home price in Greater Vancouver has increased 8.2% year-over-year to $1,267,769. The … [read more]
Comments Off on Greater Vancouver Home Values High Due to Low Inventory Levels
January 14th, 2018
Comments Off on Townhouse Resale Average Price/Per Sqft 2015-2017
January 14th, 2018
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January 13th, 2018
In a recent report, global real estate firm Engel & Völkers outlined the most promising luxury property trends in four major Canadian cities – namely, Vancouver, Toronto, Montreal, and Calgary. … [read more]
Comments Off on Luxury Real Estate Destinations to Look Out for in 2018
January 13th, 2018
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January 12th, 2018
In 2017, Metro Vancouver’s housing market was a story of steady sales and reduced listings but will the same narrative stick in 2018? Last year, the region’s sales total was … [read more]
Comments Off on Where Metro Vancouver’s Housing Market Stands Heading into 2018
January 12th, 2018
Vancouver, BC – January 12, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 103,763 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BC Home Sales Above 100,000 for Third Consecutive Year
January 11th, 2018
A recent study from Engel & Völkers has found that Vancouver plays host to Canada’s highest-priced luxury properties, mirroring trends in the city’s mid-range residential as well as commercial segments. … [read more]
Comments Off on Vancouver Has Canada’s Priciest Premium Properties
January 10th, 2018
When it comes to Canadian hot button issues, fewer are more scorching than real estate. The cost of homeownership has been a pressing topic for several years, and 2017 was … [read more]
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January 9th, 2018
With some of the largest residential and retail developments underway, Burnaby and Coquitlam are headlined as among the hottest housing markets in Metro Vancouver – but the record-setting industrial sector … [read more]
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January 9th, 2018
Analysts are predicting a cooler housing market in 2018, with falling prices in the first few months of the year. But what is it that will pull prices downwards? It’s … [read more]
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January 8th, 2018
“Our housing market and our economy are becoming increasingly intertwined,” said Ryan Berlin, senior economist with the intelligence division of the Rennie Group, best known for its condo marketing programs. … [read more]
Comments Off on Outlook 2018 : Housing Slowdown in 2018 will have Ripple Effects
January 8th, 2018
An upward trend in housing prices isn’t expected to significantly change in British Columbia despite an anticipated slowdown in sales this year, economists said. The BC Real Estate Association’s chief … [read more]
Comments Off on Home Sales in BC Expected to Decline in 2018
January 7th, 2018
Surrey BC – The Fraser Valley housing market had its second highest selling year on record in 2017, with total MLS® transactions and dollar volume sold behind only 2016’s unprecedented … [read more]
Comments Off on Another Big Year for Fraser Valley Real Estate
January 7th, 2018
The real estate industry is known for having its ups and downs, and the CREA has adjusted its 2018 forecast based on recent trends. As we head into a new … [read more]
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January 6th, 2018
After posting its second-highest-selling year on record in 2017, the Fraser Valley real estate market is facing a steep decline in active listings across various communities within the region. According … [read more]
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January 5th, 2018
The unprecedented momentum in Canada’s leading commercial real estate market will carry it well into 2018 and likely further, Vancouver analysts say. Vancouver has Canada’s lowest office vacancy rate, and … [read more]
Comments Off on Commercial Real Estate’s New Boom
January 4th, 2018
What is in store for the Canadian economy in 2018? While nothing’s for certain, a cooling housing market could play a role to play in slowing GDP growth. According to … [read more]
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