February 21st, 2022
The combined value of multi-family apartment building sales across Metro Vancouver more than doubled during 2021. According to CBRE’s 2021 Apartment Report, multi-family sales in the region totalled $2.2 billion … [read more]
February 18th, 2022
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February 18th, 2022
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February 18th, 2022
Comments Off on Coquitlam New Horizons & Hockaday Area Detached-Home Resale Average Price/Per Sqft January 2022
February 18th, 2022
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February 17th, 2022
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February 17th, 2022
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February 17th, 2022
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February 17th, 2022
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February 16th, 2022
The annual Altus Group’s Canadian Cost Guide 2022, tracking hard construction costs across Canada, has been released and it shows a sharp increase in costs in 2021 compared to 2020. … [read more]
Comments Off on Average New 2600 SqFt House Sells for $1.75 Million, Includes $191,000 in Municipal Fees & Taxes & $666,000 for The Land
February 16th, 2022
It’s not a crown any Canadian city wishes to lay claim to, but Vancouver is – for now – giving up its title as the country’s most expensive real estate … [read more]
Comments Off on Toronto Overtakes Vancouver Despite Benchmark Prices Hitting Record High
February 15th, 2022
Low housing inventory across Metro Vancouver resulted in decreased sales and increased prices during the first month of 2022. According to the Real Estate Board of Greater Vancouver (REBGV), the … [read more]
Comments Off on Metro Vancouver Home Prices Reaching New Highs as Reduced Supply Putting Upward Pressure on Prices
February 14th, 2022
Despite historically low inventory, housing demand remains high in British Columbia and prices are expected to continue climbing, according to the British Columbia Real Estate Association’s (BCREA) 2022 first quarter … [read more]
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February 14th, 2022
Vancouver, BC – February 14, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 6,138 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA Home Sales Activity Remains Strong
February 9th, 2022
Fewer listings will lead to yet higher real estate prices in British Columbia, according to the British Columbia Real Estate Association’s 2022 first quarter market forecast. “We expected home sales … [read more]
Comments Off on BC Home Prices to Jump Another 8.5% in 2022?
February 8th, 2022
The number of Metro Vancouver homes listed for sale in January was 31.8% lower than what was seen in January 2021, and this is nudging home prices ever higher, according … [read more]
Comments Off on Tight Supply Pushes Metro Vancouver Detached Home Prices Up Almost 23% Y/Y
February 7th, 2022
Relatively affordable prices, combined with a pandemic-induced desire for additional space and new transportation infrastructure, have made Langley one of Metro Vancouver’s hottest housing markets. The Fraser Valley Real Estate … [read more]
Comments Off on Skytrain Extension & Rising Population Heat Up Langley Housing Market
February 7th, 2022
Vancouver, BC – February 2, 2022. The British Columbia Real Estate Association (BCREA) released its 2022 First Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in the … [read more]
Comments Off on BCREA Q1 Housing Forecast Update – Activity Normalizing into 2022
February 4th, 2022
SURREY, BC – On the heels of the busiest year in history for Fraser Valley real estate, January activity saw the beginnings of a market rebalancing. Overall property sales – … [read more]
Comments Off on FVREB Housing Activity Rebalancing as New Listings Surge
February 4th, 2022
Despite inflation reaching a 30-year high, the Bank of Canada opted today to leave its trend-setting Overnight Lending Rate untouched at 0.25%, where it has remained since March 2020 in … [read more]
Comments Off on Bank Of Canada Policy Report Predicts A Strong 2022 Housing Market
February 3rd, 2022
Between Canada’s two most expensive cities, Vancouver has always outranked Toronto by a mile when it comes to home prices. Now, new data shows that the two markets are neck-and-neck, … [read more]
Comments Off on Home Prices Gap Between Toronto & Vancouver Has Narrowed
February 3rd, 2022
The first month of 2022 saw home sales come down from last year’s record-setting pace, while low supply continued to cause home prices to edge higher across Metro Vancouver. The … [read more]
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