November 29th, 2017
The British Columbia Real Estate Association says home builders are responding to a lack of available homes by dramatically increasing multi-family housing starts. VANCOUVER — A real estate association watching … [read more]
November 28th, 2017
Metro Vancouver’s new condo supply is struggling to keep up with demand in 2017. Available inventory for new condos in the region equated to less than one month’s supply during … [read more]
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November 27th, 2017
Urban starts are up 2.5% boosted by a 12.5% rise in multi-unit homes OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts ticked higher in … [read more]
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November 24th, 2017
A continuing upswing in condominium apartment starts in suburban areas drove October housing starts in the Vancouver region up 186% year-over-year, according to Canada Mortgage and Housing Corporation data released … [read more]
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November 23rd, 2017
Canadian home buyers should brace for an increasingly unaffordable housing market in the coming year, according to a new note from Scotiabank Economics. In the note, the Scotiabank Senior Economist … [read more]
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November 22nd, 2017
The emphasis on density has led to an increase in the amount of time between project conception and completion in Metro Vancouver, exacerbating market imbalances, the British Columbia Real Estate … [read more]
Comments Off on Multi-Family Home Completions to Surge to 50% Next Year
November 21st, 2017
According to the latest property transfer data released by the British Columbia government, the proportion of sales involving foreign nationals in Metro Vancouver inched up between April and September. The … [read more]
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November 20th, 2017
Vancouver’s housing market has reached unaffordability levels not seen since the early 1990s. However, market prices are expected to cool in the next year, according to the Housing Affordability … [read more]
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November 19th, 2017
There are a total of 8 condos for sale as of November 19th, 2017 in The MET & MET2 by Concord Pacific in Burnaby Metrotown area. The smallest condo unit … [read more]
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November 19th, 2017
There are a total of 2 condos for sale as of November 19th, 2017 in Metortown Chancellor by Polygon Home in Burnaby area. The smallest condo unit is 842 sqft … [read more]
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November 19th, 2017
There are a total of 13 houses for sale as of November 19, 2017 in New Horizons & Hockaday Coquitlam. The smallest house on the market is 1637 sqft with … [read more]
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November 19th, 2017
There are a total of 11 condos & 3 townhouses for sale as of November 19th, 2017 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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November 19th, 2017
There are a total of 44 houses for sale as of November 19, 2017 in Westwood Plateau Coquitlam. There are 3 new listings for houses for sale in Westwood Plateau … [read more]
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November 18th, 2017
There are a total of 204 houses for sale as of November 18, 2017 in North Burnaby. There are 12 new listings for houses for sale in North Burnaby for … [read more]
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November 18th, 2017
There are a total of 70 condos for sale as of November 18, 2017 in Burnaby Metrotown area. There are 20 new listings for condos for sale in Burnaby Metrotown … [read more]
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November 18th, 2017
There are a total of 384 houses for sale as of November 18, 2017 in Coquitlam. There are 33 new listings for houses for sale in Coquitlam for the period … [read more]
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November 16th, 2017
Commercial real estate in Canada’s six major markets is, by and large, healthy, but Alberta continues reeling from the aftershocks of the oil sector’s plummet a few years ago, according … [read more]
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November 15th, 2017
Canada’s homeownership rate will likely decline in the coming years, thanks to continued eroding affordability in expensive markets, especially Toronto and Vancouver, says Capital Economics. The declining rate will also … [read more]
Comments Off on Higher Buying Costs & Tighter Regulations will Put Downward Pressure on the Homeownership Rate
November 14th, 2017
Vancouver, BC – November 14, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 8,677 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
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November 13th, 2017
With continued demand for apartments and townhomes in Metro Vancouver’s resale market, prices are forecast to march upwards over the next two years, says the Canada Mortgage and Housing Corporation … [read more]
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November 12th, 2017
There are a total of 10 condos & 3 townhouses for sale as of November 12th, 2017 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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November 12th, 2017
There is a total of 1 condo for sale as of November 12th, 2017 in Metortown Chancellor by Polygon Home in Burnaby area. This condo unit is 842 sqft with … [read more]
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Comments Off on Relief Ahead for Vancouver’s Tight Housing Market by Late 2018