As home prices and interest rates continue to rise, whilst inventory remains extremely tight, Canada’s first-time buyers are feeling increasingly worried about missing out on their desired home because...
Blog & News: Vancouver Real Estate Market
BC HOUSING MARKET CONTINUES TOWARDS STRONG RECOVERY
In July 2020, the British Columbia Real Estate Association (BCREA) reported a total of 10,090 residential unit sales recorded by the Multiple Listing Service® (MLS®). This showed an increase of...
STEADY SUMMER ACTIVITY FOR METRO VANCOUVER HOUSING MARKET
In July 2020, residential home sales in the region totaled 3,128 according to the Real Estate Board of Greater Vancouver (REBGV). This represents a 22.3% increase from the 2,557 sales recorded in July 2019...
HOME SALE AND LISTING ACTIVITY SEE STEADY INCREASES IN JUNE
Residential home sales in the region totalled 2,443 in June 2020 accroding to the Real Estate Board of Greater Vancouver (REBGV). This is a 17.6% increase from 2,077 sales recorded in June 2019 and a 64.5%...
LOW SUPPLY AND STEADY DEMAND BENEFITS HOME SELLERS
The residential home sales in the region reached 2,150 in February 2020, a 44.9% increase when compared to the 1,484 sales that were recorded in February 2019, and a 36.9% increase from the 1,571 homes...
Canadian Newcomers are buying one in five homes
The Royal LePage 2019 Newcomer Survey, shows that Canadian newcomers are heading to make 680,000 home purcahses over the next five years. British Columbia is the third most popular destination for international...
Pace of House Price Inflation in Toronto and Vancouver to Return to Earth in 2016
Canada’s residential real estate market showed strong growth in the fourth quarter of 2015, led by hot Vancouver and Toronto markets according to the Royal LePage House Price Survey[1] and Market...