Blog & News: Vancouver Real Estate Market

Vancouver, BC – February 22, 2017. On the heels of multiple government announcements in 2016 and early 2017, the British Columbia Real Estate Association (BCREA) welcomes the latest: an increase in...

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During its first five days of operation, 45,000 Compass cards were used on the new Evergreen SkyTrain extension, according to early data from TransLink.

 

“We’ll be studying...

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The Federal Government announced significant changes to regulations for new-government backed insured mortgages today. Effective October 17, 2016, all insured homebuyers will have to qualify at the posted...

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A combination of high house prices and a drop in listings hasn't quelled the dream of homeownership and the Tri-Cities is seeing an unusually busy winter real estate market.

 

Tri-City real estate market shows no signs of cooling

 

"It's a supply...

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New down payment rules will go into effective February 15, 2016.

 

“The Government’s role in housing is to set and maintain a framework that is equitable, stable and sustainable. The actions...

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Vancouver's booming real estate industry is being targeted in a federal money-laundering audit that could potentially lead to massive fines and jail time for realtors.

     

Ottawa's increased...

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Professional negotiation skills are a must for all real estate agents helping home buyers and sellers, particularly in the current market.


David Reimers has been awarded the Certified Negotiation Expert...

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   TORONTO - One of the country's big banking groups has issued a report saying that a cooling in Canadian house prices may not be all bad news.

 

The CIBC World Markets says the slowing...

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MISSISSAUGA, Ont. - The latest real estate outlook from ReMax says Canadian home sales increased or held steady in much of the country this year despite tighter financing and economic uncertainty abroad....

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About a third of Baby Boomers plan to sell their home to fund their retirement, according to a study that questions whether buyers will dry up as that massive segment of the population downsizes.

 ...

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While many concerns stem from the Canadian housing market, it will not see an American-style crash, a new Canadian Imperial Bank of Commerce report says.

 

House prices will likely fall north of the...

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Number of units being built year-to-date more than 10 per cent higher than 2011


Construction is going strong in Metro Vancouver, even though home resale prices are dropping slightly and sales activity is...

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Vancouver’s real estate board says there have probably been “some reductions” in prices in some of its hottest markets, acknowledging the country’s most expensive city to buy a home...

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The slumping real estate market is illustrative of the effect it has on the economy as homeowners feel a negative 'wealth effect'

 

The slump in British Columbia's real estate market serves as a cautionary...

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Sagging home sales and flat prices have prompted speculation that the “housing bubble” might be
about to burst — a prospect that immediately catches the attention of British Columbians....

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Metro Vancouver realtors saw their second-slowest August for residential property sales since 1998,
but prices are relatively stable, the region’s main real estate board reported Wednesday.

 ...

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The average price of homes sold in B.C. is forecast to fall 7.8 per cent this year, but that doesn’t mean
the price of a typical home will drop, the B.C. Real Estate Association’s chief economist...

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The average price of homes sold in B.C. is forecast to fall 7.8 per cent this year, but that doesn’t mean
the price of a typical home will drop, the B.C. Real Estate Association’s chief economist...

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RBC Royal Bank raised two of its mortgage rates by one-fifth of a point each on Tuesday, and it’s likely
other lenders will soon follow suit, an economist told The Sun.

 

Helmut Pastrick, chief...

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Buying a first home is one of life’s most significant purchases, and a new poll shows many first-time homebuyers wish they had done things differently.

 

More than half of those who were asked...

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