October 13th, 2021
Vancouver, BC – October 7, 2021. The British Columbia Real Estate Association (BCREA) has published a report quantifying the imbalance between supply and demand in the BC housing market during … [read more]
October 13th, 2021
Vancouver, BC – October 12, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 9,164 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
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October 12th, 2021
Canada’s luxury residential real estate market is flying high these days, thanks in large part to robust consumer confidence and economic optimism, says a new report from Sotheby’s International Realty … [read more]
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October 12th, 2021
The Fraser Valley is posting the highest home sales and price increases in urban British Columbia this year, but Valley real estate agents warn that a shortage of listings threatens … [read more]
Comments Off on Fraser Valley Home Sales Up 80% & Price Up 25% Compared with 2020
October 8th, 2021
Canada’s housing market entered a high degree of vulnerability in the second quarter, says the Canada Mortgage and Housing Corporation. Previously facing only a moderate degree of vulnerability, Toronto, Ottawa … [read more]
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October 7th, 2021
The industrial vacancy rate in Vancouver has dropped to 0.6% and, unsurprisingly, it’s driving up prices. One reason for such a low vacancy rate is the dearth of land on … [read more]
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October 6th, 2021
Canada’s housing market is seeing a “high degree of vulnerability,” in the face of continued price acceleration and overvaluation. In its Q3-2021 Housing Market Assessment, the Canada Mortgage and Housing … [read more]
Comments Off on The Rating of National Market Vulnerability Escalated from “Moderate” to “High”
October 5th, 2021
SURREY, BC – Demand for Fraser Valley real estate remained robust in September. While overall sales decreased compared to August, total sales reached the second‐highest levels for the month of … [read more]
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October 4th, 2021
Home sale activity remains elevated across Metro Vancouver’s housing market while the pace of homes being listed for sale continues to follow long-term averages. The Real Estate Board of Greater … [read more]
Comments Off on REBGV The Summer Housing Trend Continued in Metro Vancouver
October 1st, 2021
There are a total of 19 condos & 3 townhouses for sale as of October 1st, 2021 in The Windsor Gate by Polygon Home in New Horizons Coquitlam area. The … [read more]
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October 1st, 2021
There are a total of 7 condos for sale as of October 1st, 2021 in Metortown Chancellor by Polygon Home, 4880 Bennett St in Burnaby South area. The smallest condo … [read more]
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October 1st, 2021
There are a total of 14 condos for sale as of October 1st, 2021 in The MET & MET2 by Concord Pacific, 6538 & 6588 Nelson Ave in Burnaby Metrotown … [read more]
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October 1st, 2021
There are a total of 3 houses for sale as of October 1, 2021 in New Horizons & Hockaday Coquitlam. The smallest house added to the market is 1896 sqft … [read more]
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October 1st, 2021
There are a total of 20 houses for sale as of October 1, 2021 in Westwood Plateau Coquitlam. There are 7 new listings for houses for sale in Westwood Plateau … [read more]
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September 30th, 2021
There are a total of 188 condos for sale as of September 30, 2021 in Burnaby Metrotown area. There are 75 new listings for condos for sale in Burnaby Metrotown … [read more]
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September 30th, 2021
There are a total of 6 condos and 1 townhouse for sale as of September 30th, 2021 in The Legacy by Bosa, 2225 Holdom Ave & 5611 Goring St in … [read more]
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September 30th, 2021
There are a total of 212 houses for sale as of September 30, 2021 in Coquitlam. There are 81 new listings for houses for sale in Coquitlam for the period … [read more]
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September 30th, 2021
There are a total of 103 houses for sale as of September 30, 2021 in North Burnaby. There are 35 new listings for houses for sale in North Burnaby for … [read more]
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September 29th, 2021
This quarterly report is the first in a series of regular analysis that our new economics department will begin to publish. Over the next month, watch for new employment and … [read more]
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September 28th, 2021
The record demand for real estate caused by the COVID-19 pandemic has pushed builders to pump out more home starts than they have in more than four decades. Over the … [read more]
Comments Off on Housing Starts at The Highest, But The Length of Time for New Homes to Become Livable Has More Than Doubled
September 27th, 2021
The rate of growth for housing prices across the country has notably dropped compared to the earlier, more hectic market months of 2021. In a recent monthly housing market update … [read more]
Comments Off on Home Prices are Still on The Rise, but Increases are Slowing
September 24th, 2021
Home sales dipped ever so slightly by 0.5% in August from a month earlier, says the Canadian Real Estate Association (CREA), adding that markets are beginning to stabilize after months … [read more]
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Comments Off on Housing Supply & Demand During the Pandemic is Way Out of Balance