October 15th, 2024
As we transition into the busy fall real estate market, the importance of staying informed about key policy updates that could impact the housing landscape is top of mind. Over … [read more]
October 15th, 2024
Vancouver, BC – October 15, 2024. The British Columbia Real Estate Association (BCREA) reports that 5,579 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in September 2024, … [read more]
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October 9th, 2024
The Vancouver-area real estate market is moving closer to buyer-friendly territory as inventories surged in September but sales stayed stubbornly sluggish, said realtor groups. Recent interest rate cuts by the … [read more]
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October 8th, 2024
Commercial transactions in the Lower Mainland spiked ahead of the June 25 deadline to increase the capital gains inclusion rate from one half to two thirds, with total transaction volumes … [read more]
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October 7th, 2024
Metro Vancouver home sales declined by 3.8% in September 2024 compared to September 2023, suggesting that recent interest rate reductions are having a limited effect on demand so far. The … [read more]
Comments Off on Metro Vancouver Inventory Up 31.2% & Residential HPI Represents A 1.8% decrease Y/Y, Giving Buyers A Break
October 4th, 2024
SURREY, BC — With active inventories hitting levels not seen in 10 years and sales 30% below the 10-year average, Fraser Valley real estate is building towards a buyer’s market … [read more]
Comments Off on Fraser Valley Housing Market Factors in Affordability Challenges & The Anticipation of More Interest Rate Cuts
October 3rd, 2024
After spring, fall is one of the most popular seasons for buying and selling real estate. Following a whirlwind of changes over the past few years, including a global pandemic, … [read more]
Comments Off on The Best Fall Housing Markets Offer Rewards for Sellers & Buyers
October 2nd, 2024
September 2024 Real Estate Market Insights Welcome to the September 2024 episode of the Presale Pulse, a real estate show brought to you by hosts Suzana Goncalves and Brittany Reimer. … [read more]
Comments Off on How will Falling Interest Rates Impact The Presale Market?
October 2nd, 2024
Home sales registered on the MLS® in Metro Vancouver1 declined 3.8% year over year in September, suggesting recent reductions in borrowing costs are having a limited effect in spurring demand … [read more]
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October 1st, 2024
Vancouver’s real estate market was subdued over the summer, and is gradually moving towards more balanced conditions as inventory continues to accumulate. Home sales fell below the ten-year seasonal average … [read more]
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September 27th, 2024
There are a total of 4 condos for sale as of September 27th, 2024 in Metortown Chancellor by Polygon Home, 4880 Bennett St in Burnaby South area. The smallest condo … [read more]
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September 27th, 2024
There are a total of 9 condos for sale as of September 27th, 2024 in The MET & MET2 by Concord Pacific, 6538 & 6588 Nelson Ave in Burnaby Metrotown … [read more]
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September 27th, 2024
There are a total of 17 houses for sale as of September 27, 2024 in New Horizons & Hockaday Coquitlam. There are 8 new listings for houses for sale in … [read more]
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September 27th, 2024
There are a total of 57 houses for sale as of September 27, 2024 in Westwood Plateau Coquitlam. There are 21 new listings for houses for sale in Westwood Plateau … [read more]
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September 26th, 2024
There are a total of 294 condos for sale as of September 26, 2024 in Burnaby Metrotown area. There are 113 new listings for condos for sale in Burnaby Metrotown … [read more]
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September 26th, 2024
There are a total of 19 condos & 5 townhouses for sale as of September 26th, 2024 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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September 26th, 2024
There are a total of 459 houses for sale as of September 26, 2024 in Coquitlam. There are 134 new listings for houses for sale in Coquitlam for the period … [read more]
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September 26th, 2024
There are a total of 160 houses for sale as of September 26, 2024 in North Burnaby. There are 60 new listings for houses for sale in North Burnaby for … [read more]
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September 25th, 2024
After remaining relatively stable over the previous two months, house prices in Canada’s major urban centres rose more significantly in August, increasing by 0.6%, supported by lower interest rates. However, … [read more]
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September 24th, 2024
Sellers of luxury properties in Metro Vancouver are in no hurry to sell, resulting in fewer sales transactions as they wait for prospective buyers to meet their desired prices. Sales … [read more]
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September 24th, 2024
OTTAWA, ON, Sept. 17, 2024 /CNW/ – The six-month trend in housing starts decreased 2.9% from 255,794 units in July to 248,480 units in August. The trend measure is a … [read more]
Comments Off on CMHC Annual Pace of Housing Starts in Canada Decreased 2.9% M/M
September 23rd, 2024
“Developers are facing continued challenges in reaching presale construction financing and bringing new housing to market. Market conditions are in Buyer’s Market territory across most asset classes and price discovery … [read more]
Comments Off on Seasonality & Limited Demand Continues to Challenge Pre-Sale Market
Comments Off on The Factors That Influence BC’s Real Estate Landscape