June 22nd, 2021
In May the Teranet–National Bank National Composite House Price IndexTM was up 2.8% from the previous month, the largest monthly rise since the index series began in 1999. It was … [read more]
June 21st, 2021
It appears that buyer fatigue has indeed crept into the Canadian housing market, with sales declining by 7.4% month-over-month in May, says the Canadian Real Estate Association (CREA). Although activity … [read more]
Comments Off on Homebuyer Has Settled into The Canadian Housing Market with Home Sales Down Consecutive Months
June 21st, 2021
Home resales in Canada are slated to jump 16% to 636,700 in 2021, says RBC Economics—up from its initial forecast of 588,300 back in January—before softening to 505,300 in 2022. … [read more]
Comments Off on Home Sales Pace & Price Growth to Begin Moderating into 2022
June 18th, 2021
Comments Off on REBGV Burnaby Metrotown Area Condo/Apartment Resale Average Price/Per Sqft May 2021
June 18th, 2021
Comments Off on REBGV North Coquitlam New Horizons Area Condo/Apartment Resale Average Price/Per Sqft May 2021
June 18th, 2021
Comments Off on Coquitlam New Horizons & Hockaday Area Detached-Home Resale Average Price/Per Sqft May 2021
June 18th, 2021
Comments Off on REBGV Coquitlam Westwood Plateau Area Detached-Home Resale Average Price/Per Sqft May 2021
June 17th, 2021
Comments Off on REBGV Burnaby Brentwood Area Condo/Apartment Resale Average Price/Per Sqft May 2021
June 17th, 2021
Comments Off on REBGV Condo/Apartment Resale Average Price/Per Sqft May 2021
June 17th, 2021
Comments Off on REBGV Townhouse Resale Average Price/Per Sqft May 2021
June 17th, 2021
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft May 2021
June 16th, 2021
Canada’s housing market has more firepower than some economists had imagined heading into 2021 and its performance through the first half of the year has Canada’s biggest bank reassessing its … [read more]
Comments Off on Canadian Housing Market to Materialize in 2022, but Many Homebuyers will Face A Tough Road Ahead
June 15th, 2021
Housing markets on both sides of the border have continued to sizzle through 2021, but Canadian real estate is indisputably hotter than the US market right now. In a recently … [read more]
Comments Off on Canada’s Housing Market is Hotter Than The US
June 14th, 2021
Home sales may have decelerated in most Canadian markets in May, but prices still rose on a monthly basis because there are fewer new listings on the market, says a … [read more]
Comments Off on Why are Home Prices Still Rising Even Sales Activity is Down?
June 14th, 2021
New homebuyers kicked off 2021 with a bang, scooping up 6,208 new properties across the Vancouver region in the first quarter of the year. That figure represents a 174 percent … [read more]
Comments Off on Vancouver Region New Home Sales Soared 174% in Q1 2021
June 14th, 2021
Vancouver, BC – June 14, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 12,638 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA New Listings in Outside of Metro Vancouver Have Started to Flatten Out
June 9th, 2021
The record-setting pace of home sales in the Vancouver market seen in the early months of the year died down in May, as 4,268 properties changed hands across the region. … [read more]
Comments Off on Detached Homes, Townhomes & Condos Remained Comfortably in Seller’s Market Territory
June 9th, 2021
An Oxford Economics report recently bestowed upon Vancouver the dubious honour of being North America’s least affordable city, and according to a local real estate professional, that won’t change unless … [read more]
Comments Off on Vancouver’s Affordability Woes Amplified by Supply Shortage
June 8th, 2021
The total value of residential building permits issued in Canada last month has pulled back from a peak in March, led by a double-digit decline in British Columbia. More than … [read more]
Comments Off on The Value of BC Residential Building Permits Issued Up 23% Y/Y
June 7th, 2021
The BCREA Commercial Leading Indicator (CLI) rose from 144 to 150 in the first quarter of 2021, representing the third consecutive increase as the economy recovered from the COVID-19-induced recession. … [read more]
Comments Off on Economic Recover Drives Commercial Real Estate Higher in Q1
June 4th, 2021
As we inch closer to the middle of 2021, there’s no question that it’s already been a barnburner of a year for BC’s housing market. Signs that the heat is … [read more]
Comments Off on Red-Hot BC Housing Market will Cool in 2022
June 3rd, 2021
SURREY, BC – Fraser Valley’s extraordinary pandemic real estate market continued to break sales records – for the ninth consecutive month – while at the same time, reaching near-historic levels … [read more]
Comments Off on FVREB Record-Breaking New Listings & Record-High Home Sales
Comments Off on The Teranet-National Bank HPI Jumped 2.8% M/M to an All-Time High