In February the Teranet–National Bank National Composite House Price IndexTM retreated 0.1% from the previous month, following December and January rises that had interrupted a downtrend. It was the first … [read more]
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]
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]
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]
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]
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]
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]
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]
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]
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]
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]
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]
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]
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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