Burnaby Metrotown Area Condo/Apartment Resale Average Price/Per Sqft July 2022
August 19th, 2022
August 19th, 2022
August 19th, 2022
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August 19th, 2022
Comments Off on Coquitlam New Horizons & Hockaday Area Detached-Home Resale Average Price/Per Sqft July 2022
August 19th, 2022
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August 18th, 2022
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August 18th, 2022
Comments Off on REBGV Condo/Apartment Resale Average Price/Per Sqft July 2022
August 18th, 2022
Comments Off on REBGV Townhouse Resale Average Price/Per Sqft July 2022
August 18th, 2022
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August 17th, 2022
It’s been less than a year since we purchased a four-bedroom townhouse in Surrey, British Columbia. For $870,000, Aneesh Bhandari and his wife decided to sell his home in early … [read more]
Comments Off on Sellers are Expecting Yesterday’s Home Prices
August 16th, 2022
BC real estate prices have fallen for a fourth straight month, shaving about 4% off their value from June, transaction statistics show. Average home sale prices across the province are … [read more]
Comments Off on Vancouver Suburbs Leading Decline in Home Sale Prices as Market Poised for Negative Y/Y Adjustment
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]
Comments Off on CREA : National Home Sales Down 29% Y/Y, Fall for 5th Month in A Row
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]
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