September 11th, 2024
Vancouver, BC – September 11, 2024. The British Columbia Real Estate Association (BCREA) reports that 5,943 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in August 2024, … [read more]
September 10th, 2024
Housing sales did not pick up in August across Langley, but a regional builder says interest rate cuts will likely lead to a busier market in 2025. The Fraser Valley … [read more]
Comments Off on Interest Rate Cuts will Lead to More Homes Being Built & Busier Market in Fraser Valley
September 10th, 2024
Prospective Vancouver homebuyers haven’t yet benefited from the third Bank of Canada interest rate cut that came in early September, and that is showing in the latest statistics from Greater … [read more]
Comments Off on Greater Vancouver Housing Market Sees Both Sellers & Buyers Hesitating Despite Rate Cuts
September 9th, 2024
As the real estate market shifts from the quiet summer months to a bustling fall, homebuyers in the Lower Mainland are presented with a mixed outlook. The summer of 2024 … [read more]
Comments Off on Greater Vancouver Forecasting A More Promising Fall Housing Market
September 6th, 2024
SURREY, BC – The Fraser Valley residential resale market slowed again in August, as homebuyers continue to face affordability challenges. The Fraser Valley Real Estate Board recorded 1,067 sales in … [read more]
Comments Off on Fraser Valley Buyers Continue to Wait on The Sidelines as Squeeze of Overall Affordability Challenges
September 5th, 2024
Vancouver, BC – August 26, 2024. The British Columbia Real Estate Association (BCREA) released its 2024 Third Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in BC … [read more]
Comments Off on Bank Of Canada Policy Shift Has Positive Implications for BC Q3 Housing Market
September 4th, 2024
After a somewhat promising June, data from Canadian Real Estate Association’s (CREA) July 2024 statistics report reveals housing market activity effectively stalled in July, despite the July 24 interest rate … [read more]
Comments Off on CREA Most Recent Statistics Report Predicts Further Increases in Housing Activity Going Into 2025
September 4th, 2024
Home sales registered on the MLS® in Metro Vancouver remained below their ten-year seasonal averages in August as summer holidays come to a close. The Greater Vancouver REALTORS® (GVR) reports … [read more]
Comments Off on Hesitancy Paired with Accumulated Inventory Has Moved The Housing Market Firmly into Balanced Conditions
September 3rd, 2024
The BCREA CLI fell 0.4 points to 145.9 in the second quarter of 2024, while the six-month moving average also fell to 146.1. The index is unchanged from the same … [read more]
Comments Off on Commercial Real Estate Activity Slower in Q2-2024
August 30th, 2024
There are a total of 4 condos for sale as of August 30th, 2024 in Metortown Chancellor by Polygon Home, 4880 Bennett St in Burnaby South area. The smallest condo … [read more]
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August 30th, 2024
There are a total of 7 condos for sale as of August 30th, 2024 in The MET & MET2 by Concord Pacific, 6538 & 6588 Nelson Ave in Burnaby Metrotown … [read more]
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August 30th, 2024
There are a total of 16 houses for sale as of August 30, 2024 in New Horizons & Hockaday Coquitlam. There are 6 new listings for houses for sale in … [read more]
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August 30th, 2024
There are a total of 54 houses for sale as of August 30, 2024 in Westwood Plateau Coquitlam. There are 17 new listings for houses for sale in Westwood Plateau … [read more]
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August 29th, 2024
There are a total of 305 condos for sale as of August 29, 2024 in Burnaby Metrotown area. There are 90 new listings for condos for sale in Burnaby Metrotown … [read more]
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August 29th, 2024
There are a total of 21 condos & 1 townhouse for sale as of August 29th, 2024 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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August 29th, 2024
There are a total of 443 houses for sale as of August 29, 2024 in Coquitlam. There are 142 new listings for houses for sale in Coquitlam for the period … [read more]
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August 29th, 2024
There are a total of 138 houses for sale as of August 29, 2024 in North Burnaby. There are 24 new listings for houses for sale in North Burnaby for … [read more]
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August 28th, 2024
After remaining stable in June, the lethargy continues for house prices in Canada’s major urban centers in July, with only marginal growth of 0.2% during the month. This relative stability … [read more]
Comments Off on Resale Conditions Point to A Balanced Market Between Buyers & Sellers at National Level
August 27th, 2024
Despite the fact that residential construction remains firmly under the thumb of higher interest rates, the annual pace of Canadian housing starts shot up unexpectedly by 16% in June, according … [read more]
Comments Off on Canadian Housing Starts Jump 16%, While Vancouver’s Slid 18% After A Record Year in 2023
August 27th, 2024
OTTAWA — Canada’s housing market softened slightly in July from a month earlier as sales of existing homes dipped and new listings inched up, the Canadian Real Estate Association said. … [read more]
Comments Off on Canada’s Housing Market Remains Fairly Subdued, Existing Home Sales Dipped & Inventory Inched Up
August 26th, 2024
August 2024 Fraser Valley Real Estate Market Insights Welcome to the August 2024 Fraser Valley Presale Pulse episode, a real estate show brought to you by hosts Suzana Goncalves and … [read more]
Comments Off on Fraser Valley Seasonal Housing Market Slowdown Result in Further Price Adjustments
August 23rd, 2024
Canada’s housing market began gaining momentum after the Bank of Canada’s first interest rate cut since 2020. However, this momentum didn’t continue in July 2024. According to Shaun Cathcart, a … [read more]
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Comments Off on BCREA Residential Unit Sales Down by 4.6%, Average Price Up 1.4% Y/Y