January 11th, 2022
It is easy to understand the raw confidence that surrounds the outlook for Metro Vancouver commercial estate going into 2022. When real estate lenders at 30 top Canadian financial firms … [read more]
January 10th, 2022
Shifting property values across British Columbia’s Lower Mainland reflect a pandemic-induced push to the suburbs. The BC Assessment Authority released its latest data earlier this week, detailing market values around … [read more]
Comments Off on Home Price Jumps Reflect in Updated BC Assessments
January 10th, 2022
The COVID-19 pandemic that prompted many Metro Vancouverites to work from home may also have encouraged people to take steps to ensure they lived in a home where they felt … [read more]
Comments Off on Metro Vancouver Saw 43,999 Residential Real Estate Transactions – Up 42.2% from 2020
January 7th, 2022
SURREY, BC – Fueled by the consumer response to the COVID‐19 pandemic along with historically low interest rates, total property sales in the Fraser Valley in 2021 shattered the previous … [read more]
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January 5th, 2022
Metro Vancouver strengthened its status as one of Canada’s hottest housing markets in 2021, with record-breaking sales totals and home prices reaching all-time highs. The Real Estate Board of Greater … [read more]
Comments Off on Record-Setting Home Sales & Prices in Vancouver’s Housing Market
January 5th, 2022
Metro Vancouver home sales reached an all-time high in 2021 as housing needs remained a top priority for residents in the second year of the COVID-19 pandemic. The Real Estate … [read more]
Comments Off on REBGV Metro Vancouver Real Estate Sets Record Numbers
January 4th, 2022
Amid surging prices and tight supply, Canada’s housing affordability has dropped to its worst level in 31 years, according to a report released today by RBC. RBC’s housing affordability measure … [read more]
Comments Off on Housing Affordability will Continue to Decline Because of Already Challenging Conditions, Rising Interest Rates & Ownership Costs
January 4th, 2022
After an unprecedented start to the decade, 2021 has turned out to be a record-smashing year in real estate. What can we expect from the market in 2022? As we … [read more]
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January 3rd, 2022
This November was the second-strongest on record for national home sales with transactions falling just a few hundred short of the 2020 record, according to the Canadian Real Estate Association … [read more]
Comments Off on 2022 CREA’s Prediction & Forecast : No End for Housing Supply/Demand Issues & Rising Home Prices
January 3rd, 2022
Housing affordability is looking “grim” for homebuyers — especially those on the West Coast – going into 2022, according to a new report from economists at the Royal Bank of … [read more]
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December 30th, 2021
There are a total of 131 condos for sale as of December 30, 2021 in Burnaby Metrotown area. There are 42 new listings for condos for sale in Burnaby Metrotown … [read more]
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December 30th, 2021
There are a total of 6 houses for sale as of December 30, 2021 in Westwood Plateau Coquitlam. There are 0 new listing for houses for sale in Westwood Plateau … [read more]
Comments Off on Coquitlam Westwood Plateau Houses for Sale Updates as of December 30, 2021
December 30th, 2021
There are a total of 115 houses for sale as of December 30, 2021 in Coquitlam. There are 28 new listings for houses for sale in Coquitlam for the period … [read more]
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December 30th, 2021
There are a total of 58 houses for sale as of December 30, 2021 in North Burnaby. There are 11 new listings for houses for sale in North Burnaby for … [read more]
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December 29th, 2021
So, what comes next for Canadian real estate? Lenders, economists and brokerage firms have been releasing predictions for the coming year. Some are optimistic with respect to what lies ahead, … [read more]
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December 29th, 2021
In November, the Teranet–National Bank National Composite House Price Index™ increased by 0.4% compared to the previous month, after remaining unchanged in October. The November index was led by seven … [read more]
Comments Off on Teranet-National Bank HPI : Home Price Growth Picks Up by 0.5% M/M
December 28th, 2021
A flurry of home sales early in 2021, combined with unseasonably high autumn transactions, has produced record-setting annual totals in British Columbia. According to the British Columbia Real Estate Association … [read more]
Comments Off on BC Record-Setting Home Sales, Average Home Price Up 14.6% in Greater Vancouver, Increase 21.8% in Fraser Valley Y/Y
December 27th, 2021
Sotheby’s and the Mustel Group have conducted the first in-depth study on the housing desires and preferences of Canadians who fall into the category of Generation Z — that means … [read more]
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December 27th, 2021
Heading into the end of 2021, the Canadian housing market reported an uptick in sales as available inventory remained extremely low. Today, the Canadian Real Estate Association (CREA) released its … [read more]
Comments Off on CREA 2022 Home Sales to Drop, But Prices will Continue to Climb Through Spring
December 23rd, 2021
Fuelled by a surge of multi-family projects, the Canada Mortgage and Housing Corporation (CMHC) found the six-month trend in national housing starts increased last month after a recent decline. In … [read more]
Comments Off on Canadian Housing Starts Upward Trend
December 22nd, 2021
Canadian home prices are anticipated to record strong growth yet again next year according to new market insights by Royal LePage. In a market forecast released today, the brokerage predicted … [read more]
Comments Off on Greater Vancouver Single-Family Detached Homes Price Could Rise 12%, Condos Up 8% by End of 2022
December 21st, 2021
As Vancouver’s housing supply dwindles, an increasing number of buyers — from seasoned investors to deep-pocketed parents — are turning their focus to condos. Condominium apartments made up 53% of … [read more]
Comments Off on Y/Y Condo Sales Up 33.3% in Greater Vancouver, Spiked 42.8% in Fraser Valley
Comments Off on CRE Lender’s Report : The Best Commercial Property Market to Profit in Canada