May 23rd, 2022
In this Market Intelligence, Bigger, Faster, More Affordable? Evaluating the Impact of Supply-Side Policies on the BC Housing Market, we use an economic model under development at BCREA to explore … [read more]
May 23rd, 2022
Home shoppers in Metro Vancouver likely saw a more normal pace to the market in April as trends “returned to more historically typical levels,” last month. According to the most … [read more]
Comments Off on Home Sales Fall, Fewer New Listings & Average Home Price Up 18.9% Y/Y
May 21st, 2022
Nowadays, it seems like everybody is looking for ways to make their homes more unique and beautiful. But sometimes, it’s tough to find the motivation to make big improvements. This … [read more]
Comments Off on Simple & Inexpensive Home Improvement Projects to Add Value to Your Home
May 20th, 2022
Comments Off on Burnaby Metrotown Area Condo/Apartment Resale Average Price/Per Sqft April 2022
May 20th, 2022
Comments Off on Coquitlam New Horizons Area Condo/Apartment Resale Average Price/Per Sqft April 2022
May 20th, 2022
Comments Off on Coquitlam New Horizons & Hockaday Area Detached-Home Resale Average Price/Per Sqft April 2022
May 20th, 2022
Comments Off on Coquitlam Westwood Plateau Detached-Home Resale Average Price/Per Sqft April 2022
May 19th, 2022
Comments Off on Burnaby Brentwood Area Condo/Apartment Resale Average Price/Per Sqft April 2022
May 19th, 2022
Comments Off on REBGV Condo/Apartment Resale Average Price/Per Sqft April 2022
May 19th, 2022
Comments Off on REBGV Townhouse Resale Average Price/Per Sqft April 2022
May 19th, 2022
Comments Off on REBGV Detached-Home Resale Average Price/Per Sqft April 2022
May 18th, 2022
These days, everyone has their eyes on the Bank of Canada as they are in the progress of gradually raising interest rates. As the Bank of Canada rate goes up, … [read more]
Comments Off on Overnight vs. Prime Rate, Effects on Existing & New Mortgages
May 18th, 2022
In the last two years, it’s been nearly impossible to avoid the reality that house prices have skyrocketed rapidly. Canadians have watched with awe (and sometimes terror) as rising house … [read more]
Comments Off on House Prices Growth in Canada, Highest by Province
May 18th, 2022
British Columbia’s housing market remained active through March but is expected to downshift as rising interest rates curb sales and prices. Multiple Listing Service (MLS) home sales fell 0.8% to … [read more]
Comments Off on BC Housing Market Remained Active But Rising Interest Rates Curb Sales & Prices
May 17th, 2022
Providing quality products and services to clients is becoming increasingly vital in a dynamic real estate sector. Therefore, you must ensure your agent is well trained and able to provide … [read more]
Comments Off on Establishing Relationships with A Well-Prepared Real Estate Agent
May 17th, 2022
After feasting on historically low mortgage rates for nearly 15 years, homeowners are facing a famine of sorts as the Bank of Canada takes measures to tamp down on inflation … [read more]
Comments Off on Rate-Hikes Putting Pressure on Homeowners & 1st-Time Buyers
May 17th, 2022
For the first time in two years, home sales in the Fraser Valley dropped from March and fell below the region’s decade-long average, an indication that the market is rebalancing … [read more]
Comments Off on Townhomes in Fraser Valley Increased The Most in Price, Rising 1.8% M/M, 38.3% Y/Y
May 16th, 2022
When it comes to real estate, the more money you have, the more options you can find for investing. For those with less money even, there are still options to … [read more]
Comments Off on How to Invest $500k in Real Estate?
May 16th, 2022
Vancouver, BC – May 12, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 8,939 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Comments Off on BCREA Housing Market Conditions Remain Tight Given Existing Levels of Supply
May 16th, 2022
A new home finance survey from the Bank of Montreal has found that, among other things, more Canadians are looking to buy in major city centres as business picks up … [read more]
Comments Off on 73% of Canadian Homebuyers Willing to Spend More After Returning to Major Cities
May 16th, 2022
The benchmark price of a home in Greater Vancouver in April inched up just 1% from March as sales dropped more than 25% and were down more than a third … [read more]
Comments Off on April Home Sales Plunge 34% Y/Y, Down 25.6% M/M as Prices Increases Stall at A Lofty High
May 14th, 2022
If there is one area that rebounded with zest following the effects of Covid-19, it is home prices. For example, in June 2021, home prices in the US had surged … [read more]
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Comments Off on BCREA Market Intelligence : Evaluating The Impact of Supply-Side Policies on the BC Housing Market