May 25th, 2022
The Bank of Canada’s effort to tamp down on inflation is having its expected impact on BC’s housing marketing. The province posted 8,934 residential unit sales last month – down … [read more]
May 24th, 2022
Smart home technologies are revolutionizing real estate. According to a recent study, about 69% of US households have a smart home device. Out of the 83 million households with smart … [read more]
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May 24th, 2022
The cost to build a home in Canada increased at levels not recorded since the second quarter of 2021, a trend that could be supported by higher fuel and labour … [read more]
Comments Off on Residential Construction Costs Up 5.6% in Q1 2022
May 24th, 2022
There are two things that have seemingly been constant fixtures in Canadian real estate for at least the last decade: the rising cost of homes, and the supposed Canadian housing … [read more]
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May 23rd, 2022
As a real estate investor, you have many different options when it comes to where you want to put your money in order for it to grow. One of the … [read more]
Comments Off on Why Special Mortgages for Commercial Real Estate?
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]
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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
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May 19th, 2022
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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]
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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
Comments Off on BC Declining Home Sales Not Affecting Home Prices So Far