Canadian housing starts in increased in September, climbing to 7 per cent to a seasonally adjusted annual rate of 205,900 units. New home construction in BC also increased, rising...
Blog & News: Vancouver Real Estate Market
Canadian House Price Rally Extended As Low Rates And Relatively Stable Domestic Economy Brace Confidence
Softening seen in some regions but suggestions of impending US-style correction unfounded, according to Royal LePage
The Royal LePage House Price Survey released today showed the average...
Home listings continue to rise in the Greater Vancouver housing market
Consistent increases in property listings and fewer home sales over the summer months has helped move the Greater Vancouver housing market into the upper end of a buyers’ market.
The Real Estate Board...
Home Sales Stable During Summer Months
Vancouver, BC – September 14, 2011. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential unit sales in the province rose 16.4 per...
BCREA on Bank of Canada Interest Rate Announcement
The Bank of Canada opted to hold the Bank's target rate at 1 per cent this morning. Market volatility over the summer and incoming data indicating very weak economic growth has prompted...
Greater Vancouver home sales trend toward buyers' market over summer
August marked the third consecutive month that home sale activity in Greater Vancouver was below the 10-year average for the month. In contrast, home listing activity in the region has exceeded the 10-year...
CMHC: Canadian Housing Market to Remain Steady in 2011
OTTAWA, August 24, 2011 — Housing starts are forecast to remain steady in 2011 and 2012, according to Canada Mortgage and Housing Corporation’s (CMHC) third quarter Housing Market Outlook, Canada...
The Residential Construction Performance Guide - an essential tool for homeowners!
he Residential Construction Performance Guide sets out the minimum required performance of new homes covered by home warranty insurance in British Columbia. Homeowners can search this free online Guide...
BC Home Sales Edge Lower in July
The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential unit sales in the province rose 12.9 per cent to 6,533 units in July compared to the...
Active home sellers bring greater selection to the Greater Vancouver housing market
While the balance between home buyer and seller activity remains in an equilibrium range in the Greater Vancouver housing market, last month’s home sale total was below the 10-year average for July....
Bank of Canada maintains overnight rate target at 1 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
...
Labour Force Survey - BCREA ECONOMICS NOW
June's Labour Force Survey showed strong employment growth of 28,000 new jobs, the third consecutive monthly increase. The national unemployment rate remained unchanged at 7.4 per cent. Unfortunately...
Summer housing market trends toward balance after an active spring season
Home sellers outpaced buyers on Greater Vancouver’s Multiple Listings Service® (MLS®) in June, drawing the market back toward balance this summer.
The Real Estate Board of Greater Vancouver...
Home Sales to Rise 5 Per Cent This Year - BCREA 2011 Second Quarter Housing Forecast
Vancouver, BC – June 30, 2011. The British Columbia Real Estate Association (BCREA) released its 2011 Second Quarter Housing Forecast today.
BC Multiple Listing Service® (MLS®) residential...
Renovation Spending Reaches $22.8 Billion Across 10 Major Centres
OTTAWA, June 29, 2011 — An estimated 1.9 million households, surveyed in 10 major centres, indicated they completed renovations last year, a slight decrease from the 2.1 million households...
Bob Rennie at UDI - a closer look at why Vancouver is different by Susan M Boyce for the Metro Vancouver Condo Guide
Bob Rennie's address to the Urban Development Institute (UDI). As always, information-packed statistics came thick and fast, often generating a collective gasp of amazement. This year, Rennie focused on...
BC Home Sales Edge Lower in May
Vancouver, BC – June 15, 2011. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential unit sales in the province edged down one per...
Greater Vancouver housing market holds steady and favours sellers in May
Home sales remained at typical springtime levels on the Multiple Listing Service® (MLS®) in Greater Vancouver in May.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential...
Greater Vancouver housing market sees typical spring activity in April
Greater Vancouver saw a typical, solid month of residential home sales on the Multiple Listing Service® (MLS®) in April, in contrast to the near record pace witnessed in the two preceding...
Two Speed Market Continues for BC Home Sales
Vancouver, BC – April 18, 2011. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province continued to climb higher...
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.