REBGV Condo/Apartment Resale Average Price/Per Sqft December 2022
January 19th, 2023
January 19th, 2023
January 19th, 2023
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January 19th, 2023
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January 18th, 2023
British Columbia’s real estate market couldn’t keep up its record-breaking sales activity in 2022. According to The British Columbia Real Estate Association (BCREA) 80,874 residential unit sales were recorded by … [read more]
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January 17th, 2023
Greater Vancouver ended 2022 with another month of prospective homebuyers taking a “wait and see” approach, which the region’s real estate board said pushed down sales by 52% and prices … [read more]
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January 16th, 2023
TORONTO — A new report from TD Economics predicts Canada will see the weakest level of home sales since 2001 this year. The housing market outlook from economist Rishi Sondhi … [read more]
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January 16th, 2023
Vancouver, BC – January 12, 2023. The British Columbia Real Estate Association (BCREA) reports that 80,874 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2022, a … [read more]
Comments Off on BCREA Interest Rate Tightening Ultimately Precipitated A Dramatic Shift in Housing Market
January 10th, 2023
Following October’s uptick, BC home sales cratered in November by 9.5% to reach a seasonally-adjusted 4,849 units. Actual sales fell 50% from a year ago. While this outsized decline partly … [read more]
Comments Off on Challenging Housing Market Conditions to Continue Through 2023’s First Half, as BC Home Sales Suffer Steep Slide
January 9th, 2023
The Canadian real estate market saw its fair share of highs and lows in 2022. With the new year right around the corner, what can we anticipate in 2023? Lauren … [read more]
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January 6th, 2023
TORONTO — A new report says high interest rates will continue to hold back homebuyers into the new year except in Ontario and British Columbia. The report by RBC says … [read more]
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January 6th, 2023
SURREY, BC – In a year that saw prices peak early on, feeding off the momentum of record-breaking sales in 2021, the Fraser Valley real estate market came back down … [read more]
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January 5th, 2023
After a positive increase in sales in October, Canadian home sales fell by 3.3% in November, according to the Canadian Real Estate Association (CREA). New listings are following suit, hitting … [read more]
Comments Off on Declining Home Sales, Listings Inventory Reach Record Low
January 5th, 2023
Commercial real estate in Metro Vancouver experienced a period of adjustment similar to that seen in the residential market this past year, according to a CBRE Vancouver Market Outlook, and … [read more]
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January 4th, 2023
After seeing record sales and prices during the pandemic, Metro Vancouver’s housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of … [read more]
Comments Off on REBGV Rising Inflation & Interest Rates Remain Pressures to Metro Vancouver’s Housing Market
December 30th, 2022
Month-Over-Month Before seasonal adjustment, the Teranet–National Bank National Composite House Price Index™ declined 1.3% from October to November, a larger decrease than the 0.8% decline observed last month. After seasonal … [read more]
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December 29th, 2022
British Columbia home sales activity was cut in half year-over-year, reports the British Column Real Estate Association. A total of 4,512 residential unit sales were recorded in November 2022 – … [read more]
Comments Off on BC Home Prices Drop by 8.6% Y/Y
December 28th, 2022
Housing market activity remained slow in November, as sales fell 50.8% from November 2021 and roughly 30% below a historical average for the month, according to BCREA’s latest statistical report. … [read more]
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December 28th, 2022
This year’s rapid rise in the Bank of Canada’s policy rate slammed the brakes on investment activity in the second half of the year, but better times await in 2023. … [read more]
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December 20th, 2022
There are a total of 3 condos for sale as of December 20th, 2022 in The MET & MET2 by Concord Pacific, 6538 & 6588 Nelson Ave in Burnaby Metrotown … [read more]
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December 20th, 2022
There are a total of 8 condos & 0 townhouse for sale as of Dec 20th, 2022, in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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December 20th, 2022
There are a total of 9 houses for sale as of December 20, 2022 in New Horizons & Hockaday Coquitlam. There are 2 new listings for houses for sale in … [read more]
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December 20th, 2022
There are a total of 17 houses for sale as of December 20, 2022 in Westwood Plateau Coquitlam. There are 3 new listings for houses for sale in Westwood Plateau … [read more]
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