August 16th, 2022
HIGHLIGHTS • National home sales fell by 5.3% on a month-over-month basis in July. • Actual (not seasonally adjusted) monthly activity came in 29.3% below July 2021. • The number … [read more]
August 15th, 2022
OTTAWA — Statistics Canada says investment in residential construction declined for the first time in nine months in June, as gains in the non-residential sector helped push overall construction investment … [read more]
Comments Off on Residential Construction Investment Fell 0.4%, 1st-Time in 9-Months. Commercial Building Rebounded, Advancing 3.3% in the Q2
August 12th, 2022
The outlook for BC recreational property remains solid, with brokers saying some of the strongest markets in BC are now providing a haven against the turmoil roiling residential markets at … [read more]
Comments Off on Price Reductions Amid A Growing Inventory of BC Recreational Properties, Outlook Remains Solid
August 12th, 2022
Vancouver, BC – August 11, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 5,572 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA High Mortgage Interest Rates Continued to Lower Home Sales Activity
August 9th, 2022
Vancouver’s housing market has, according to the local real estate board, entered a “new cycle marked by quieter home buyer demand.” In its monthly report, the Real Estate Board of … [read more]
Comments Off on Housing Market “New Cycle” Means Homebuyers Have Some Advantages Over Sellers
August 9th, 2022
Canada’s largest bank might be its largest real estate bear after last month’s sales. This week RBC explained to investors that a Canadian real estate correction is here. Following downward … [read more]
Comments Off on The Housing Correction Now Runs Far & Wide Across Canada
August 8th, 2022
Every investor has, at some point, wished they could accurately predict markets to get the massive returns they all dream of. Some even claim to be able to do so … [read more]
Comments Off on The Overall Housing Prediction & The Factors That Could Worsen The Forecast
August 8th, 2022
Home sales continued to slump last month in Metro Vancouver, as potential buyers back off because of rising interest rates, according to the Real Estate Board of Greater Vancouver. The … [read more]
Comments Off on REBGV Home Sales A 43.3% Decrease Y/Y
August 5th, 2022
The sales-to-listing ratio for detached-house sales In Metro Vancouver fell below the psychological 12% level in July for the first time in at least two years. “Generally, analysts say downward … [read more]
Comments Off on Metro Vancouver Home Sales Drop 22.8% M/M as Prices Declined for The 3rd Straight Month
August 4th, 2022
SURREY, BC – The Fraser Valley real estate market saw sales fall again in July in the face of continued interest rate hikes, as the government struggles to bring inflation … [read more]
Comments Off on FVREB Home Sales Slide for 4th Straight Month
August 3rd, 2022
Known for beautiful beaches, mountains, lakes and a picturesque coastline — it’s no surprise that British Columbia real estate is the most expensive market in the country. According to a … [read more]
Comments Off on Some Markets Cooled After The Boom During Pandemic, but Prices Have Remained Elevated Since The Start of The Year
August 3rd, 2022
Metro Vancouver’s housing market has entered a new cycle marked by quieter home buyer demand and a gradual rise in the supply of homes for sale. The Real Estate Board … [read more]
Comments Off on Homebuying Demand Continues to Ease Across Metro Vancouver
August 2nd, 2022
Metro Vancouver’s industrial vacancy rate, which hit a North American low of 0.1% this year, according to Colliers, has eased to 0.5% due to a huge increase in supply, a … [read more]
Comments Off on Industrial Vacancy Rate Has Eased to A Still-Tight 0.5%, with More Than 1.7 Million Sqft Added This Year
July 29th, 2022
There are a total of 4 condos for sale as of July 29th, 2022 in Metortown Chancellor by Polygon Home, 4880 Bennett St in Burnaby South area. The smallest condo … [read more]
Comments Off on Burnaby Metrotown Chancellor Condos for Sale Updates as of July 29, 2022
July 29th, 2022
There are a total of 7 condos for sale as of July 29th, 2022 in The MET & MET2 by Concord Pacific, 6538 & 6588 Nelson Ave in Burnaby Metrotown … [read more]
Comments Off on Burnaby Metrotown The MET & MET2 Condos for Sale Updates as of July 29, 2022
July 29th, 2022
There are a total of 16 houses for sale as of July 29, 2022 in New Horizons & Hockaday Coquitlam. There are 6 new listings for houses for sale in … [read more]
Comments Off on Coquitlam New Horizons & Hockaday Houses for Sale Updates as of July 29, 2022
July 29th, 2022
There are a total of 18 houses for sale as of July 29, 2022 in Westwood Plateau Coquitlam. There are 8 new listings for houses for sale in Westwood Plateau … [read more]
Comments Off on Coquitlam Westwood Plateau Houses for Sale Updates as of July 29, 2022
July 28th, 2022
There are a total of 182 condos for sale as of July 28, 2022 in Burnaby Metrotown area. There are 60 new listings for condos for sale in Burnaby Metrotown … [read more]
Comments Off on Burnaby Metrotown Condos for Sale Updates as of July 28, 2022
July 28th, 2022
There are a total of 22 condos & 3 townhouses for sale as of July 28th, 2022, in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
Comments Off on Coquitlam New Horizons The Windsor Gate Condos & Townhouses for Sale Updates as of July 28, 2022
July 28th, 2022
There are a total of 239 houses for sale as of July 28, 2022 in Coquitlam. There are 73 new listings for houses for sale in Coquitlam for the period … [read more]
Comments Off on Coquitlam Houses for Sale Updates as of July 28, 2022
July 28th, 2022
There are a total of 122 houses for sale as of July 28, 2022 in North Burnaby. There are 45 new listings for houses for sale in North Burnaby for … [read more]
Comments Off on North Burnaby Houses for Sale Updates as of July 28, 2022
July 27th, 2022
YEAR-OVER-YEAR The Teranet–National Bank National Composite House Price Index™, covering eleven CMAs around the country, recorded an annual gain of 16.7% in June, less than the 18.3% growth recorded the … [read more]
Comments Off on Home Prices Continue to Lose Momentum, but HPI Increased 16.7% Y/Y
Comments Off on CREA : National Home Sales Down 29% Y/Y, Fall for 5th Month in A Row