July 27th, 2021
Ongoing evidence of the strength of the Metro Vancouver multi-family market arrived July 9 with the sale of a 52-year old concrete tower on Vancouver’s English Bay at more than … [read more]
July 26th, 2021
June was a recording-setting month when it came to the home price gains over a 12-month period, shattering peak levels from 2017. In June, the Teranet–National Bank National Composite House … [read more]
Comments Off on The Most Recent Statistics Show A Moderation in Home Sales, Recording-Setting of The Home Price Gains
July 26th, 2021
Early July data shows that housing sales are down across Greater Vancouver for the fifth straight month, but a corresponding drop in new listings may keep price corrections in check. … [read more]
Comments Off on Vancouver Shows Home Sales Down 17%, but Low Inventory May Keep Prices Firm
July 23rd, 2021
Home sellers’ expectations are too lofty and that’s stunting the housing market, claims a missive from RE/MAX Escarpment Golfi Realty Inc. “While market activity was up 103.6% year-over-year, the Canadian … [read more]
Comments Off on CREA National Home Sales Decline by 7.4% M/M, While Market Activity was Up 103.6% Y/Y
July 23rd, 2021
Commercial real estate in the Vancouver area increased by 15% year-over-year in the first quarter of the year, and at $2.7 billion, it also marked the highest total since the … [read more]
Comments Off on Vancouver Commercial Industrial Sector Performed Very Well in Q1
July 22nd, 2021
The number of new listings coming onto the Vancouver market has been on a decline, a trend that could alter market activity in the coming months, according to new insights. … [read more]
Comments Off on Active Listings Dropped, Setting Up for A Competitive September
July 21st, 2021
In June the Teranet–National Bank National Composite House Price IndexTM was up 2.7% from the previous month. This was close to a record but was the first time since January … [read more]
Comments Off on The 12-Month Rise of Home Prices Broke The 2017 Record
July 20th, 2021
The aggregate price of a Vancouver home surged during the second business quarter this year, setting a trajectory for further price growth by the end of 2021. New data released … [read more]
Comments Off on Home Price Growth Between Single-Family & Condominium Types Continued to Widen
July 20th, 2021
After a record-breaking spring for Canadian home sales, buying and selling activity across the country has continued to trend downward during the early summer months. In its National Statistics report … [read more]
Comments Off on Housing Markets Take Another Step Towards Normalcy After The Springtime Peak
July 19th, 2021
The aggregate price of a Canadian home will jump by 16% year-over-year in Q4-2021 amid voracious demand, according to Royal LePage’s House Price Survey. The aggregate price of a home … [read more]
Comments Off on Aggregate Canadian Home Price Up by 25.3% in Q2, will Jump By 16% Y/Y in Q4
July 16th, 2021
Comments Off on Burnaby Metrotown Area Condo/Apartment Resale Average Price/Per Sqft June 2021
July 16th, 2021
Comments Off on North Coquitlam & New Horizons Area Condo/Apartment Resale Average Price/Per Sqft June 2021
July 16th, 2021
Comments Off on Coquitlam New Horizons & Hockaday Area Detached-Home Resale Average Price/Per Sqft June 2021
July 16th, 2021
Comments Off on Coquitlam Westwood Plateau Area Detached-Home Resale Average Price/Per Sqft June 2021
July 15th, 2021
Comments Off on Burnaby Brentwood Area Condo/Apartment Resale Average Price/Per Sqft June 2021
July 15th, 2021
Comments Off on REBGV Condo/Apartment Resale Average Price/Per Sqft June 2021
July 15th, 2021
Comments Off on REBGV Townhouse Resale Average Price/Per Sqft June 2021
July 15th, 2021
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft June 2021
July 14th, 2021
The ability for Canadians to afford a home has fallen to its worst level in 31 years, according to RBC, which used its own affordability measure to make the determination. … [read more]
Comments Off on Forecasts : Home Prices to Continue to Rise Because of Tight Supply & Demand Conditions
July 14th, 2021
Since reaching their peak in March, Canadian home sales have been on a downward trend. Yet, with the number of new listings dropping simultaneously, market conditions will likely continue to … [read more]
Comments Off on Shortage of New Listings Causes Canadian Home Sales to Decline Further
July 13th, 2021
The increased activity seen in the Lower Mainland’s commercial real estate market in the latter half of 2020 carried into the first quarter (Q1) of 2021. There were 576 commercial … [read more]
Comments Off on Commercial Real Estate Market Sees Activity Pick Up in Q1
July 13th, 2021
Last month, housing market activity in Metro Vancouver continued to dial back from the record-setting levels seen in March and April, easing the region into a calmer pace at the … [read more]
Comments Off on Vancouver Housing Market Begins to Normalize
Comments Off on Multi-Family Real Estate Sets The All-Time Record : Sale Volume Hit $1.64 Billion, 235% Higher Y/Y