TORONTO, March 29, 2018 – According to a Royal LePage advisor survey, which consolidated the views of 535 real estate professionals in British Columbia and Alberta, the implementation of new housing taxes outlined in British Columbia's 2018 budget have the potential to significantly...
News: Vancouver Real Estate Market
Posted in: BC Tax Low , House Demand , Housing Forecast , Housing Market Updates , Metro Vancouver Real Estate , Royal LePage
New tax policies put pressure on Canadians to sell their secondary properties within the province Albertans anticipated to look within their own province and to the United States for secondary properties
Posted in: BCREA , British Columbia Real Estate Board , House Demand , Metro Vancouver Real Estate , Mortgage Rules , Real Estate Market , Real Estate Update
Vancouver, BC – March 14, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 6,206 residential unit sales were recorded by the Multiple Listing Service® (MLS® ) across the province in February, a 5.7 per cent decrease from the same period last year. The average MLS® residential price in BC was $748,327, up 8.8 per cent from the previous year. Total sales dollar volume was $4.64 billion, a 2.6 per cent increase from February 2017.
Posted in: House Market Updates , housing demand , housing forecast , Metro Vancouver , Price Index , Real Estate Board of Greater Vancouver , REBGV
VANCOUVER, BC – March 2, 2018 – Metro Vancouver* home sales dipped below the longterm historical average in February.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,207 in February 2018, a nine per cent decrease from the 2,424 sales recorded in February 2017, and a 21.4 per cent increase compared to January 2018 when 1,818 homes sold.
Last month’s sales were 14.4 per cent below the 10-year February...