REBGV Coquitlam Westwood Plateau Area Detached-Home Resale Average Price/Per Sqft May 2021
June 18th, 2021
June 18th, 2021
June 17th, 2021
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June 17th, 2021
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June 17th, 2021
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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]
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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
A new affordability report from a global economics consulting firm has named a trio of Canadian housing markets as the least affordable on the continent. The North America Housing Affordability … [read more]
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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
June 2nd, 2021
The Metro Vancouver housing market saw steady home sale and listing activity in May, a shift back from the record-breaking activity seen in the earlier spring months. The Real Estate … [read more]
Comments Off on REBGV Listing Up, Home Sale Down in Metro Vancouver
June 2nd, 2021
The national housing market has experienced quite a bit of turbulence over the past year; despite initial forecasts that sales would plunge due to the pandemic, the demand for homes … [read more]
Comments Off on Housing Market Should Return to “Normal” by 2023
June 1st, 2021
The country’s “housing mania” may have been dialled back in April, but home price appreciation continued on a tear. Since April 2020, the first full month that the pandemic’s impact … [read more]
Comments Off on Canadian Home Values Have Risen by 23% ($135,000) Nationally
June 1st, 2021
Home construction across Canada continued at a blistering pace in April, hitting 268,600 annualized units. While it’s lower than the all-time of 334,800 annualized housing starts recorded in March, BMO … [read more]
Comments Off on Building Permits are At Multi-Year Highs, Homebuilding Remained at An Extremely Strong Level
May 31st, 2021
After hitting what now appears to be a peak in March, Vancouver region home sales continued on a cooling trend in the first half of May after showing signs of … [read more]
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Comments Off on REBGV Coquitlam Westwood Plateau Area Detached-Home Resale Average Price/Per Sqft May 2021