August 22nd, 2019
There was a continued decline in mortgage originations in the second quarter of 2019. Originations fell 8.9% year-over-year with younger Canadians (18-25 years) showing a 13.4% drop according to the … [read more]
August 20th, 2019
A global ranking of luxury housing markets has highlighted the divergence of Canada’s two largest markets. Vancouver remains at the bottom of the table of 46 cities worldwide compiled using … [read more]
August 16th, 2019
August 15th, 2019
The British Columbia housing market showed improvement in July with residential sales up 12.4% year-over-year. The latest assessment of the market from the British Columbia Real Estate Association reveals 7,930 … [read more]
August 13th, 2019
The recent slowdown in Canada’s hottest housing markets is turning a corner and a potential new price boom is threatening to frustrate would-be buyers’ hopes. The real risk to Canada’s … [read more]
July 17th, 2019
A new report from CMHC looks at the state of the Canadian mortgage market and highlights some of the challenges that it faces. The inaugural Residential Mortgage Industry Report says … [read more]
July 10th, 2019
Demand for offices in Toronto and Vancouver has squeezed the vacancy rates of both, making them the joint tightest markets in North America. CBRE Canada says that Vancouver’s office vacancy … [read more]
July 4th, 2019
The Bank of Canada is unlikely to make any changes to interest rates when it meets in a week’s time and that is the right move according to a panel … [read more]
July 4th, 2019
SURREY, BC – Last month’s property sales in the Fraser Valley were 29.3 per cent below the 10-year sales average for June and were the second lowest total for the … [read more]
July 4th, 2019
Home sales remain weaker than usual in the Metro Vancouver with June posting its lowest total since 2000. The Real Estate Board of Greater Vancouver says that sales in the … [read more]
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