June 13th, 2022
May housing sales across Greater Vancouver fell for the second straight month and asking prices are being cut as month-to-month benchmark prices have dipped for the first time in at … [read more]
June 8th, 2022
The price of a new home in Canada rose again in April, but to a lesser extent compared to previous months. Last month, new home prices “showed some signs of … [read more]
Comments Off on The Rise in Construction Activity Had Impacts on Costs, New Home Price Growth Showed Signs of Cooling
June 7th, 2022
SURREY, BC – As property sales continue to fall in the Fraser Valley and active listings continue to grow, the region is edging towards more balanced levels not seen since … [read more]
Comments Off on Fraser Valley Housing Market Cools, Lower Sales & Higher Inventory
June 6th, 2022
Housing sales in the Fraser Valley will fall more than 30% this year – most in the province – compared to 2021 and Valley price increases will flatline by 2023, … [read more]
Comments Off on BCREA Forecasts Housing Sales will Plunge by 30% in The Fraser Valley This Year & Prices will “Flatline” by 2023
June 3rd, 2022
After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver this spring due, in large part, to rising interest rates. The … [read more]
Comments Off on REBGV Calmer Spring Housing Market Trends in Metro Vancouver
June 2nd, 2022
Price growth for Canadian homes soared by a record amount last month. According to the most recent update to the Teranet–National Bank National Composite House Price Index (HPI) — which … [read more]
Comments Off on Strong Price Growth Coincides with A Slowdown in Resale Market to Fade Soon
June 1st, 2022
After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring months. In its latest … [read more]
Comments Off on National Housing Markets in Between Seller’s & Balanced Territory
June 1st, 2022
Vancouver, BC – May 31, 2022. The British Columbia Real Estate Association (BCREA) released its 2022 Second Quarter Housing Forecast today. Multiple Listing Service® (MLS®) residential sales in the province … [read more]
Comments Off on BCREA Sharply Higher Interest Rates will Slow Housing Activity Through 2023
May 31st, 2022
YEAR-OVER-YEAR The Teranet–National Bank National Composite House Price IndexTM, covering eleven CMAs around the country, reported a 18.8% annual gain in April, breaking the record growth of 18.4% observed the … [read more]
Comments Off on Teranet-National Bank HPI Record Y/Y Price Growth Reach A New High of 18.8%
May 30th, 2022
Although a lack of supply is keeping market conditions tight, home sales in British Columbia trended lower during April thanks to rising interest rates, a sign that demand is starting … [read more]
Comments Off on BC Home Prices Keep Rising as Active Listings Drop
May 27th, 2022
There are a total of 9 condos for sale as of May 27th, 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 May 27, 2022
May 27th, 2022
There are a total of 18 condos & 2 townhouses for sale as of May 27th, 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 May 27, 2022
May 27th, 2022
There are a total of 12 houses for sale as of May 27, 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 May 27, 2022
May 27th, 2022
There are a total of 18 houses for sale as of May 27, 2022 in Westwood Plateau Coquitlam. There are 13 new listings for houses for sale in Westwood Plateau … [read more]
Comments Off on Coquitlam Westwood Plateau Houses for Sale Updates as of May 27, 2022
May 26th, 2022
There are a total of 180 condos for sale as of May 26, 2022 in Burnaby Metrotown area. There are 65 new listings for condos for sale in Burnaby Metrotown … [read more]
Comments Off on Burnaby Metrotown Condos for Sale Updates as of May 26, 2022
May 26th, 2022
There are a total of 3 condos and 1 townhouse for sale as of May 26th, 2022 in The Legacy by Bosa, 2225 Holdom Ave & 5611 Goring St in … [read more]
Comments Off on Burnaby Central The Legacy Condos & Townhouses for Sale Updates as of May 26, 2022
May 26th, 2022
There are a total of 248 houses for sale as of May 26, 2022 in Coquitlam. There are 115 new listings for houses for sale in Coquitlam for the period … [read more]
Comments Off on Coquitlam Houses for Sale Updates as of May 26, 2022
May 26th, 2022
There are a total of 114 houses for sale as of May 26, 2022 in North Burnaby. There are 52 new listings for houses for sale in North Burnaby for … [read more]
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May 25th, 2022
The cost of buying a brand new condo apartment in Canada increased a little more during the first months of 2022 thanks to higher demand from purchasers and less inventory … [read more]
Comments Off on Vancouver New Condo Prices Rise 4.2% in Q1-2022
May 25th, 2022
The Bank of Canada’s effort to tamp down on inflation is having its expected impact on BC’s housing marketing. The province posted 8,934 residential unit sales last month – down … [read more]
Comments Off on BC Declining Home Sales Not Affecting Home Prices So Far
May 24th, 2022
There are two things that have seemingly been constant fixtures in Canadian real estate for at least the last decade: the rising cost of homes, and the supposed Canadian housing … [read more]
Comments Off on The State of 2022 Housing Bubble in Canada
May 23rd, 2022
Home shoppers in Metro Vancouver likely saw a more normal pace to the market in April as trends “returned to more historically typical levels,” last month. According to the most … [read more]
Comments Off on Home Sales Fall, Fewer New Listings & Average Home Price Up 18.9% Y/Y
Comments Off on “Calming Market” Spooks Home Sellers as Sales Fall, Listings Rise & Asking Prices Start to Slide