These days, most people will do anything to avoid crowded shopping centers and aggressive parking lot driving. We’re comfortable ordering many big-ticket items online, including king-size mattresses and brand name … [read more]
There was a slight increase in Canadian housing starts in November, the second month of strong activity for the homebuilding sector. But according to economists, the solid performance could hit … [read more]
After two years of holding court at the top of global price rankings, the Canadian housing market took another price tumble last quarter. While the country’s housing market held fourth … [read more]
Vancouver, BC – December 14, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 5,179 residential unit sales were recorded by the Multiple Listing Service® (MLS®) … [read more]
Moving into a smaller space often means making the decision to live with (a lot) less. Here’s how to ease the transition from big to small before moving day. A … [read more]
The southwestern British Columbian market continues to feel the impact of a markedly lower level of demand, according to the Fraser Valley Real Estate Board. “Lessening demand continues to impact … [read more]
For months, industry experts have written about how higher interest rates will affect the Canadian housing market in 2019. But according to one economist, they might not be such a … [read more]
BC homeowners will see overall “signs of moderation” in their upcoming property assessments, with some parts of the province seeing declines and others considerable increases, according to BC Assessment. The … [read more]
New home prices won’t collapse next year, nor will they begin surging again, predicts a market observer with about 30 years of experience in the industry. “I certainly think prices … [read more]
2018 began with a steep nationwide drop in housing activity. Stricter mortgage qualification rules pushed buyers to the sidelines, as year-over-year double-digit sales decreases became the norm. Of course, some … [read more]
In November the Teranet–National Bank National Composite House Price IndexTM was down 0.3% from the previous month.[1] A November decline is not the norm – this was only the fourth … [read more]
The condominium market in the UnitedStates is on an upward trend, with market gains concentrated in the South,which is home to more than 40 percent of the total condo market. … [read more]
Three percent of residential property sales in Metro Vancouver during October involved a foreign buyer, updated figures released by the BC government suggest. The share of foreign buyers active in … [read more]
As Metro Vancouver developers pressed on with more new residential project launches, demand for homes on the resale market stayed stuck below historically normal levels in November. A total of … [read more]
Would-be investors who remain wary of the Canadian real estate market’s price growth should take a measure of comfort in the results of a new study conducted by Chartered Professional … [read more]
Three interest rate hikes in 2019 — that’s what economists have been predicting for months, as part of the Bank of Canada’s ongoing strategy to keep the country’s inflation levels … [read more]
November home sales across Metro Vancouver were 34.7% below the 10-year average for the month, according to new Real Estate Board of Greater Vancouver data released December 4. A total … [read more]
Congratulations on your new home! You survived the paperwork. You got all of your belongings moved in and everything unpacked. You even got a lawnmower, some power tools and a … [read more]
A garage is just as important as any other area of the house. The reason is that it provides your vehicle a nice shelter from the elements. Aside from that, … [read more]
2018’s headlines were dominated by a new mortgage stress test, stricter foreign buyer taxes for two major markets and the ongoing effects of dipping oil prices, all of which took … [read more]
Commercial real estate sales in the Lower Mainland declined in the third quarter (Q3) of 2018 compared to the elevated activity experienced in recent years. There were 565 commercial real … [read more]
To get a handle on how detached home values in Vancouver have evolved since 2016, the year the province started taxing foreign buyers, Glacier Media analyzed median prices — and … [read more]
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