January 24th, 2018
Affordability in Greater Vancouver continues to decline as home prices continue to skyrocket. But increasing interest rates might prevent affordability from continuing its downward spiral in 2018. In December 2017, … [read more]
January 23rd, 2018
Activity in Canada’s residential property market gained strength in the final months of last year with sales, listings and prices up in December, the latest index shows. Sales increased by … [read more]
Comments Off on Will Property Market Activity Momentum Continue in 2018?
January 23rd, 2018
By now it’s common knowledge that most economists are predicting a slower year for the Canadian housing market in 2018. But will things cool down more dramatically than they had … [read more]
Comments Off on Is Canada About to Face A Sharper Housing Correction?
January 22nd, 2018
Condominiums were officially the strongest-performing housing type in 2017, outpacing single-family homes in terms of price growth, according to the fourth-quarter House Price Survey from Royal LePage. The report finds … [read more]
Comments Off on What’s In Store for the Year of the Condo?
January 22nd, 2018
Canada’s residential real estate market saw strong but slowing year-over-year price growth in the fourth quarter of 2017, according to a report by Royal LePage. The real estate company said … [read more]
Comments Off on Residential Prices Shot Up 10.4% Year-Over-Year Last Quarter
January 22nd, 2018
Canadian home sales rose to a record in December just before tougher mortgage rules took effect, helping make 2017 the second strongest market ever. Transactions climbed 4.5% from November to … [read more]
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January 21st, 2018
Comments Off on Burnaby Brentwood Area Condos Resale Average Price/Per Sqft 2015-2017
January 21st, 2018
Comments Off on Coquitlam New Horizons Area Condos Resale Average Price/Per Sqft 2015-2017
January 21st, 2018
In today’s complicated world, international property stands out among investment options because it is both a hard asset and one of the best current opportunities for generating cash flow while … [read more]
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January 21st, 2018
Comments Off on Coquitlam New Horizons Area Detached-Home Resale Average Price/Per Sqft 2015-2017
January 20th, 2018
Comments Off on Burnaby Metrotown Area Condos Resale Average Price/Per Sqft 2015-2017
January 20th, 2018
Comments Off on Coquitlam Westwood Plateau Area Detached-Home Resale Average Price/Per Sqft 2015-2017
January 20th, 2018
It’s too soon to say for certain what the first few months of 2018 will bring for the Canadian housing market — but that isn’t stopping Canadian economists from making … [read more]
Comments Off on Canadian Housing Market Stays in “Soft Landing Mode” in 2018
January 20th, 2018
The end of 2017 was marked by a jump in both home sales and prices across Canada. According to the Canadian Real Estate Association (CREA), national home sales spiked 4.5% … [read more]
Comments Off on National Home Sales & Prices Ending the Year 2017 on A High Note
January 19th, 2018
The “million dollar line” that used to divide West Vancouver and most of North Vancouver in the past has all but disappeared, with 98% of single-family homes on the North … [read more]
Comments Off on Almost Every Homeowner on the North Shore is Now A Millionaire
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]
Comments Off on BC Home Sales Expected to Dip in 2018
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]
Comments Off on Vancouver Luxury Home Sales Set to Improve in 2018
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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Comments Off on Housing Affordability in Greater Vancouver Could Erode Further in 2018