July 18th, 2022
Home sales and prices continue to slide across the country as rising rates put more homebuyers on the sidelines. The nationwide actual, non-seasonally adjusted average price stood at $665,850 in … [read more]
July 13th, 2022
A forecast from TD Bank that BC average home prices will fall by 8.1% by next year appears too optimistic in Metro Vancouver as June sale prices dropped for the … [read more]
Comments Off on Detached Houses Drop in Prices, Increase in Supply as Balanced Market Shifts to Buyers’ Advantage
July 12th, 2022
The province may have nixed its ambitions to give the Royal British Columbia Museum new digs at a cost of $800 million, but the digging continues at sites across BC … [read more]
Comments Off on Pressure Building Scramble for Labour, Supplies as Major Projects Reach New Heights
July 12th, 2022
Vancouver, BC – July 12, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 7,136 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA It’s Difficult to Satisfy The Economy & Population Growth Demand at Current Interest Rates
July 11th, 2022
With interest rates and housing supply increasing, Metro Vancouver* home buyers are operating in a changing marketplace to begin the summer season. The Real Estate Board of Greater Vancouver (REBGV) … [read more]
Comments Off on Listings Accumulated • Sales Down • Home Prices Starting to Decrease
July 8th, 2022
Home sales in British Columbia’s Fraser Valley continue to slide, falling for three straight months as prices dip on everything from detached homes to condos, said the Fraser Valley Real … [read more]
Comments Off on Home Sales in Fraser Valley will Continue to Decline Over The Near Term
July 7th, 2022
A forecast from TD Bank that BC average home prices will fall by 8.1% by next year appears too optimistic in Metro Vancouver as June sale prices dropped for the … [read more]
Comments Off on Detached House Prices in Greater Vancouver are Falling by $37,000 Per Month, Down $57,000 Per House in The Fraser Valley
July 6th, 2022
SURREY, BC –Overall sales in the Fraser Valley fell for the third straight month as prices for all property types continued to soften, bringing greater balance to the region’s real … [read more]
Comments Off on FVREB Housing Market to Cool, Slower Sales & Softer Prices
July 5th, 2022
With interest rates and housing supply increasing, Metro Vancouver* home buyers are operating in a changing marketplace to begin the summer season. The Real Estate Board of Greater Vancouver (REBGV) … [read more]
Comments Off on Summer Housing Market : Listing Up (+4.1%) Sales Down (-16.2%) & Prices Decrease (-2%) M/M
July 4th, 2022
According to a new report, Vancouver is no longer Canada’s most expensive city to rent an apartment in. But the most expensive city an apartment in this July isn’t exactly … [read more]
Comments Off on Vancouver Has Passed Its Crown as The Country’s Most Expensive City for Rentals to North Vancouver
July 4th, 2022
A wintry summer is brewing for BC’s real estate market with soaring interest rates drastically reducing buyer purchasing power while sellers clamber for yesterday’s prices. Home sales fell sharply in … [read more]
Comments Off on BC Real Estate Market Momentum is Quickly Weakening
June 30th, 2022
There are a total of 5 condos for sale as of June 30th, 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 June 30, 2022
June 30th, 2022
There are a total of 7 condos for sale as of June 30th, 2022 in The MET & MET2 by Concord Pacific, 6538 & 6588 Nelson Ave in Burnaby Metrotown … [read more]
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June 30th, 2022
There are a total of 14 houses for sale as of June 30, 2022 in New Horizons & Hockaday Coquitlam. There are 5 new listings for houses for sale in … [read more]
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June 30th, 2022
There are a total of 19 houses for sale as of June 30, 2022 in Westwood Plateau Coquitlam. There are 10 new listings for houses for sale in Westwood Plateau … [read more]
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June 29th, 2022
There are a total of 181 condos for sale as of June 29, 2022 in Burnaby Metrotown area. There are 83 new listings for condos for sale in Burnaby Metrotown … [read more]
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June 29th, 2022
There are a total of 17 condos & 4 townhouses for sale as of June 29th, 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 June 29, 2022
June 29th, 2022
There are a total of 251 houses for sale as of June 29, 2022 in Coquitlam. There are 108 new listings for houses for sale in Coquitlam for the period … [read more]
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June 29th, 2022
There are a total of 126 houses for sale as of June 29, 2022 in North Burnaby. There are 54 new listings for houses for sale in North Burnaby for … [read more]
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June 28th, 2022
Home sales recorded over Canadian MLS® Systems declined by 8.6% between April and May 2022. This built on a larger drop recorded in April, leaving monthly activity at pre-COVID levels … [read more]
Comments Off on Canadian National Home Sales Slow Again, HPI Edged Down 0.8% M/M, but Still Up 19.8% Y/Y
June 27th, 2022
Coming off near-record activity in 2021, the Lower Mainland’s commercial real estate market saw a steady pace of sales in the first quarter (Q1) of 2022. There were 595 commercial … [read more]
Comments Off on Commercial Real Estate Market on A Steady Pace of Sales & Higher Prices
June 24th, 2022
While Canada’s resale home market indicated a cooldown in May, new construction property prices continued to trend upward thanks to higher building costs. In its recently-released New Housing Price Index … [read more]
Comments Off on Growing Construction Costs Continue to Be A Main Factor Behind Rising New Home Prices
Comments Off on The Cost of Borrowing Has Overtaken Supply