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]
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]
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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]
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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]
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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]
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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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January 3rd, 2018
Although new mortgage regulations are expected to impede activity in Greater Vancouver’s housing market next year, demand is slated to remain strong and prices are forecast to climb. In 2018, … [read more]
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January 3rd, 2018
Activity has improved in the property market in Canada with sales up 3.9% month on month in November and average prices up 2.9% year on year, the latest index shows. … [read more]
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January 3rd, 2018
After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Home listings, on the other hand, came in several thousand … [read more]
Comments Off on Steady Sales & Diminished Listings Characterize 2017 Housing Market
January 2nd, 2018
Prices in some of Canada’s hottest housing markets are likely to cool during the first few months of 2018 — but don’t expect them to stay that way for long. … [read more]
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January 1st, 2018
Low supply continues to put upward pressure on home prices across Greater Vancouver, but price growth will be limited as new stricter federal rules that will make it more difficult … [read more]
Comments Off on Greater Vancouver Home Prices to Climb 5% in 2018
January 1st, 2018
The Canadian real estate market made headlines plenty of times in 2017 — but what does next year have in store? Will housing prices and affordability continue to dominate the … [read more]
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December 31st, 2017
Pending home sales in the United States were mostly flat in November while existing homes sales and prices are forecast to slow in 2018, the latest index report suggests. Sales … [read more]
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