April 3rd, 2024
Canadian homebuilding started the year on a sluggish note, with housing starts slipping 10% between December and January. But February more than made up for that decline. According to figures … [read more]
March 27th, 2024
A promising presale market in Metro Vancouver and the Fraser Valley is sparking optimism among real estate buyers. Three presale projects launched in January, increasing to six in February for … [read more]
Comments Off on The Presale Launches in Metro Vancouver & Fraser Valley Heating Up 3-Months in A Row
March 26th, 2024
March 2024 Greater Vancouver Real Estate Market Insights Welcome to the March 2024 episode of the Presale Pulse, a real estate show brought to you by hosts Suzana Goncalves and … [read more]
Comments Off on Insights & A Positive Shift in Resale & Presale Housing Markets
March 20th, 2024
In late February, the provincial government announced its intention to institute the BC home flipping tax, set to take effect on January 1, 2025. The tax, part of the Provincial … [read more]
Comments Off on What Would BC’s New Flipping Tax Policy Mean for Presale?
February 27th, 2024
February 2024 Fraser Valley Real Estate Market Insights Welcome to the February 2024 Fraser Valley Presale Pulse episode, a real estate show brought to you by hosts Suzana Goncalves and … [read more]
Comments Off on Fraser Valley Resale Activity Surge, Presale Captivating Interest in A Subdued Market
February 26th, 2024
February 2024 Greater Vancouver Real Estate Market Insights Welcome to the February 2024 episode of the Presale Pulse, a real estate show brought to you by hosts Suzana Goncalves and … [read more]
Comments Off on From Resale Momentum to Noteworthy Presale Market in Greater Vancouver
February 23rd, 2024
Zonda Urban’s exclusive data for the Q4-2023 multi-family market indicates that Vancouver buyers are finally coming out from hibernation. In the fourth quarter of 2023, 3,210 new residences were sold, … [read more]
Comments Off on Optimism Growing in Metro Vancouver New Home Projects
February 14th, 2024
For developers in the presale market, 2023 was a challenging year. Still, many managed to find success. A total of 13,049 units across 104 projects launched over the course of … [read more]
Comments Off on Presale Unit Absorption, Prices & Consumer Sentiment is Expected to Improve in 2024
February 12th, 2024
Often appliances (or a selection of appliances) are included with a new construction home, or are offered as a builder incentive, but it is worth taking the builder package, or … [read more]
Comments Off on Taking The Builder Appliance Package or Shop Around & Supply Your Own
February 12th, 2024
We are thrilled to unveil the MLA Intel 2024 report, our annual market intelligence spanning BC’s presale real estate market. This new edition offers a comprehensive overview of the past … [read more]
Comments Off on Presale & Resale Market Summary, Forecast in A Shifting Landscape
February 2nd, 2024
Rising interest rates, elevated borrowing costs, and waning demand weighed on homebuilding across Canada in 2023, leading to an annual decline in new home prices come year end. According to … [read more]
Comments Off on The National Supply of Unabsorbed Single-Family Homes was Up 37.6% Y/Y
January 31st, 2024
January 2024 Fraser Valley Real Estate Market Insights Welcome to the January 2024 Fraser Valley Presale Pulse episode, a real estate show brought to you by hosts Suzana Goncalves and … [read more]
Comments Off on Fraser Valley’s Presale Market Gears Up for Growth
January 29th, 2024
January 2024 Greater Vancouver Real Estate Market Insights Welcome to the January 2024 episode of the Presale Pulse, a real estate show brought to you by hosts Suzana Goncalves and … [read more]
Comments Off on Greater Vancouver Resale & Presale Market Insights, Expectations & Challenges
January 17th, 2024
“While the presale market remained relatively dormant in December, there were a handful of launches that saw strong early sales absorptions. These projects came to market against little competition and … [read more]
Comments Off on Shifts in Real Estate & Presale Housing Markets in 2024
January 10th, 2024
Attitudes about the year ahead for BC’s construction industry are looking rosier than expected. Despite economic uncertainties, 87% of BC contractors expect 2024 to be as busy – or even … [read more]
Comments Off on BC Construction Industry Forecasts 2024 will Be A Busier Year
January 4th, 2024
In a move that aligns with market expectations, the Bank of Canada has maintained its overnight rate target at 5.00% in its final announcement of 2023. This decision reflects the … [read more]
Comments Off on Steady Rates Impact & The Future of Pre-Sale in 2024
Comments Off on Canadian Builders Play “Catch Up”, as Housing Starts Surge 14% M/M