The Canadian government has recently announced a two-year extension to the ban on foreign ownership of Canadian housing. This move reflects the government's commitment to ensuring that Canadians have access...
While the Metro Vancouver market ended 2023 in balanced market territory, in January conditions began shifting back in favor of sellers as the pace of newly listed properties did not keep up with the...
Royal LePage expects sidelined buyers to re-engage this quarter ahead of expected rate cuts by the Bank of Canada.
National Summary
National aggregate home price increased 4.3% year over year in Q4 2023;...
In 2023, Metro Vancouver’s housing market closed out with balanced market conditions, but the year-end totals there is a story of surprising resilience in the face of the highest borrowing costs...
Canada’s housing market could return to more normal levels of activity and price trends next year, following several years of unprecedented ups and downs. The Bank of Canada is expected to lower its overnight...
Canadians may see the real estate market return closer to normal in 2024, after years of unprecedented irregularity. According to the Royal LePage Market Survey Forecast, the aggregate price of a home...
The Bank of Canada is widely expected to hold its benchmark interest rate when it meets next week, but a lot has changed since October. Cooling inflation, here and south of the border, and a weakening economy...
With 2023 coming to an end, a steady increase in housing inventory is offering home buyers across Metro Vancouver among the largest selection to choose from since 2021.
The Real Estate Board of Greater...
Royal LePage predicts continued stability in Canada’s winter recreational real estate market as interest rates expected to hold or moderate
National single-family home price in Canada’s winter recreational...
The Real Estate Board of Greater Vancouver (REBGV) reports...
Choosing the right REALTOR® is a crucial step to ensure your journey to buying or selling real estate in Coquitlam is a success. A skilled and experienced REALTOR® can make the process smoother and more...
The Bank of Canada announced on October 25th it would be holding its key lending rate at 5.0%, the second consecutive hold since two quarter-point increases were made over the summer. Since March of last...
The month-over-month price gains seen earlier this year abated in the Metro Vancouver housing market in September due to a seasonal decline in sales and a modest increase in inventory levels across the...
As we near the end of summer, higher borrowing costs have begun to permeate the Greater Vancouver housing market in predictable ways, with price gains cooling and sales slowing along the typical seasonal...
Home prices across all home types in Metro Vancouver rose again in July, as strong sales figures continue to push up against low levels of housing inventory in the region.
The Real Estate...
Canadians continue to grapple with the increased cost of living, and the Bank of Canada’s latest hike to interest rates this week will add more pressure to variable rate mortgage holders, as well as those...
REBGV Market Activity – June 2023
The Greater Vancouver real estate housing market is showing some conflicting indicators, suggesting a potential shift on the horizon. While the REBGV aggregate HPI benchmark...
Continuing the trend that has emerged in the housing market this year, the benchmark price for all home types in Metro Vancouver1 increased in June as home buyer demand butted up against a limited inventory...
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...
While the year started slower than usual, Metro Vancouver’s1 housing market is showing signs of heating up as summer arrives, with prices increasing for the sixth consecutive month.
The Real Estate Board...
Royal LePage West Real Estate Services
©2024 David Reimers Personal Real Estate Corporation - All Rights Reserved.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
