October 17, 2017 - The Office of the Superintendent of Financial Institutions (OSFI) announced new restrictions on uninsured mortgages today. Effective January 1, 2018, all home-buyers with a down-payment...
Blog & News: Vancouver Real Estate Market
The Tale of Two Housing Segments Continues in the Greater Vancouver Residential Real Estate Market
Affordability issues and mortgage regulations spur activity in the region’s entry-level market
Price gap between condominiums and two-storey homes continues to narrow, benefiting move-up buyers
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BC Home Sales Ratchet Higher in September
Vancouver, BC – October 12, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 8,340 residential unit sales were recorded by the Multiple Listing Service® (MLS...
Home buyer demand continues to differ based on housing type
VANCOUVER, BC – October 3, 2017 – Apartment and townhome activity is outpacing the detached home market across Metro Vancouver*. This activity helped push total residential sales...
Condominium sales drive August activity
VANCOUVER, BC – September 5, 2017 – Competition for condominiums and townhomes pushed Metro Vancouver* home sales above typical levels in August.
The Real Estate Board of Greater...
Canada’s Residential Real Estate Market Makes the Move to Moderation in the Second Quarter of 2017
Greater Vancouver Home Price Appreciation Dips to Single-Digit Gains in Second Quarter of 2017
Low inventory coupled with an uptick in buyers maintain the region's seller's market
VANCOUVER, July...
Strong Economy Keeps Housing Demand Above Long-Run Average
Vancouver, BC – July 13, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 11,671 residential unit sales were recorded by the Multiple Listing Service...
Demand for condominiums continues to outstrip supply
VANCOUVER, BC – July 5, 2017 – The imbalance between supply and demand in the condominium market is creating home buyer competition across Metro Vancouver*.
The Real Estate Board of Greater...
Housing Supply Not Keeping Pace with Demand in Most BC Regions
Vancouver, BC–June 13, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 12,402 residential unit sales were recorded by the Multiple Listing Service®...
Home buyer activity returned to near record levels across the Metro Vancouver* housing market in May
June 2, 2017 - Residential property sales in the region totalled 4,364 in May 2017, a decrease of 8.5 per cent from the 4,769 sales in May 2016, an all-time record, and an increase of 22.8...
Condominiums and townhomes in high demand across Metro Vancouver
VANCOUVER, BC - May 2, 2017 - Demand for condominiums and townhomes continues to drive the Metro Vancouver* housing market.
Residential property sales in the region totalled 3,553 in April 2017,...
Canada’s Two Largest Real Estate Markets Head in Opposite Directions in the First Quarter of 2017
Over-heated Toronto market boils over into adjacent regions
Market slows in Vancouver, yet signs point to early rebound
TORONTO, April 18, 2017 – According to the Royal LePage...
Demand for homes continues to outpace supply in Metro Vancouver
VANCOUVER, BC – April 4, 2017 – A shortage of residential property listings coupled with strong demand, particularly for condos and townhomes, continued to impact Metro...
Low supply continues to limit Metro Vancouver home buyers
VANCOUVER, BC – April 4, 2017 – A shortage of residential property listings coupled with strong demand, particularly for condos and townhomes, continued to impact Metro Vancouver’s...
Economy, population growth support housing demand through 2018
Vancouver, BC – February 17, 2017.The British Columbia Real Estate Association (BCREA) released its 2017 First Quarter Housing Forecast Update today.
Multiple Listing Service® (MLS®...
BC Home Sales Return to Historic Average
Vancouver, BC – February 15, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 4,487 residential unit sales were recorded by the Multiple Listing Service® (MLS...
4 Steps to Negotiate like a PRO!
I negotiate for a living, day in and day out. It's one of my favourite things to do. Below are a few steps that, if followed, will help you save your money...
Metro Vancouver housing market off to a quieter start than last year
VANCOUVER, BC – February 2, 2017 – Home sales and listings trends are below long-term averages in the Metro Vancouver* housing market. This is due largely to reduced activity in the detached...
BC Home Sales Post Record Year
Vancouver, BC – January 13, 2017. The British Columbia Real Estate Association (BCREA) reports that a record 112,209 residential unit sales were recorded by the Multiple Listing Service®...
BC Home Sales Trend Toward Ten-Year Average
Vancouver, BC – December 15, 2016. The British Columbia Real Estate Association (BCREA) reports that 6,419 residential unit sales were recorded by the Multiple Listing Service® (MLS...
