September 20th, 2023
The BCREA Commercial Leading Indicator (CLI) rose 0.6 points to 147 in the second quarter of 2023, while the six-month moving average fell to 147. Compared to the same quarter … [read more]
September 19th, 2023
Housing sales in Metro Vancouver and Kelowna are expected to cool alongside the weather in the coming months. A new report forecasts Canada’s real estate market will be softer this … [read more]
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September 18th, 2023
As housing affordability continues to worsen in BC, the down payment needed to buy a home has only increased. Metro Vancouver, the Fraser Valley and Victoria are among the four … [read more]
Comments Off on The Fraser Valley Continues to See Competition as Buyers Search Outside Metro Vancouver for Lower Prices
September 18th, 2023
Vancouver, BC – September 13, 2023. The British Columbia Real Estate Association (BCREA) reports that a total of 6,608 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems … [read more]
Comments Off on BC Home Sales Increase 15.7%, Average Home Price Up 5.2% Y/Y
September 13th, 2023
A report by Re/Max Canada says prices for detached houses in Toronto, Vancouver and BC’s Fraser Valley saw upward momentum in the first half of the year, but average prices … [read more]
Comments Off on 93% of Detached Houses in Vancouver & Fraser Valley Posted Decline in Values
September 11th, 2023
Vancouver, BC – August 29, 2023. The British Columbia Real Estate Association (BCREA) released its 2023 Third Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in BC … [read more]
Comments Off on BCREA Q3 Housing Update : Home Sales are Forecast to Post A Modest Rebound Despite High Rates
September 8th, 2023
SURREY, BC – A combination of seasonal trends and cautious anticipation of the next rate announcement saw the Fraser Valley real estate market slow in August as sales fell slightly … [read more]
Comments Off on Home Prices & Inventory Hold Steady, Home Sales Down 6.9% M/M in Fraser Valley
September 7th, 2023
August 2023 Fraser Valley Real Estate Market Insights Welcome to the August 2023 Fraser Valley Presale Pulse episode, a real estate show brought to you by hosts Suzana Goncalves and … [read more]
Comments Off on The Fraser Valley Resale & Pre-Sale Markets Experienced A Slowdown in Summer
September 7th, 2023
None of us have a foolproof crystal ball. If we did, we might all have bet on Sidney Crosby scoring the golden goal in 2014 and cashed out with some … [read more]
Comments Off on Canadian Real Estate Market Trends for The Next 5-Years
September 6th, 2023
August 2023 Greater Vancouver Real Estate Market Insights Welcome to the August 2023 episode of the Presale Pulse, a real estate show brought to you by hosts Ryan Lalonde and … [read more]
Comments Off on A Strong Resale & A Seasonal Slowdown Pre-Sale Market in Metro Vancouver
September 6th, 2023
As summer winds to a close, higher borrowing costs have begun to permeate the Metro Vancouver housing market in predictable ways, with price gains cooling and sales slowing along the … [read more]
Comments Off on REBGV The Typical Seasonal Pattern Brings Slowing Sales & Cooling Price Gains to Metro Vancouver
September 5th, 2023
Canada Mortgage and Housing Corp. says the annual pace of housing starts in July fell 10% compared with June when they posted their strongest showing so far this year. The … [read more]
Comments Off on Housing Starts Fell 10% Nationwide Compared with 23% in Metro Vancouver
September 5th, 2023
Canada’s ever-fluctuating real estate market is showing signs of stabilization this summer, according to the Canadian Real Estate Association. Per CREA data, July marked a marginal month-over-month decline in home … [read more]
Comments Off on The MLS HPI Saw a Larger-Than-Normal Increase of 1.1% M/M, Up 6.3% Y/Y
September 4th, 2023
Since May, the Canadian real estate market has shown signs of stabilizing with price growth and sales activity slowing, and new listings catching up to last year’s levels. That was … [read more]
Comments Off on CREA National Home Sales Slowing, Inventory Recovering in Major Housing Market
September 1st, 2023
There are a total of 3 condos for sale as of Sept 1st, 2023 in Metortown Chancellor by Polygon Home, 4880 Bennett St in Burnaby South area. The smallest condo … [read more]
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September 1st, 2023
There are a total of 8 condos for sale as of Sept 1st, 2023 in The MET & MET2 by Concord Pacific, 6538 & 6588 Nelson Ave in Burnaby Metrotown … [read more]
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September 1st, 2023
There are a total of 7 houses for sale as of Sept 1, 2023 in New Horizons & Hockaday Coquitlam. There is 1 new listing for houses for sale in … [read more]
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September 1st, 2023
There are a total of 21 houses for sale as of Sept 1, 2023 in Westwood Plateau Coquitlam. There are 8 new listings for houses for sale in Westwood Plateau … [read more]
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August 31st, 2023
There are a total of 190 condos for sale as of August 31, 2023 in Burnaby Metrotown area. There are 63 new listings for condos for sale in Burnaby Metrotown … [read more]
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August 31st, 2023
There are a total of 10 condos & 1 townhouse for sale as of Aug 31st, 2023 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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August 31st, 2023
There are a total of 209 houses for sale as of August 31, 2023 in Coquitlam. There are 56 new listings for houses for sale in Coquitlam for the period … [read more]
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August 31st, 2023
There are a total of 92 houses for sale as of August 31, 2023 in North Burnaby. There are 32 new listings for houses for sale in North Burnaby for … [read more]
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Comments Off on Commercial Leading Indicator in Q2 2023