Blog & News: Vancouver Real Estate Market

The summer of 2012 drew to a close in September with home sale activity well below historical averages in the Greater Vancouver housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports...

   Canadian job growth bounced back in August as employment expanded by 34,300. Just as last month's over 30,000 job losses were entirely due to part-time employment, this month's gains were the...

Home sale activity remained below long-term averages in the Greater Vancouver housing market in August.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached,...

   For the complete news release, including detailed statistics, click: here.

Vancouver, BC – August 28, 2012. The BCREA Commercial Leading Indicator (CLI) continued to trend higher...

   Residential property sales in Greater Vancouver remained at a 10-year low in July, while the number of properties being listed for sale continued to edge down and prices remained relatively...

   Property in the Lower Mainland continues to attract investors world-wide. It is therefore important for you (the non-resident) to understand Canada’s tax laws to help avoid mistakes and...

   The number of residential property sales hit a 10-year low in Greater Vancouver for June, while prices remained relatively stable.

The Real Estate Board of Greater Vancouver (REBGV)...

   For the fourth time in the past four years, the Federal Government has announced further action to restrict mortgage credit. The new measures include:

• The maximum amortization on a prime mortgage...

Vancouver, BC – June 6, 2012. The British Columbia Real Estate Association (BCREA) released its 2012 Second Quarter Housing Forecast today.

BC Multiple Listing Service® (MLS®) residential...

   The number of properties listed for sale continued to increase in the Greater Vancouver housing market in May. The number of sales decreased year over year, but remained relatively constant...

Canadian CPI inflation registered 2.0 per cent (year-over-year) in April, a 0.1 point increase from March inflation of 1.9 per cent. The rise in consumer prices was led by transportation costs, including...

   Canadian manufacturing sales increased 1.9 per cent in March, the largest advanced since September 2011. The gain was largely driven by higher sales of petroleum and coal products, though higher...

   Canadian employment rose by 58,000 jobs in April following a blockbuster March in which employment increased by 82,000. Despite large job gains in the past two months, the national unemployment...

   Canadian building permits continue to show strength, rising 4.7 per cent month-over-month in March. The gain at the National level was mostly the result of higher institutional and commercial...

   Home sale and listing activity has maintained a consistent pace on the Multiple Listing Service® (MLS®) in Greater Vancouver in recent months, which has helped create balanced conditions...

Buying your first home is a very exciting yet stressful time. It's one of the most important decisions you'll ever make and one of the main reasons to seek professional advice. The right advisor will help...

   The Bank of Canada left its overnight rate unchanged at 1 per cent for the 13th consecutive meeting. In the statement accompanying the decision the Bank noted that economic momentum in Canada...

   For the complete news release, including detailed statistics, click here.

Vancouver, BC – April 13, 2012. The British Columbia Real Estate Association (BCREA) reports that the...

   Home sales in March trended below the 10-year average in Greater Vancouver while home listing activity outpaced what’s typical for the month.

The Real Estate Board of Greater Vancouver...

   The Canadian economy got off to a slow start to begin 2012, failing to build on momentum from December. January Gross Domestic Product grew just 0.1 per cent, after posting robust 0.5 per cent...